I think you could say the same thing of tech and the economy prior to AI.
No Signs of Tech Payoff Outside the Tech Sector. Manufacturing, basic science, education, etc languished while Big Tech reaped record profits and achieved stock heights for the last 15 years.
Manufacturing does not benefit from robots and modern machines? Sciene does not benefit from computers?
I don't follow.
You do realize that the rest of spx also continuously achieved aths for the last $X years
It's almost like Big Tech is a net drain on everyone.
Let's not forget tech was in a major slowdown announcing layoffs left and right before AI picked up