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
    2·
    10 hours ago

    OMG the mandates. We’re got those too. It’s ok to have the option, it’s bad to have the mandate.

    I’m reminded of the criticism that middle management likes AI because all MGMT has to do is summarize and report up, something AI is actually pretty good at. And they think they’re smart, so they think AI should be able to do other jobs too, except they’re so detached from production that they don’t understand how far it falls short.