The world needs more decentralization.
The compute resources AI is trained with, the infrastructure AI runs on, and the revenue that AI generates has consolidated into a handful of big companies.
The reality is that the only real growth in the American economy is coming from the “Magnificent 7” - who are all capitalizing on AI.
The remaining 493 companies in the S&P 500 are, in aggregate, growing at less than the rate of inflation.