How long can the AI boom last?

<p>Companies are betting big on AI &ndash; and burning through cash to do it.</p> <p>They&rsquo;re pouring hundreds of billions of dollars into building data centres and developing new models &ndash; such as ChatGPT. And so far, these projects are yet to see a financial return.</p> <p>There is one clear winner: Nvidia &ndash; the company that makes the chips that power this tech.</p> <p>But how long can its customers keep spending before they have to either turn a profit or scale back?</p> <p>Today, Reuters journalist Stephen Nellis on how long this AI boom can last &ndash; and what a crash might look like.<br /><br /></p> <p>If you enjoy&nbsp;<em>7am</em>, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.<br /><br /></p> <p><strong>Socials:</strong><strong> </strong>Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a></p> <p><strong>Guest:</strong> Reuters journalist Stephen Nellis</p> <p><strong>Photo:&nbsp;</strong>AP Photo/Eric Risberg</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>