Going from one trillion to three trillion is a story, but to climb further to a market capitalization of six trillion US dollars (doubling again), it still requires that end-market users benefit, rather than it being simply a capital expenditure game for those selling shovels.
Currently, among the companies tracked by the $Russell 2000 ETF - iShares (IWM)$, there are no direct beneficiaries of AI whose profits have increased. According to the linear extrapolation of the most recent quarter to t...