Big Tech has announced $740 billion in capex this year, but AI has yet to show evidence of widespread increased productivity.
An Nvidia executive states that AI computing expenses currently surpass the cost of human employees. Big Tech has allocated $740 billion in capital expenditure this year, but tangible evidence of widespread AI-driven productivity gains is still lacking. This indicates a…
Market Samachar is a news aggregator. This article was originally published by Fortune. Tap the button above to read the full story on their site.