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Wrong. The depreciation cost on the hundreds of billions of dollars spent on the AI build-out is almost certainly larger then the AI industry's gross income.
by 9cb14c1ec0 1y ago
Wrong. The depreciation cost on the hundreds of billions of dollars spent on the AI build-out is almost certainly larger then the AI industry's gross income. This is a vastly different depreciation cost schedule than AWS.
- atleastoptimal 1y agoWell it all seems like a waste of money if you don't believe that AI models are getting significantly more useful every generation, and that the scale-up is on a path to AGI within the decade. These companies obviously do believe in near-term AGI thus even extreme capital expenditure is worthwhile.