An anonymous reader shares a report: Costing tens of thousands of dollars each, Nvidia’s pioneering AI chips make up a hefty chunk of the $400 billion that Big Tech plans to invest this year — a bill expected to hit $3 trillion by 2029. But unlike 19th-century railroads, or the Dotcom boom’s fiber-optic cables, the GPUs fueling today’s AI mania are short-lived assets with a shelf life of perhaps five years.
As with your iPhone, this stuff tends to lose value and may need…

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