any of y'all running short on your supply of really tortured sentences? no worries, I've got a supply drop
What will count, he says, is industrial revolution-style irreversible growth.
While AI is improving fast, it remains wildly flawed
Moreover, a recent Eye on the Market [PDF] report by Michael Cembalest, chairman of Market and Investment Strategy for JP Morgan Asset Management, questions whether the immense investments in AI and the infrastructure required to support it, already made or committed by the tech giants, will ever pay off
that paragraph doesn't punch very hard, but the (2024) pdf that it links to starts out with this as a bolded title line:
A severe case of COVIDIA: prognosis for an AI-driven US equity market
which, well, 1) immensely tortured sentence, 2) "aww poor baby, etc etc"
entertained by the rapid fire "hmm, shit, is all this worth it?" that's Ever So Suddenly boiling up everywhere. bet it's entirely unrelated to people working on quarterly portfolio reviews, tho