In a competitive scenario, low markups make it impossible to recoup the investments. Trillions of sunk CAPEX will have proven to be a global public good. In the monopoly/duopoly scenario, prepare for the mother of all big tech vs regulators fights (2/2)
Callum Williams (@econcallum)
Updating "necessary AI revenues" model after latest capex announcements from big tech
— https://nitter.net/econcallum/status/2083174778060345727#m