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Forecasting that the GPU build-out will reach 100 trillion USD in 2034 is wild (that's triple the US GDP in 8 years). And another 10x within 2 years.

I am not sure where they believe that amount of capital could come from. It would require central bank level money printing never seen before.

https://ai-2040.com/supplements/compute-supplement



The article reads like a compilation of online chatter, social media post, etc. on AI. Not surprising to find unsubstantiated imaginary numbers there.


Well... yes, it would. In theory, efficiency gains are deflationary. Huge efficiency gains are hugely deflationary.

If we're producing 10x as much, why not print 10x as much money? The goods and services each dollar could buy would remain similar.




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