IBM CEO Warns on AI Spending

IBM's CEO, Arvind Krishna, recently talked about how much money companies are spending on AI.

He said that building big AI data centers is very expensive, costing up to $1.5 trillion for large projects.

He also mentioned that the special computer chips used for AI need to be replaced often, which adds to the cost.

Krishna thinks that spending so much money on AI might not be worth it because the chance of creating something called AGI (a super-smart AI that can do anything a human can) is very low, around 0-1%.

He believes companies should focus on using AI to make things better now, rather than spending too much on future projects that might not work.

Big companies like Alphabet and Amazon are still spending a lot on AI, but Krishna is worried about the costs and the real benefits.