Futurum CEO Daniel Newman Drops Reality Check On AI's Trillion-Dollar Bet: 'We've Barely Scratched The Surface...'

Futurum Equities CEO Daniel Newman expressed his views on the return on investment for the largest infrastructure buildout in history. Newman took to X on Thursday to emphasize the importance of patience, stating that expecting massive returns in the initial two years is “idiotic”. He said the AI boom is still in its early stages, arguing that the most valuable applications of the technology have yet to emerge and that its full potential remains largely untapped. He urged a longer-term perspective, preferably a 5-year horizon, as more reasonable, particularly in relation to the development of artificial intelligence (AI). “We've barely scratched the surface of AI. The highest value use cases are in their infancy,” Newman wrote. data-variant="card" data-news-mode="manual" > Read Also: After Dell, TSMC CEO Issues Stark Warning On AI Capacity Constraints For 'Very Long Time,' Hints At Potential Price Hike— 'We Still Need To…' The Math Behind AI’s Big Bet Newman referenced a chart from a Financial Times article in May, wherein Joachim Klement , the managing director at Panmure Liberum suggested that AI companies are planning unprecedented ... Full story available on Benzinga.com