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IBM CEO says there is 'no way' spending trillions on AI data centers will pay off at today's infrastructure costs (www.businessinsider.com)
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IBM CEO says there is 'no way' spending trillions on AI data centers will pay off at today's infrastructure costs (www.businessinsider.com)
submitted 11 months ago by to c/fuck_ai@lemmy.world
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  • 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%.
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IBM CEO says there is 'no way' spending trillions on AI data centers will pay off at today's infrastructure costs (www.businessinsider.com)
submitted 11 months ago by to c/technology@beehaw.org
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IBM CEO says there is 'no way' spending on AI data centers will pay off (www.businessinsider.com)
submitted 11 months ago by [B] to c/hackernews@lemmy.bestiver.se
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