What @pluralistic has been saying for months: Big Tech monopolies bring "earnings so gigantic they’ll be hard to grow big from here".

Now they are betting big on AI to keep the mirage of hyper growth, but "the companies making money from AI are the ones selling the tools … and their customers are having a hard time monetizing that equipment". https://fortune.com/2026/03/19/rob-arnott-stock-market-outlook-magnificant-7/

‘Say thank you and get out’: Why one top strategist says to dump Magnificent 7 stocks now

Rob Arnott of Research Affiliates warns that AI hype has stretched growth stock valuations to a breaking point—and the next decade will look nothing like the last.

Fortune
The AI Industry Is Lying To You

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