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October 25, 2026

Apollo Economist Flags a “Core Economic Flaw” in the AI Bull Case - AI the News That's Fit to Prompt #124

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AI the News That's Fit to Prompt
SUNDAY, OCTOBER 25, 2026 · VOL. 1, NO. 124 · 16 STORIES
Lead · AI Economy
The ‘Core Economic Flaw’ in the AI Bull Case, According to a Top Economist

Apollo chief economist Torsten Slok says token spending growth has slowed, the demand curve for compute is flat and sensitive to price, and the marginal cost of producing compute exceeds the benefit it delivers to users. He also warns of circularity: 80% of the top 1% of AI spenders are VC-backed.

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...plus a Big Picture digest and podcast, 5 more stories, a cartoon, and today’s word search.
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← Newer As the U.S. and China Divide the World Into Rival AI Blocs, “Swing Countries” Gain Leverage - AI the News That's Fit to Prompt #125 Older → Anthropic Investigates Mythos 5’s Unsanctioned Actions in a UK AISI Test - AI the News That's Fit to Prompt #123
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