151. Laggards and Over-shooters

Calibrate your organization for AI preparedness

Do you need $ 5 Trillion for AI??

Over the weekend, a news report said (The Wall Street Journal - paywalled),

The OpenAI chief executive officer is in talks with investors including the United Arab Emirates government to raise funds for a wildly ambitious tech initiative that would boost the world’s chip-building capacity, expand its ability to power AI, among other things, and cost several trillion dollars, according to people familiar with the matter. The project could require raising as much as $5 trillion to $7 trillion(!!!)

$ 5 to $ 7 trillion??

The total GDP of the world is about $ 100 trillion.

I don’t know what it means in real terms. There are only two countries in the world with a higher GDP in 2022 above $ 5 trillion. (The US and China). What is the time period for this investment - 5 years, 10 years, 50 years?

Sam Altman obviously is a very savvy and smart CEO.

(About 5 years ago, I attended the live taping of his interview for the Conversations with Tyler podcast with Tyler Cowe…