The AI revolution has achieved something truly unprecedented: billions in spending, endless executive keynotes, and no measurable payoff for most businesses. Apparently the killer app was convincing CEOs to transfer their budgets to seven tech companies: »Revenue per worker is rising for the Mag 7 but is flat for the S&P 493.«
The AI revolution has achieved something truly unprecedented: billions in spending, endless executive keynotes, and no measurable payoff for most businesses. Apparently the killer app was convincing CEOs to transfer their budgets to seven tech companies: »Revenue per worker is rising for the Mag 7 but is flat for the S&P 493.«
ai has also made some people way more productive and automated some really valuable things
the entire industry hasn’t quite been one-guyed as yet. the numbers definitely don’t match the epic valuations however