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by IsTom 14 days ago
The scale current of money-burning is just wild. I'm not sure you can compare it to anything else this century.
1 comments

The tech industry is currently spending more on AI infrastructure every single year than the United States spent during the absolute peak annual years of the post-9/11 wars.

That said, $2T was spent during GWOT with another $8T in veteran care, DHS, interest in debt.

Current AI spend this year is expected to be $2.59T (chips, infra, etc)