AI's race to transform the world before the money runs out

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 04 Oct, 11:37 UTC

Cumulative spending globally on data centers alone could top $30 trillion by 2050, according to a projection by PwC, almost matching the value of outstanding US Treasuries. It "dwarfs" what was spent in the railroad or dotcom booms, even after adjusting for inflation, PwC said.

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Sources

• T1AI's race to transform the world before the money runs outEconomic Times — Tech / Technology / Startups / ETTelecom04 Oct, 11:37