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World News@lemmy.worldEnglish · 1 month ago

‘The cost of compute is far beyond the costs of the employees’: Nvidia exec says right now AI is more expensive than paying human workers

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‘The cost of compute is far beyond the costs of the employees’: Nvidia exec says right now AI is more expensive than paying human workers

Gsus4@mander.xyz to

World News@lemmy.worldEnglish · 1 month ago

‘The cost of compute is far beyond the costs of the employees’: Nvidia exec says right now AI is more expensive than paying human workers | Fortune

Big Tech has announced $740 billion in capex this year, but AI has yet to show evidence of widespread increased productivity.

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1 month ago
It works if someone corners the market and everyone else gives up. Every single VC thinks they’re the company that is going to do that.

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