In the history of the industrialised world, there have been many technological innovations that have transformed the way we collectively live our lives.
The steam locomotive and the radio are two of the many inventions that have changed history, but not all of them have been as profitable as one might think for their inventors.
In the age of the apparent rise of AI, this raises a key question for economies and financial markets: if AI is revolutionary, will it be as lucratively profitable as expected, or will it resemble other technological innovations that transformed our world but were far less profitable than anticipated?
