- IBM’s CEO walked through some napkin math on data centers— and said that there’s “no way” to turn a profit at current costs.
- “$8 trillion of CapEx means you need roughly $800 billion of profit just to pay for the interest,” Arvind Krishna told “Decoder.”
- Krishna was skeptical of that current tech would reach AGI, putting the likelihood between 0-1%.
The last “novel” thing IBM did was helping the Nazi’s to create one of the most efficient genocides in history. In the last few decades though they just buy existing IP and keep it alive as long as it can make them money