🧐 Wall Street is catching on.
“If you’re going to invest now and get returns in 10 to 15 years, that’s a venture investment, that’s not a public company investment,” Luria said. “For public companies, we expect to get return on investment in much shorter time frames. So that’s causing discomfort, because we’re not seeing the types of applications and revenue from applications that we would need to justify anywhere near these investments right now.”
https://www.cnn.com/2024/08/02/tech/wall-street-asks-big-tech-will-ai-ever-make-money