How Much Has The World Spent on AI?... So Far

To learn for free on Brilliant, go to http://www.brilliant.org/howmoneyworks. Brilliant’s also given our viewers 20% off an annual Premium subscription, which gives you unlimited daily access to everything on Brilliant. ----- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://www.howmoneyworkslibrary.com/ Listen on Spotify - https://open.spotify.com/show/5gi1JobDJC3QqaF4aKfenR?si=f3IsgWIlSKObF8BT1Fitig ----- My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ [email protected] Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #ai #money #economy ----- Late last week, Sam Altman said the quiet part out loud when he suggested that AI and the industries surrounding it… might be in a bit of a bubble. This simultaneously shocked absolutely everyone AND absolutely nobody at the same time. The value of the ENTIRE stock market has nearly doubled over the last 5 years. This has been driven almost entirely by just ten companies whose growth was in turn driven almost entirely by the promise of AI. Most people understand that this isn’t sustainable, but they also understand that technology like this has changed the world before. Improvements are slowing down as new models are showing disappointing improvements, but every day we are discovering new things we can do with these products. For every argument there is a counter argument. You don’t need to watch another video speculating about the future of AI because the truth is nobody has a damn clue, BUT, what we CAN do is look back over these last three years and find out how much this whole game has cost us… because the numbers are… not good…