Companies are betting big on AI – and burning through cash to do it.

They’re pouring hundreds of billions of dollars into building data centres and developing new models – such as ChatGPT. And so far, these projects are yet to see a financial return.

There is one clear winner: Nvidia – the company that makes the chips that power this tech.

But how long can its customers keep spending before they have to either turn a profit or scale back?

Today, Reuters journalist Stephen Nellis on how long this AI boom can last – and what a crash might look like.



If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.



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Guest: Reuters journalist Stephen Nellis

Photo: AP Photo/Eric Risberg

Companies are betting big on AI &ndash; and burning through cash to do it.
They&rsquo;re pouring hundreds of billions of dollars into building data centres and developing new models &ndash; such as ChatGPT. And so far, these projects are yet to see a financial return.
There is one clear winner: Nvidia &ndash; the company that makes the chips that power this tech.
But how long can its customers keep spending before they have to either turn a profit or scale back?
Today, Reuters journalist Stephen Nellis on how long this AI boom can last &ndash; and what a crash might look like. 
If you enjoy&nbsp;7am, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>. 
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Reuters journalist Stephen Nellis
Photo:&nbsp;AP Photo/Eric Risberg

An independent daily news show. We feature the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

An independent daily news show. We feature the country&rsquo;s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

A daily news show from the publisher of The Monthly and The Saturday Paper.

A daily news show from the publisher of The Monthly and The Saturday Paper. Hear from the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

How long can the AI boom last?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/1aed73df-c3f8-4f77-bfdd-b3a100534530/transcript

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