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AI CapEx Now Hinges on Deus ex machina

dcahn.substack.com

We are making great strides on AI adoption, but new investment is largely AGI focused. This is surprising, since luminaries have been walking back their timelines. And future science may be at risk.

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‘We could hit a wall’: why trillions of dollars of risk is no guarantee of AI reward | David A. Bader

by Dan Milmo Datacentres and industrial complexes used by Google, Microsoft and Amazon in Medemblik, the Netherlands. Photograph: Merten Snijders/Getty Will the race to artificial general intelligence (AGI) lead us to a land of financial plenty – or will it end in a 2008-style bust? Trillions of dollars rest on the answer.

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