Gary Marcus: AI Revenue Isn't Fake, But Profits Can't Justify the Massive CapEx

GaryMarcus · x · 2026-08-13

Gary Marcus responds to the narrative that "all AI revenue is fake," clarifying that nobody is denying the actual top-line revenue generated by the AI sector.\n\nHe emphasizes that the real issue lies elsewhere: the current profit margins are nowhere near high enough to justify the massive capital expenditures (CapEx) tech giants are pouring into AI infrastructure.

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