This Bloomberg Opinion column, published July 14, 2026, argues that as AI technology becomes cheaper and more broadly beneficial to society, the financial returns captured by its creators and investors are likely to narrow. The piece cites Morgan Stanley reporting that companies are seeing real and rising productivity benefits from AI, even as investors remain uncertain whether the underlying AI investments will ultimately pay off. It frames this as a tension between AI’s societal value and the profitability of those funding its development.
