6 hours ago

CZ: Most AI Companies Will Go Bust Despite Exponential Growth

TLDR: CZ warns that despite AI’s exponential growth, most AI companies will eventually go bust due to oversaturation. FT data shows Microsoft, Google, Meta, and Oracle all posting negative AI ROI under best-case assumptions. Analyst Yoshik compares today’s AI spending cycle directly to the dot-com era, where most companies failed. Hyperscalers are spending trillions on [...]

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Source: Blockonomi →