this post was submitted on 26 Oct 2024
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It feels like we are just at the beginning of the worm turning with AI. The biggest players are becoming even bigger and now firing up old nuclear power plants to help offset the new power requirements, while the smaller players get eaten up or die off.
The investing world has started asking more questions about the future potential earnings and path forward for what is turning out to be just a really great auto complete.
The money is still flowing in but has it peaked for the blindly throwing money into these schemes? It takes a lot of capital to support the infrastructure needed and the payoff could be years away for investors.
It's really bold to assume there will ever be a payoff for this. More than likely there will be an AI bust where every firm that invested in AI is screwed over.