Part 2/8:
The conversation began with reflections on the current hype surrounding AI investments, particularly in data centers and hyperscalers like Oracle and OpenAI. Questions arose about the sustainability of these investments, especially given the massive capital expenditure (CAPEX) involved. Are these investments practical or just part of a competitive race? Or are they integral to a much larger, more consequential movement—the Fourth Industrial Revolution?
The speaker highlighted that many observe only the tip of the iceberg, missing the underlying dynamics fueling this change. The focus is often on the immediate financial metrics—spending and cash flows—forgetting that these are just the surface symptoms of far-reaching technological shifts.