The most-repeated objection to the AI buildout is that nobody can show the money coming back. It’s something billionaire Mark Cuban explicitly said on the Bihe Big Tech Podcast, that “they’ll never get it,” with ‘it’ referring to the trillions of dollars spent on the AI buildout. He further classified it as “they’re just sh*tting away that money.” The billionaire has exclaimed repeatedly about the trillions being spent on the AI buildout.
Possibly the largest benefactor in the world of this trend, however, has a completely polar take on the subject. Nvidia (NVDA) CEO Jensen Huang was asked a version of this by Axios' Mike Allen: “When does the party stop? When does your finance team start to worry?” Instead of answering with a forecast, he answered with an invoice.
