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The AI Bubble Burst Will Be Worse Than The Dotcom Bubble. None Of These Companies Are Profitable Without Government Subsidies, Or Communism

The AI Bubble Burst will be Worse than the Dotcom Bubble. None of these Companies are Profitable without Government Subsidies, or Communism

By Truth_teller

IBM CEO Arvind Krishna says there is “no way” to turn a profit on the $8 trillion currently being committed to AI data centers.

Krishna notes that at $80 billion per gigawatt, a company committing to 20-30 GW faces $1.5 trillion in CapEx, requiring $800 billion in annual profit just to cover interest and depreciation of chips that must be replaced every 5 years.

0/10 of the top AI startups are profitable!

Does OpenAI’s Sam Altman look guilty as sin in this explosive interview with Tucker Carlson?

 

Resources:
https://x.com/Truthtellerftm/status/2045447512673210457
https://x.com/Truthtellerftm/status/1969489809988014504

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