When The Bubble Bursts: Tips For Businesses Considering AI

When The Bubble Bursts: Tips For Businesses Considering AI

AI is a hot topic right now—possibly too hot, with The Wall Street Journal reporting companies like Facebook are spending around $600 billion in hopes of cornering the market. That’s a lot of cheddar, all pinned on the hopes of one technology, however revolutionary it may potentially be.

But the problem facing Meta (and X, and OpenAI and many, many others) is whether all this investment will see a return. Bain & Company estimates AI companies need to collectively rake in $2 trillion in revenue annually just to fund the anticipated computing power demands for our current AI plans. And right now, they’re falling over $800 billion short.

Click to read the entire story on Forbes.com!