Part 3/14:
He explained that increasing compute capacity allows for more tokens to be generated and served—fundamentally boosting user engagement and monetization in chat services like ChatGPT. Unlike the industrial revolution, where energy or machinery were constraining factors, AI compute acts more like a “rubberneck”—a force multiplier capable of enhancing every facet of the economy, from supply chains to new industries.
The Economic Ripple Effects of AI
Ross foresees enormous macroeconomic changes driven by AI: