Revenue from AI is 20B while market cap is 3T, that's 150x, while CapEx is ~50B on 80% YoY increase. @profgalloway and @edels0n break down the AI market.
Will on-device zero-CapEx AI fundamentally change this equation? Yes. Yes it will.
Watch: https://t.co/8LcUQBHmLf
Codeium would go bankrupt if they used cloud AI, too expensive. Says @_mohansolo on @edels0n . Competitor GitHub copilot has the same problem.
Better to integrate the models into the product instead of relying on external service.
Watch: https://t.co/nZsRaO9fXA
Chamath foresees a reset after massive investments in AI hardware. Cloud AI infrastructure companies and players are dipping, making room for efficiency-driven AI.
On-device is an antidote to the immense cloud AI spend.
Watch: https://t.co/OB8LxpbWcY
Big models are expensive. Big players will be scarce. Says @jluan at @HarryStebbings. And companies will have to deal with the high costs.
Or they can inference on-device and save millions.