| ▲ | JP Morgan calls out AI spend, $650B annual revenue needed for 10% return(tomshardware.com) | |
| 6 points by randycupertino 17 hours ago | 1 comments | ||
| ▲ | randycupertino 17 hours ago | parent [-] | |
> A J.P. Morgan report suggests that the AI industry needs to make $650 billion in annual revenue to deliver a 10% return on investments that companies are expected to make through 2030. The report, shared by analyst Max Weinbach on X, equates this to an extra monthly recurring payment of $34.72 from every iPhone user or $180 from every Netflix subscriber. > Although this may sound attainable, you must consider that there are about 1.5 billion active iPhone users across the globe and more than 300 million paid Netflix subscribers. | ||