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Still, given the level of spending on AI, it still needs a viable business model beyond subscriptions, which won’t be able to drive profits from billions of people’s eyeballs like the ad-driven businesses that have defined the last 20 years of the internet. Even the largest tech companies know they need to ship the world-changing agents they keep hyping: AI that can fully replace coworkers and complete tasks in the real world.
For now, investors are mostly buying into the hype of the powerful AI…
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