Sorry, Skeptics — AI Is Not a Bubble
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I'm Rufus Griscom and this is the next big idea. Today, our collective investment in AI is approaching a trillion dollars. Azim Azar says keep it coming. Human societies have made some astonishingly large bets on new technology. In the last few hundred years, we've built transcontinental railroads, electrified entire nations, constructed the interstate highway system.
А спент the modern equivalent of more than three hundred bill dollars. Putting human beings on the moon. The investment now being made in artificial intelligence, however, Arguably surpasses All of these prior investments in speed and intensity.
This year alone estimates suggest The technology companies will spend between roughly Five hundred and forty bill and eight hundred billon dollars On AI chips, data centers, power, cooling, networking. And supporting infrastructure.
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