IT Capex Now Accounts for More Than a Third of S&P 500 Capex Spending

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	IT Capex Now Accounts for More Than a Third of S&P 500 Capex Spending (apollo.com)
	1 points by akyuu 24 days ago

1 comments

AI will have to be transformative --- as in eliminate a whole lot of jobs.

Otherwise, the economic fallout from this much wasteful/speculative spending will be equally epic.