Part 11/13:
The world's leading tech giants are investing at scale, with billions allocated annually to AI infrastructure. Notably, Meta’s recent AI-specific capital expenditure surpasses what it spent on Reality Labs, yet its stock price soars. This divergence from past reactions is driven by the recognition that AI investments are now producing tangible financial benefits, unlike the speculative investments in metaverse projects before.
Moreover, AI's utility is evident across various sectors: search engines, recommendation systems, logistics, and even manufacturing. This widespread adoption ensures sustained demand and minimizes the risk of overcapacity.