July 18, 2024 AI Optimism vs. AI Arms Race AI Featured, News In this article:“Will AI change the world” and “Are CapEx levels too high” are different questions.AI Capex = building data centers with land power steel etcThe capex debate is about speed, and not about magnitudeAI Capex is driven both by AI optimism and other factorThere is intense competition, and the prize is a market og $250BThere is rapid scale in data centers… And should have a good effect on startupsMore AI Optimism vs AI Arms Race More
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