Comment by epolanski

1. The estimates, for data center build outs in 2026 alone, in US alone, and even limiting just to the hyperscalers + oracle is in the 600 to 800 billions range.

And I'm ignoring the likes of Nvidia building their owns and smaller (but still huge) outside the biggest players. Or the comparably smaller, yet still multi billions spent in the rest of the world.

2. That excludes salaries, research, taxes, cost of running the datacenters themselves, etc.

In fact several estimates are pointing out that global annual spending on AI better be in the range of 3T$ range (that's almost a 1'000 $ / year per every adult in the world) or this is all going bust.

The math that does not make sense is to expect such a gargantuan spending to have any meaningful monetary return.