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How long can the AI boom last?

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Manage episode 521338339 series 2535565
Content provided by [email protected] and Solstice Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and Solstice Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Companies are betting big on AI – and burning through cash to do it.

They’re pouring hundreds of billions of dollars into building data centres and developing new models – such as ChatGPT. And so far, these projects are yet to see a financial return.

There is one clear winner: Nvidia – the company that makes the chips that power this tech.

But how long can its customers keep spending before they have to either turn a profit or scale back?

Today, Reuters journalist Stephen Nellis on how long this AI boom can last – and what a crash might look like.
If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.
Socials: Stay in touch with us on Instagram

Guest: Reuters journalist Stephen Nellis

Photo: AP Photo/Eric Risberg

See omnystudio.com/listener for privacy information.

  continue reading

1832 episodes

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How long can the AI boom last?

7am

111 subscribers

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Manage episode 521338339 series 2535565
Content provided by [email protected] and Solstice Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and Solstice Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Companies are betting big on AI – and burning through cash to do it.

They’re pouring hundreds of billions of dollars into building data centres and developing new models – such as ChatGPT. And so far, these projects are yet to see a financial return.

There is one clear winner: Nvidia – the company that makes the chips that power this tech.

But how long can its customers keep spending before they have to either turn a profit or scale back?

Today, Reuters journalist Stephen Nellis on how long this AI boom can last – and what a crash might look like.
If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.
Socials: Stay in touch with us on Instagram

Guest: Reuters journalist Stephen Nellis

Photo: AP Photo/Eric Risberg

See omnystudio.com/listener for privacy information.

  continue reading

1832 episodes

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