Joachim Klement says small on-device language models could make cloud AI unprofitable
AIInvestment strategist Joachim Klement argues that small language models running on local PCs and phones will replace large cloud models, making hyperscalers' data-centre spending unprofitable. He says the AI bubble will burst in 2027 or 2028 and that the S&P 500 could fall to about 5,000 by end-2027, from about 7,500.
Source details
AI Supremacy · Michael Spencer · ai-supremacy.comPublished · added here
Original title: What Happens when LLMs get Smaller and On-Device?