baldur , to random
@baldur@toot.cafe avatar

“WSJ: The AI industry spent 17x more on Nvidia chips than it brought in in revenue”

Linking to a reddit thread just for the headline quote they found in a paywalled WSJ article feels a bit weird but…

This 17x number is just for chips so the actual cost x revenue multiplier is much higher in reality https://old.reddit.com/r/MachineLearning/comments/1bs1ebl/wsj_the_ai_industry_spent_17x_more_on_nvidia/

madeindex ,
@madeindex@mastodon.social avatar

@baldur Well these are initial investments into AI hardware & research right? (don't have a WSJ subscription 😅 )

I'm curious how the operational costs will turn out once the is fully developed and if they are low enough to recover the investments 🤔

The salaries for AI engineers & scientists & Server engineers etc. seem to be > 110k$/yr in the US according to :
https://www.glassdoor.com/Salaries/ai-engineer-salary-SRCH_KO0,11.htm

https://www.glassdoor.com/Salaries/ai-scientist-salary-SRCH_KO0,12.htm

https://www.glassdoor.com/Salaries/server-engineer-salary-SRCH_KO0,15.htm

MayInToronto , to random
@MayInToronto@mstdn.ca avatar

I never thought I'd delete my account, but here we are. A part of me wonders if the employers are winning as a result of this .

If you've missed the news:
https://arstechnica.com/tech-policy/2024/03/glassdoor-adding-users-real-names-job-info-to-profiles-without-consent/

mookie , to random
@mookie@troublemaker.social avatar
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