AI Revenue Growth Cycle
The scale of revenue growth in the current AI cycle is exponentially greater than prior cycles.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
"GenAI is scaling 3x faster than prior IT waves – faster than the internet and mobile booms. In 2023, the AI economy needed 180 days to add $1 billion of cumulative revenue. Today it needs less than two days. That is a 90x acceleration in the speed of revenue generation."
"A central pillar of this outlook is the 'AI mega force,' which BlackRock notes is 'now delivering tangible revenues, allaying worries over outsized capital spending.'"
"Consumer discretionary stocks got a boost after Amazon.com chief executive officer Andy Jassy said artificial intelligence services at its cloud-computing unit are generating annualised revenue of more than US$15 billion."
"Mhatre said, 'The scale of revenue growth happening in this cycle is exponentially greater than prior cycles.'"