CoinWorld News: Torsten Slok, Chief Economist at Apollo Global Management Inc., stated that if companies outside the "Magnificent Seven" in the S&P 500 cannot improve their profit margins through AI spending, it will pose a risk to the high valuations of tech giants.

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OldBlackVelvetKey
· 7h ago
Slok's viewpoint is quite sharp, meaning that everyone is betting on AI now, but if they bet wrong, even tech giants will collapse.
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CliffsideAncientPineAndRolling
· 7h ago
So the valuation of the Magnificent Seven is based on the assumption that 'others can also make money with AI'? That logic is a bit convoluted.
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SlippagePoet
· 7h ago
The key is whether small and medium-sized enterprises can truly use AI to reduce costs and increase efficiency; otherwise, it's just a bubble narrative.
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DepegDaydream
· 7h ago
If AI investment fails to turn a profit, the high valuations of the Magnificent Seven are indeed precarious.
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