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An $800 billion revenue shortfall threatens AI future, Bain says
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Silicon Valley
By 2030, AI companies will need $2 trillion in combined annual revenue to fund the computing power needed to meet projected demand, Bain said in its annual Global Technology Report released Tuesday.
But the savings provided by AI and companies’ ability to generate additional revenue from AI is lagging behind that pace.
Bain didn’t go into the likely implications for AI companies if they continue to fall short of profitability into 2030.
Global incremental AI computing requirements could soar to 200 gigawatts by 2030, with the US accounting for half that, Bain said.
Beyond AI services, Bain said in its annual tech report that it anticipates growth in areas such as quantum computing.
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