The AI ROI debate returns with a $3 trillion price tag attached

TechCrunch·medium signal

TechCrunch revisits the return-on-investment question for AI capex, noting that both the numbers and the downside consequences have grown since the last cycle of skepticism. The piece is worth reading against the IPO story published the same day — the same infrastructure spend is simultaneously the bull case for three listings and the bear case for the sector.