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Good thoughts, really. Author said, people enter BIG race, to buy huge number of GPUs, but at the moment not seen, from where their cost will be paid. I mean,
by simne 3y ago
Good thoughts, really.
Author said, people enter BIG race, to buy huge number of GPUs, but at the moment not seen, from where their cost will be paid.
I mean, if $200B should been invested, this must consider at least 4 x $200B of returns (including salaries, fees, taxes, etc), so at least $1000B must be somewhere on horizon.
If industry will not found source of $1000B, will be just next bubble.
Yes, it is possible, to happen some wonder, for example, government could consider this very important, for example for defense, raise taxes and pay these money from budget.
But any possible money must appear nearest months.
- simne 3y agoChecked: https://www.ibisworld.com/global/industry-trends/biggest-industries-by-revenue/ https://www.ibisworld.com/global/industry-trends/biggest-ind... 1. Global Wireless Telecommunications Carriers Revenue for 2023: $1,102,684,1B 2. Global Oil & Gas Exploration & Production Revenue for 2023: $5,253,4B 3. Global Life & Health Insurance Carriers Revenue for 2023: $4,629,2B 4. Global Pension Funds Revenue for 2023: $4,253,6B 5. Global Commercial Real Estate Revenue for 2023: $4,200,1B 6. Global Car & Automobile Sales Revenue for 2023: $3,739,6B 7. Global Direct General Insurance Carriers Revenue for 2023: $2,891,3B 8. Global Commercial Banks Revenue for 2023: $2,823,3B 9. Global Car & Automobile Manufacturing Revenue for 2023: $2,564,8B 10. Global Tourism Revenue for 2023: $2,285,6B From this list, only Global Wireless Telecommunications could easy withstand to spend 1000B, all others will have big troubles if spend so much, as this is very large share of their revenue.
- jononor 3y agoEach of those 10 could potentially cover 100B each though?
- simne 3y agoYes, they could. Question, if they will? - Only government could just rise taxes (or just print money) to gather additional 100B, just because they need money. But very few businesses could do such things in so short term and without very serious foundations.