It’s swallowed billions of dollars, but has AI lived up to the hype?
The ‘magnificent 7’—Microsoft, Apple, Tesla, Amazon, Meta, Alphabet & Nvidia—steered the AI-fuelled rally on Wall Street over the past year. But the initial hype is now giving way to uncomfortable questions. “What $1 trillion problem will AI solve?” an analyst recently asked. We have some answers.
citynews
3
The ‘magnificent 7’—Microsoft, Apple, Tesla, Amazon, Meta, Alphabet & Nvidia—steered the AI-fuelled rally on Wall Street over the past year. But the initial hype is now giving way to uncomfortable questions. “What $1 trillion problem will AI solve?” an analyst recently asked. We have some answers.
