Whenever there is a lot of hype on any theme in the markets, I like to listen to contrary views. This evening, while running around the local Woolies and Dan Murphys, I listened to this podcast from Exchanges at Goldman Sachs.
"Tech giants and beyond are set to spend an estimated $1 trillion on AI capex in coming years. Will this investment pay off? And if it doesn’t, what does that mean for businesses and investors? MIT’s Daron Acemoglu and Goldman Sachs Research’s Jim Covello explain why reality may not match the hype on the latest episode of Goldman Exchanges, which explores the latest Top of Mind report, Gen AI: too much spend, too little benefit?"
Enjoy. Happy Weekend.