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Cade Metz

๐Ÿ‘ค Speaker
141 total appearances

Appearances Over Time

Podcast Appearances

The Daily
Is There an A.I. Bubble? And What if It Pops?

It's a mind-boggling amount of money, even for people who have spent decades in the tech industry.

The Daily
Is There an A.I. Bubble? And What if It Pops?

OpenAI alone has said it's going to spend $500 billion on data centers in the United States alone.

The Daily
Is There an A.I. Bubble? And What if It Pops?

to drive these technologies.

The Daily
Is There an A.I. Bubble? And What if It Pops?

Let's stop for a second and think about what that means.

The Daily
Is There an A.I. Bubble? And What if It Pops?

$500 billion in today's money could fund about 15 Manhattan projects.

The Daily
Is There an A.I. Bubble? And What if It Pops?

Wow.

The Daily
Is There an A.I. Bubble? And What if It Pops?

It could fund the Apollo program two times over.

The Daily
Is There an A.I. Bubble? And What if It Pops?

And that's just the money to drive AI for a single startup, OpenAI.

The Daily
Is There an A.I. Bubble? And What if It Pops?

All told, if you look at what is being spent across the globe, not just the U.S.,

The Daily
Is There an A.I. Bubble? And What if It Pops?

We're talking about nearly $3 trillion.

The Daily
Is There an A.I. Bubble? And What if It Pops?

That's an awful lot of money for a technology that is transformative, but is in many ways still speculative, meaning what they see in the future is so big.

The Daily
Is There an A.I. Bubble? And What if It Pops?

They, in many cases, believe they're building what is called in the Valley artificial general intelligence, a machine that can do anything the human brain can do.

The Daily
Is There an A.I. Bubble? And What if It Pops?

It's shorthand for a machine that can do all of the economically valuable work that people like you and I do on a daily basis.

The Daily
Is There an A.I. Bubble? And What if It Pops?

They want to essentially replace all human workers.

The Daily
Is There an A.I. Bubble? And What if It Pops?

They want to give the world a technology that can do any job.

The Daily
Is There an A.I. Bubble? And What if It Pops?

That, in theory, is worth all this spending.

The Daily
Is There an A.I. Bubble? And What if It Pops?

But it's worth saying that we don't know how to get to such a goal.

The Daily
Is There an A.I. Bubble? And What if It Pops?

That is a lofty thing to reach for.

The Daily
Is There an A.I. Bubble? And What if It Pops?

But so many Silicon Valley executives remain undeterred.

The Daily
Is There an A.I. Bubble? And What if It Pops?

Jensen Wang, the CEO of NVIDIA.