Summary:
- This article discusses the impact of artificial intelligence (AI) on the economy, particularly on capital expenditure (CAPEX) and investment.
- The author explains how AI is becoming increasingly powerful and is being used to automate many tasks, leading to a decline in CAPEX as companies invest less in physical assets.
- The article suggests that this shift towards AI-driven automation could have significant implications for the economy, as it may lead to job losses and changes in the way businesses operate.