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 |
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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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