AI Dark Output: The Visible Cost of Invisible Output

With visible costs and revenue, but invisible output critics can dismiss AI as a bubble and not adapt.

This captured AI will only exist where companies have genuine market power, and can protect prices in the face of declining costs of production.

And yet, despite the dot com boom and bust the Magnificent 7 now have a market cap 1.8x that of Europe. A similar issue is arising with AI where the macroeconomic data is not yet equipped to capture the value produced by AI