Transcript · English → Chinese
English → Chinese transcript
我认为英伟达被低估了。
有什么依据？
因为未来要大得多。
英伟达只是一个例子，好吗？
所以我说，好吧，我们就接受
最负面的批评者的观点。
那仅仅是5%的变化，95%保持不变，
但那意味着什么，你知道的，
需要多少ASI（超人工智能）投资来实 现？
好吧，比人类聪明一万倍。
需要多少？我预测它将需要
400吉瓦的AI数据中心功率，400吉瓦。
那比美国的全部用电还要多。
累计资本开支为9万亿美元，9万亿美 元。
你如何收回投资？
我说这仍然是非常合理的资本开支。
9万亿美元并不算太大，也许还太小。
我说，累计9万亿美元算什么？
但是如果十年后的GDP的5%
被ASI（超人工智能）取代，数字是多少 ？
全球GDP的5%是9万亿美元，也就是每 年9万亿美元。
如果ASI每年为你创造9万亿美元，
累计投资9万亿美元，算是小钱。
好吧。
小钱，你一年就能回本，
就针对总累计投资来说，
也就是说9万亿美元的资本支出，
可以在一年内折旧，作为当年收入的 抵扣，
也就是说大概50%的利润，50%的利润。
每年将有4万亿美元的净利润。
这4万亿美元净利润由新GAFA分食，
四家公司每家将拿到1万亿美元的利 润。
你想成为其中之一吗？
End of transcript · 274 words · machine translated
Original transcript (English)
I think NVIDIA is undervalued. On what basis? Because the future is much bigger. NVIDIA is just one example, okay? So I said, okay, let's accept
the most negative critics' view. That is only 5% change, 95% unchanged, but what is that, you know, ASI investment required to take? Okay, 10,000 smarter than mankind.
How many, I have predicted it will take 400 gigawatts of AI data center's power, 400 gigawatts. That's bigger than total U.S. electricity. The cumulative capex, $9 trillion, $9 trillion. How do you recoup?
I say it's still very reasonable capex. $9 trillion is not too big, maybe too small. I say, what is $9 trillion cumulative? But if the 5% of GDP in 10 years from today replaced by ASI, what is the number?
5% of global GDP is $9 trillion, $9 trillion per year. If the ASI produce you $9 trillion per year, cumulative investment of $9 trillion, small money. All right. Small money, you recoup in one year
for the total cumulative, so that means $9 trillion capex investment you can depreciate, one year revenue, that means like 50% profit, 50% profit. It is going to be $4 trillion net income per year.
$4 trillion net income shared by new GAFA, four companies will take $1 trillion profit. And you want to be one of them?
