""It's my view that there's no way you're going to get a return on that, because $8 trillion of capex means you need roughly $800 billion of profit just to pay for the interest," he said."
Right, THEY can't, but cloud providers potentially can. And there are probably other uses for everything not GPU/TPU for the Google's of the world. They are out way less than IBM which cannot monetize the space or build data centers efficiently like AWS and Google.
""It's my view that there's no way you're going to get a return on that, because $8 trillion of capex means you need roughly $800 billion of profit just to pay for the interest," he said."