this post was submitted on 02 Dec 2025
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IBM CEO says there is 'no way' spending on AI data centers will pay off (www.businessinsider.com)
submitted 2 months ago by rssbot@lemmy.bestiver.se to c/hackernews@lemmy.bestiver.se
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[–] Stimpy@lemmy.world 2 points 2 months ago (1 children)

I certainly don't want spending on AI data centers to pay off, but something about IBM CEO quotes got me thinking

“I think there is a world market for maybe five computers.” Thomas Watson, president of IBM, 1943

[–] Ava@piefed.blahaj.zone 1 points 2 months ago

I've seen this quote several times, and almost always accompanied by notes that there's not really any evidence he said this.

Also... In 1943 he was probably right, for the kinds of computers he'd have been talking about.