Part 5/11:
The Exponential Growth of AI and Computation
Elon Musk highlighted the astonishing pace of AI development, revealing that AI computing power appears to be increasing by a factor of ten every six months. This exponential growth surpasses any technological advance he’s seen before. Notably, Nvidia's neural net chips have been instrumental in this surge, leading to market cap figures rivaling or exceeding entire national GDPs—such as Canada’s.
He characterized the current "chip rush" as bigger than any gold rush, emphasizing the unprecedented scale and speed of AI hardware development. Musk pinpointed upcoming bottlenecks, predicting shortages in voltage transformers and, ultimately, electricity itself as the demand for AI computation and related infrastructure accelerates.