Most of the profits from AI are priced in the future. Most people who have made money so far either profited from changes in equity prices or been paid to work at companies that have yet to make a profit from AI.
Since the future growth rate is assumed to be high by companies and investors, their focus is not on current profitability.
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Most of the profits from AI are priced in the future. Most people who have made money so far either profited from changes in equity prices or been paid to work at companies that have yet to make a profit from AI.
Since the future growth rate is assumed to be high by companies and investors, their focus is not on current profitability.