AI faces $6 trillion test to justify data centers, Bain says
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By Saritha Rai, Bloomberg News
The global AI industry needs to earn $6 trillion in annual revenue by 2031 to justify the capital being deployed to build data centers around the world, Bain & Co. said.
Existing consumer and enterprise AI services may generate as much as $1.8 trillion of that sum, leaving $4.2 trillion in new revenue that needs to be created, the consulting firm said Tuesday in its annual global technology report. The shortfall likely will come from nascent segments ranging fr
The global AI industry needs to earn $6 trillion in annual revenue by 2031 to justify the capital being deployed to build data centers around the world, Bain & Co. said.
Existing consumer and enterprise AI services may generate as much as $1.8 trillion of that sum, leaving $4.2 trillion in new revenue that needs to be created, the consulting firm said Tuesday in its annual global technology report. The shortfall likely will come from nascent segments ranging fr
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