«As Torsten Slok at Apollo Capital has pointed out, despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. “The bottom line is that the AI story will be decided in the S&P 493, not the Mag 7, and so far, there is no evidence that revenue growth or margins are improving outside the tech sector.”»https://thenextrecession.wordpress.com/2026/10/29/asian-ai-bubble-bursts/#china #ai #llm #us #openai #anthropic #economy #finance #tech
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