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World News@lemmy.worldEnglish · 2 months ago

‘The cost of compute is far beyond the costs of the employees’: Nvidia exec says right now AI is more expensive than paying human workers

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‘The cost of compute is far beyond the costs of the employees’: Nvidia exec says right now AI is more expensive than paying human workers

Gsus4@mander.xyz to

World News@lemmy.worldEnglish · 2 months ago

cross-posted to:
technology@lemmy.world

‘The cost of compute is far beyond the costs of the employees’: Nvidia exec says right now AI is more expensive than paying human workers | Fortune

Big Tech has announced $740 billion in capex this year, but AI has yet to show evidence of widespread increased productivity.

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At its current pace, AI expenditures may reach $5.2 trillion by 2030

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  They think it is a lottery and sinking more money into it will increase the odds of “winning at everything”.

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