The research firm Gartner forecasts worldwide AI spending will reach nearly $1.5 trillion in 2025 and surpass $2 trillion in 2026, fueled by integration into smartphones, PCs, and enterprise infrastructure.
Elon Musk and other AI leaders continue to insist that artificial general intelligence (AGI)—an AI that can think and learn like a human, across many tasks—is on the horizon.
But on the ground, the temperature is dropping, and it’s starting to feel like sweater weather. Among customers and in financial markets, skepticism is rising as some question whether the massive investment in AI will ever be justified by revenues.
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