Ex-JPMorgan strategist flags AI bubble as MIT finds 95% no ROI
Ex-JPMorgan strategist Marko Kolanovic warned of an AI "bubble" after an MIT study showed 95% of enterprises using GenAI tools have seen zero returns, with only 5% reaching production at scale. OpenAI's Sam Altman and investors like Ray Dalio have also cautioned on overhype, even as AI remains widely viewed as the defining tech innovation of the era.