The Unseen Hand: How the AI Boom's Profit Paradox Threatens the Entire Industry The AI boom has been hailed as a revolutionary force, driving innovation and growth across various sectors.
However, beneath the surface lies a peculiar phenomenon that could have far reaching consequences for the industry's stability.
According to Apollo Chief Economist Torsten Slok, companies at the forefront of AI development – those creating models and applications – operate with staggering losses.