In other words, this technological revolution could have 100 times the impact of the Industrial Revolution. And it's not just what AI companies are saying, it's what they are doing. Over the course of this year, four major AI companies are expected to spend almost $700 billion building data centers and tens of billions more on research and development. That is equivalent to what we spent on the entire Manhattan Project, which built the atom bomb during World War II. Every three weeks. That's the magnitude of what these guys are spending. (05:54–06:11)
CLAIM
Asserts that four major AI companies will spend nearly $700 billion on data centers and additional billions on R&D this year.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
