IBM CEO Arvind Krishna walked through some napkin math on Big Tech's AI data center spending — and raised some doubts on if it'll prove profitable.
  • 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%.
  • wewbull@feddit.ukEnglish
    1·
    7 hours ago

    I don’t know whether that holds true when they’re damaging so many things in the process. If it was only themselves they were hurting, sure…leave them to it.