Mustafa Suleyman predicts generative AI will reach over $1 trillion in revenue by 2032, growing immensely from its $40 billion start. It's expected to transform every industry for the better.
Tech companies are struggling to prove the profitability of their AI investments, causing skepticism about the high returns amid the ongoing hype and massive capital expenditure.
Despite the AI boom driving high expectations of profits, companies like Google are finding it challenging to attribute financial impacts directly to AI, raising doubts about the actual returns on AI investments.
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