JP Morgan calls out AI spend, $650B annual revenue needed for 10% return
4 points
2 hours ago
| 1 comment
| tomshardware.com
| HN
randycupertino
2 hours ago
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> A J.P. Morgan report suggests that the AI industry needs to make $650 billion in annual revenue to deliver a 10% return on investments that companies are expected to make through 2030. The report, shared by analyst Max Weinbach on X, equates this to an extra monthly recurring payment of $34.72 from every iPhone user or $180 from every Netflix subscriber.

> Although this may sound attainable, you must consider that there are about 1.5 billion active iPhone users across the globe and more than 300 million paid Netflix subscribers.

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