HomeArtificial IntelligenceWill AI be a bust? A Wall Street skeptic rings the alarm

Will AI be a bust? A Wall Street skeptic rings the alarm

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Jim Covello, the head of stock research at Goldman Sachs, has become Wall Street’s leading AI skeptic. Three months ago, he jolted markets with a research paper that challenged whether businesses would see a sufficient return on what by some estimates could be $1 trillion in AI spending in the coming years.

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