AIBearishFortune Crypto · 4h ago7/10
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‘At some point you’ve got to make money’: Goldman’s top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs
Goldman Sachs AI skeptic Jim Covello raises concerns about the profitability timeline for major AI companies ahead of potential OpenAI and Anthropic IPOs, questioning when venture-backed AI firms will transition from massive spending to generating returns. His skepticism reflects broader Wall Street debate over whether AI's astronomical valuations are justified by near-term revenue prospects.
🏢 OpenAI🏢 Anthropic