World's richest man Elon Musk believes that AI agentic traffic will "vastly" exceed human usage, but veteran American investor Michael Burry quickly questioned who is paying for these AI agents, raising worries over the sustainability of the AI frenzy.
SpaceX and Tesla CEO Elon Musk has long been known for his support for artificial intelligence. During a recent interview, Musk said artificial intelligence (AI) and robotics could lead to widespread economic abundance, and its pace of progress has become so rapid that it cannot realistically be stopped.
Meanwhile, Burry is known for pointing out bubbles against the overall market tide. The American investor, best known for correctly predicting the 2008 housing crisis, has recently been highlighting excessive AI spending by hyperscalers, warning investors that a massive crash may be coming.
Musk says AI to vastly exceed humans in internet traffic
Reacting to a Cloudflare forecast that AI bot traffic could reach 1,000 times the level of human traffic within five years, Elon Musk said, “AI agentic Internet traffic will obviously VASTLY exceed human usage. Not a close call at all.” In a post on X, Musk highlighted that Cloudflare’s forecast is accurate.
“And the only system that can support the insanely fast bandwidth growth needed by AI is Starlink…It’s possible that Starlink may end up doing >90% of IP traffic, even if competitors 10X their bandwidth,” he added.