A DeepMind exec finally said what the trillion-dollar AI spend is for: machines that improve themselves.

DeepMind's chief strategy officer, Jasjeet Sekhon, stated that the massive AI investments aim to develop recursive self-improving machines that can enhance themselves without human input. Despite current AI revenues not covering these costs, companies like Alphabet are heavily investing, viewing this as a long-term bet akin to historic large-scale projects. However, risks remain as this technology is still experimental and may not yield expected returns soon.