Apollo data shows the Magnificent Seven widening their revenue-per-employee lead over the S&P 493 between 2019 and 2026, highlighting the growing productivity gap between Big Tech and the broader market.
The AI revolution has achieved its first miracle: turning everyone else’s operating budget into Big Tech revenue. Corporate America gets an expensive chatbot, executives get a slide deck about ‘transformation,’ and Nvidia gets actual money. Turns out the only reliably productive AI workflow is billing the customer.
I think it’s simpler than that. I think the AI snake oil sales people realized that corporate executives want to give themselves bonuses. And if you propose this magical technology, that’s going to change everything, they can pretend for several years but it’s actually going to change everything, and pay themselves a lot of money in the meantime.
It’s greedy people relying on other greedy people so that some of them can get richer.
The AI revolution has achieved its first miracle: turning everyone else’s operating budget into Big Tech revenue. Corporate America gets an expensive chatbot, executives get a slide deck about ‘transformation,’ and Nvidia gets actual money. Turns out the only reliably productive AI workflow is billing the customer.
I think it’s simpler than that. I think the AI snake oil sales people realized that corporate executives want to give themselves bonuses. And if you propose this magical technology, that’s going to change everything, they can pretend for several years but it’s actually going to change everything, and pay themselves a lot of money in the meantime.
It’s greedy people relying on other greedy people so that some of them can get richer.