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Are we dismissing AI spend before the 6x lands?

2 days ago
  • Critics of AI spending are judging models trained on outdated hardware, ignoring the upcoming massive wave of compute.
  • Global AI chip capacity is set to increase 6x between 2024 and 2026, based on TSMC CoWoS wafer allocations.
  • Nvidia leads AI silicon supply, with Broadcom (Google TPUs) and AMD also significantly increasing production.
  • There's a substantial lag between chip production and actual deployment due to liquid cooling issues and power capacity constraints.
  • Training and inference delays mean current models reflect compute from about 12 months ago, not the latest infrastructure.
  • Advanced models like Opus 4.5 and Gemini 3 show step-change improvements in software engineering and UI design, likely trained on older compute.
  • Future compute (100+ exaFLOPs in 2025, 220+ in 2026) has not yet completed training runs, suggesting even greater advancements ahead.
  • By 2030, global AI compute could reach zettascale levels, potentially accelerating AI capabilities dramatically.