Episode 4: Maeum AI Opens a New Era
Beyond the $2 trillion (roughly KRW 3,000 trillion) 'sinking grave.' Global AI infrastructure investment is expected to peak in 2025-2026 before entering a massive structural transition from 2027 onward.
The Great Shift in Global AI/Cloud Infrastructure Investment and the Rise of On-Device AI
Global AI infrastructure investment is expected to peak in 2025-2026, then enter a period of massive structural transition starting in 2027.
According to Goldman Sachs, cumulative capital expenditure (Capex) by hyperscalers from 2025 to 2027 will reach a staggering $1.15 trillion—but growth thereafter will slow sharply to single digits.
Three things lie at the heart of this shift.
First, the accelerating move by Big Tech toward their own in-house AI chips.
Second, the rising risk that massive data center investments become 'stranded assets.'
Third, a fundamental reassessment of cloud dependence.
These changes are creating an unprecedented opportunity for the on-device AI solutions that 'Maeum AI' is pursuing.
Global AI infrastructure investment is currently advancing at a furious pace.
Even Nvidia, long regarded as the key beneficiary of AI infrastructure investment, is now falling under a shadow.
Excessive investment in AI infrastructure could trigger the same 'stranded asset' risk seen in the collapse of the 1990s telecom bubble.
The market will undergo fundamental change beginning in 2027.
Whether AI demand persists thereafter, or whether Capex stalls due to supply constraints and efficiency gains, divides the outlook into optimistic, base-case, and conservative scenarios—but a 'structural transition' is an unavoidable reality.
This market transition offers a decisive opportunity to Maeum AI, whose philosophy is 'No Cloud, Only Device.'
2025-2026 is the "last flare" of AI infrastructure investment, and from 2027 the structural transition will begin. Big Tech's shift to its own chips and the stranded-asset risk of data centers will become unavoidable realities, and amid this turmoil, on-device AI solutions will rapidly emerge as the new alternative.
The old logic that "the cloud is cheap and convenient" will no longer hold after 2027. Instead, a harsh reality will arrive: "once you're locked into the cloud, your bargaining power drops to zero."