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AI economics – technological revolution or investment illusion?

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Electricity transformed the world, not simply because it existed, but because of what it made possible. That distinction may prove important as we think about Artificial Intelligence (AI). In 1882, Thomas Edison built the world’s first commercial power station at 255 Pearl Street in Lower Manhattan, New York. The incandescent light bulb was revolutionary. However, the real breakthrough was the system behind it: the generators, cables, meters, and distribution network.

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