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Keumars Afifi-Sabet

Quote of the day by investor Warren Buffett on AI capex: "That's real money... That kind of money wasn't even put in the railroad business" — outlining his bullish long-term thesis on AI

Warren Buffett.

AI demands a huge amount of energy, water, compute, and, of course, money. Big tech companies, including Google and Meta, have pledged huge sums of money toward the capital expenditure (capex) to continue the push to more powerful AI. But many inventors feel increasingly wary that this spending is simply swelling an already inflated bubble.

Laying the tracks

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