IBM CEO Arvind Krishna walked through some napkin math on Big Tech's AI data center spending — and raised some doubts on if it'll prove profitable.
  • 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%.
  • ɔiƚoxɘup@infosec.pub
    0·
    2 months ago

    I want to see private equity do a Toys’R’Us on em; buy em and leverage them to death.

    A fitting end.