Comment by writebetterc

Comment by writebetterc 4 hours ago

2 replies

You're saying $8 billion to cover interest, another commenter said 80, but the actual article says ""$8 trillion of CapEx means you need roughly $800 billion of profit just to pay for the interest". Eight HUNDRED billion. Where does the eight come from, from 90% of these companies failing to make a return? If a few AI companies survive and thrive (which tbh, sure, why not?) then we're still gonna fall face down into concrete.

koliber 4 hours ago

right. My goof. That adds two more zeroes across all the math. More crazy, but I think in the realm of "maybe, if we squint hard."

  • writebetterc 4 hours ago

    I think it's the realm of maybe in Silicon Valley. That's 5000 dollars. Look at this statement:

    > Let's say only about 1/3 of the world's adult population is poised to take advantage of paid tools enabled by AI

    2/3 of the world's adult population is between 15 and 65 (roughly: 'working age'), so that's 50% of the working world that is capable of using AI with those numbers. India's GDP per capita is 2750USD, and now the price tag is even higher than 5k.

    I don't know how to say this well, so I'll just blurt it out: I feel like I'm being quite aggressive, but I don't blame you or expect you to defend your statements or anything, though of course I'll read what you've got to say.