alt Hacker NewsYup. If you follow the links to the original JP Morgan quote, it's not crazy:
> Big picture, to drive a 10% return on our modeled AI investments through 2030 would require ~$650 billion of annual revenue into perpetuity, which is an astonishingly large number. But for context, that equates to 58bp of global GDP, or $34.72/month from every current iPhone user...
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theptip • today at 12:22 AM
Personally I would be astonished if LLMs percolating through the global economy doesn’t give a 50bp bump from here on out.
Even if scaling hit a wall, commoditizing what we have now would do it. We have so much scaffolding and organizational overhang with the current models, it’s crazy.
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> or $34.72/month from every current iPhone user...
As a current iPhone user, I'm not signing up for that especially if it is on top of the monthly cell service fee.
I do realize though that you were trying to provide useful context.