A J.P. Morgan report suggests that the AI industry needs to make $650 billion in annual revenue to deliver a 10% return on investments that companies are expected to make through 2030. The report, shared by analyst Max Weinbach on data-analytics-id=”inline-link” href=”https://x.com/mweinbach/status/1987912908567916693″ data-url=”https://x.com/mweinbach/status/1987912908567916693″ target=”_blank” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none” data-mrf-recirculation=”inline-link”>X, equates this to an extra monthly recurring payment of $34.72 from every iPhone user or $180 from every Netflix subscriber.
Although this may sound attainable, you must consider that there are about 1.5 billion active iPhone users across the globe and more than 300 million…
