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AI isn't showing up in S&P 500 company earnings as a line item. proof: https://aiearnings.dev https://aiearnings.dev given the stakes, we'd better hope it sta
by epsteingpt 22d ago
AI isn't showing up in S&P 500 company earnings as a line item.
proof: https://aiearnings.dev https://aiearnings.dev
given the stakes, we'd better hope it starts showing up soon.
- marcosdumay 22d agoIf I'm reading that correctly, then 59% of them claim to plan to use AI, 11% of them claim to use AI and 0 of the AI buyers (absolute number) claim that AI pays for its costs. Is it really that? AI is still heavily subsidized.
- epsteingpt 21d agoCorrect - it could be evolving. Apollo (credit) notes that AI isn't showing up in the bottom line of any companies besides the ones making it right now. This isn't concerning for such a new technology, but if the trend continues it would be fatal. Imagine how many businesses benefitted from the railroads at first - almost none because no one had freight to ship. Same kind of thing - the connective tissue is taking time. But the catastrophic adoption of the technology could be what leads to its downfall.