From Newsgroup: comp.misc
According to this report, investment bankers JP Morgan are estimating
that it will take something like US$650 billion in annual revenue in
order to get a 10% return on all the current AI investment fever <
https://www.tomshardware.com/tech-industry/artificial-intelligence/usd650-billion-in-annual-revenue-required-to-deliver-10-percent-return-on-ai-buildout-investment-j-p-morgan-claims-equivalent-to-usd35-payment-from-every-iphone-user-or-usd180-from-every-netflix-subscriber-in-perpetuity>.
If this sounds almost ridiculously high, itrCOs because it is.
This is an investment bankerrCOs idea of optimism:
Still, the report from J.P. Morgan is not all doom and gloom; it
mentioned, rCLRegardless, even if everything works, there will be
(continued) spectacular winners, and probably some equally
spectacular losers as well, given the amount of capital involved
and winner-takes-all nature of portions of the AI ecosystem.rCY This
meant that even if the AI bubble does not collapse, we could still
potentially see massive failures from some of the biggest players
in the AI industry today.
Sure, a bunch of players will lose billions or trillions. But others
will no doubt profit ... we hope ...
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