AI is a bubble: for the AI industry to recoup investments, it needs to learn to earn orders of magnitude more.
Massive investments by tech giants in AI infrastructure have yet to be reflected in revenue growth from this sector, noted Tom’s Hardware. According to David Cahn, an analyst at Sequoia Capital, AI industry companies will need to generate around $600 billion a year to offset expenses related to their AI infrastructure, including data centers. Last year, Nvidia's revenue from hardware sales […]
