🤖 进群聊算力动态
#Apollo says AI gains belong only to tech giants
Apollo published an analysis on Saturday.
The conclusion isn’t pleasant, but the data is compelling.
Take the Magnificent Seven out of the S&P 500, and 493 companies remain.
These companies have invested money but haven’t seen returns.
Revenue per employee has stayed flat at around $550,000 since 2019.
The Magnificent Seven are on a different trajectory.
Their average was $550,000 in 2022.
This year, it’s close to $800,000.
Profit margins have been rising since the third quarter of 2023.
The former are buying shovels; the latter are selling them.
Chief economist Torsten Slok put it plainly.
Mainstream businesses are pulling back and treating compute spending as a cost center.
They no longer see it as a source of growth.
That’s a judgment worth remembering.
When bosses count AI bills as costs, procurement gets cut.
It’s not the models that get cut, but the premium.
That’s the curve that justifies the market’s high valuations.
For crypto, money behind the AI narrative will become increasingly concentrated in a handful of accounts.
Projects such as on-chain computing need to show they have real paying users to raise funding.
Do you think the AI bubble will burst first or spread first? Let’s discuss in the comments.
#Apollo says AI gains belong only to tech giants
Apollo published an analysis on Saturday.
The conclusion isn’t pleasant, but the data is compelling.
Take the Magnificent Seven out of the S&P 500, and 493 companies remain.
These companies have invested money but haven’t seen returns.
Revenue per employee has stayed flat at around $550,000 since 2019.
The Magnificent Seven are on a different trajectory.
Their average was $550,000 in 2022.
This year, it’s close to $800,000.
Profit margins have been rising since the third quarter of 2023.
The former are buying shovels; the latter are selling them.
Chief economist Torsten Slok put it plainly.
Mainstream businesses are pulling back and treating compute spending as a cost center.
They no longer see it as a source of growth.
That’s a judgment worth remembering.
When bosses count AI bills as costs, procurement gets cut.
It’s not the models that get cut, but the premium.
That’s the curve that justifies the market’s high valuations.
For crypto, money behind the AI narrative will become increasingly concentrated in a handful of accounts.
Projects such as on-chain computing need to show they have real paying users to raise funding.
Do you think the AI bubble will burst first or spread first? Let’s discuss in the comments.
