>Investing in AI infrastructure seems very risky to me. With how short of a lifecycle computing hardware generally has, does it make sense to blow billions on hardware that will need to be replaced in a few years?
That also depends on the budget. I work in the public sector, so there's usually no money, but now they've just discovered that they have a 25 million budget, which needs to be spend this year on hardware (for AI). If we do not spend the money within this year, the budget expires and then we cannot spend it at all
25 million is not billions, but that could still be a higher budget than any other public institution agency in the entire state here has
That also depends on the budget. I work in the public sector, so there's usually no money, but now they've just discovered that they have a 25 million budget, which needs to be spend this year on hardware (for AI). If we do not spend the money within this year, the budget expires and then we cannot spend it at all
25 million is not billions, but that could still be a higher budget than any other public institution agency in the entire state here has