- AI is expected to boost profit margins outside the tech sector, but no signs yet.
- Current AI company valuations rely on future earnings promises, tied to assumptions about S&P 493 margin growth.
- Debates on token costs and marketplaces matter; if costs near zero, revenue may not meet demand for hyperscalers.
- ROI runway varies: tech/software sees quick AI implementation, but many sectors face delays due to re-engineering and regulation.