I Don’t Think Any of This is a Major Indictment of AI, Tom Essaye tells Barron’s.
I don’t think any of this is a major indictment of AI, Tom Essaye tells Barron’s.
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Sevens Report Research’s Tom Essaye told Barron’s that the so-called hyperscalers are drawing some scrutiny from Wall Street lately for their big spending efforts.
“I don’t think any of this is a major indictment of AI, but if we think about all this stuff needing an ROI, if everything costs way more, then the ROI needs to be bigger—or big enough—to absorb these insane cost increases that people have to deal with on the memory and chip side of things,” Essaye says.
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