AI must generate $6 trillion annually to justify investment, Bain says
Summarised from 2 outlets · Updated 30 Sept, 18:32 · Archive
Artificial intelligence must produce $6 trillion in annual economic value by 2031 to justify infrastructure spending, according to consulting firm Bain & Co.
Consulting firm Bain & Co. has highlighted challenges in making current artificial intelligence development sustainable. The firm says AI will need to generate $6 trillion in annual economic value by 2031 to justify the level of investment being made in data centres and related infrastructure.
How it is being reported
- AI market needs to make $6 trillion a year by 2031 to fund its infrastructure habitThat's the amount of economic value AI will have to deliver to justify all the investmentThe Register · 30 Sept, 16:51
- AI faces $6 trillion test to justify data centers, Bain saysConsulting firm Bain & Co.'s report highlights the hurdles ahead to make the current pace of artificial intelligence development sustainable.The Japan Times · 29 Sept, 03:30
In this story: Bain & Co. · AI
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