Eh total addressable market is such a meaningless figure anyway. Total addressable market is everyone who has a device that they can use AI from, multiplied by the average annual cost of using them. Plus every company that exists in the world, multiplied by how much the AI spend is for the average company. Plus every government in the world. Etc. Boom, 30 trillion. It’s like a super optimistic “this is the maximum that any AI company could ever earn per year if they controlled the whole market and everyone who could use AI is a paying customer”.
That 2 trillion valuation they seek is hella bogus either way. For 30 trillion actual revenue with any real profit margin, it would be low, but we all know they’re not bringing in trillions in revenue.
Eh total addressable market is such a meaningless figure anyway. Total addressable market is everyone who has a device that they can use AI from, multiplied by the average annual cost of using them. Plus every company that exists in the world, multiplied by how much the AI spend is for the average company. Plus every government in the world. Etc. Boom, 30 trillion. It’s like a super optimistic “this is the maximum that any AI company could ever earn per year if they controlled the whole market and everyone who could use AI is a paying customer”.
That 2 trillion valuation they seek is hella bogus either way. For 30 trillion actual revenue with any real profit margin, it would be low, but we all know they’re not bringing in trillions in revenue.