For the past two years, tech giants have been investing record sums in generative AI, with projections that the economy will demand over a trillion dollars in this decade, surpassing historical endeavors like the Apollo missions or the interstate-highway system.
Concerns arise over the profitability of this AI investment as Microsoft reports high AI expenses and slowing growth in cloud and AI businesses, leading analysts from financial institutions to question the potential return on investment in generative AI.
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