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Are the AI Boom’s Benefits a Big Tech Monopoly? This 1 Troubling Statistic Says Yes
Key takeaways
- Are the AI Boom’s Benefits a Big Tech Monopoly?
- Magnificent Seven profit margins are expanding while the other 493 S&P 500 firms see none, suggesting AI spending isn t converting to broader profitability.
- It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started.
Are the AI Boom’s Benefits a Big Tech Monopoly? This 1 Troubling Statistic Says Yes Summit Art Creations / Shutterstock.com Rich Duprey Wed, June 10, 2026 at 8:06 PM GMT+7 5 min read ^RUT ^GSPC Quick Read Apollo s Torsten Slok finds Magnificent Seven revenue per employee surged 20% to $270,000 since 2023, while Russell 2000 firms dropped 14% to $122,000.
Magnificent Seven profit margins are expanding while the other 493 S&P 500 firms see none, suggesting AI spending isn t converting to broader profitability.
It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)
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