Investors were confronted this past week with four difficult realities that may fundamentally change the way they think about AI the business vs. AI the technology:
- 💰 AI is too expensive , say CEOs and even Microsoft itself.
- 🗑️ It's not paying off nearly as much as companies expected, per a new Bain study .
- ⛅️ Infrastructure demand is strong — but not as strong as the most optimistic wanted, as Broadcom showed with its " weak " forecast.
- 🏦 Financing that infrastructure is going to be more expensive for longer, with signs pointing to the Fed raising , not lowering, interest rates.
