AI Investment Linked to Lower Wages Despite Job Growth

The AI Spending Spree Comes With a Catch

Sam Palmisano says the AI boom is built on long-cycle bets in data centers, chips and energy, even as AI software changes at breakneck speed. If adoption slows or cheaper Chinese open-source models gain traction, Big Tech may have to rethink the spending plans behind today’s AI race. (Source: Bloomberg)