AI Hype, High Costs, Productivity Concerns
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•Technology
Technology
'It's more likely they'll lose money': One strategist on why he's bearish on the AI trade
80% Informative
AI 's high costs and competition hinder monetization despite potential productivity gains.
Peter Berezin , chief global strategist at BCA Research , thinks not.
He sees Big Tech's billion-dollar checks as a defensive investment to maintain market share, not an offensive strategy to expand it.
Berezin says AI could mirror the progression of other industries that produce economically useful but low-margin businesses.
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