@reuters: Globally, cumulative spending on data centers could top $30 trillion by 2050, according to a central scenario modeled by Oxford Economics and PwC. That 'dwarfs' previous technological investments, the report says. The unprecedented spending raises a key question: Will AI deliver the productivity gains investors expect? Global Economics Correspondent Stephen Eisenhammer has more. #ai #datacenters #technology #artificialintelligence #investment

Swift Trades :

$30T by 2050 is hard to wrap your head around. The power and grid side of this buildout feels underappreciated — none of those data centers run without the energy behind them.

alexstiktokagram :

No.

🍄 :

That is NOT possible. The quality of LLMs have already tapered off, LLMs are NOT intelligent and there is no path to become actual intelligence.

Chieftess Garcia-Bedard :

eidhbdbwhajzbs :

No it can’t, it’s built on the theft of all its data, and the money involved is just going round in circles between the same 5 companies. It’s all a scam.

adzthewise :

No, we all see the fake bloated valuations, the circle funding... Fake over hyped IPOs

Melissa Sol :

I think more people need to understand what financial independence actually means, and @Steve Jay ✨ does a great job bringing attention to the subject. Definitely worth checking out if FIRE is something you’ve been researching.