Jensen Huang, CEO of NVIDIA, explains that computers have fundamentally transformed from 'warehouses' (storage systems) to 'factories' (intelligence generation units), creating a 100x economic shift where computation becomes a scalable commodity that generates revenue, similar to how iPhones are segmented into free, premium, and middle-tier products, with the percentage of GDP dedicated to computation expected to increase dramatically as society discovers new drugs, products, and services through enhanced productivity.
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NVIDIA CEO: Why Computers are Now "Factories" (The 100x Economy Shift) 🏭💰 #aiinsightAdded:
Warehouses don't make much money.
Factories directly correlates with a company's revenues.
The second idea is computers because it was a storage system.
It was largely a warehouse.
We're now building factories.
Warehouses don't make much money.
Factories directly correlates with a company's revenues.
And so the computer did two things. Not only did it change the way it did it, its purpose in the world changed.
It's no longer a computer. It's a factory.
It's a factory is used for generation of revenues.
We now seen not only is this factory generating products, commodities that people want to consume, we're seeing that the commodities are so interesting, so valuable, so to so many different audiences that the tokens are starting to segment like iPhones.
You have a free tokens.
You have premium tokens, and you have several tokens in the middle.
Yeah.
>> And so intelligence, as it turns out, you know, it's a scalable product.
There's extremely high intelligence products, tokens that you could that are used for specialized things. People be willing to pay, you know, the idea that somebody's willing to pay a thousand dollars per million tokens is just around the corner. It's not if, it's only when.
And so so now we're seeing that the commodity that this factory makes is actually valuable and is revenue generating and profit generating.
How Now the question is, how many of these factories can does the world need?
How much how many tokens does the world need?
And um how much is society willing to pay for these tokens?
And what would happen to the world's economy if the productivity were to improve so substantially?
What would happen? Are we Are we going to discover new drugs, new products, new services?
And so, when you take these things in combination, I am absolutely certain that the world's GDP is going to accelerate in growth.
I'm absolutely certain the percentage of that GDP that will be used for computation will be a hundred times more than the past because [clears throat] it's no longer a storage unit, it's a product generation unit.
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