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AI: The Next Utility Bill Awaits

  • Writer: Sarah Ruivivar
    Sarah Ruivivar
  • 4 days ago
  • 2 min read

Get ready to add AI to your list of monthly bills!


Sam Altman, the visionary CEO of OpenAI, predicts a future where artificial intelligence will be as essential—and as metered—as electricity and water.


Speaking at the BlackRock Infrastructure Summit, Altman shared his vision of AI being sold on demand, with companies like OpenAI leading the charge.


Imagine a world where AI is delivered to you like a utility, billed by usage. Altman envisions AI tokens, units of processing power, becoming the new currency for accessing intelligence. But, as with all things in life, there's a catch: compute capacity. This is the processing power needed to run AI models, and it's becoming a hot commodity.


Want to hear more? Join Mal & Matt on the Property AI Report Podcast each week!

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Major tech companies are in a race, spending billions to expand their compute capacity to meet the skyrocketing demand for AI. AMD CEO Lisa Su has already warned that the world will need a staggering 10 yottaflops of compute over the next five years. That's a lot of zeros!


But here's the rub: AI data centres are power-hungry beasts, gobbling up electricity like small cities. This could strain power grids and lead to fierce competition for resources. Even job candidates are now asking about AI compute budgets alongside salaries!


Altman dreams of a future where AI isn't limited by capacity constraints. But until then, it looks like we'll be paying for our AI smarts one token at a time.


Want to hear more? Join Mal & Matt on the Property AI Report Podcast each week!

Access from your preferred podcast provider by clicking here



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