- IBM’s CEO walked through some napkin math on data centers— and said that there’s “no way” to turn a profit at current costs.
- “$8 trillion of CapEx means you need roughly $800 billion of profit just to pay for the interest,” Arvind Krishna told “Decoder.”
- Krishna was skeptical of that current tech would reach AGI, putting the likelihood between 0-1%.
AI is a military/political control/fossil energy project. Purpose of spending is purely for dominance ambitions, and government will (over)spend what is needed to use the datacenter time. AI budget/regulation items are already part of military funding bills. Remember, if the US does not bankrupt itself in pretense of supremacism, China wins.