Top Economist Finds That AI Has Provided “Zero Financial Payoff” to Companies Outside Tech

Photo: A hand holding a fake burning $100 bill. Photo credit: Chris via Pixabay. Article by Victor Tangermann. Futurism – October 26, 2026.

Over the weekend, SpaceX CEO Elon Musk issued a stark warning: investing in AI cloud computing companies is ill-advised and could result in “guppy-level death and consolidation.” Analysts have been raising concerns that leading hyperscaler CoreWeave could soon collapse under its own weight, pointing out that it’s taken on over $50 billion in debt, while burning through cash at an alarming rate. […]

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