Illusion of Profit: Goldman Sachs Predicts $1T AI CAPEX with Zero Profit for S&P 500

A macroeconomic audit of the AI industry has revealed a colossal imbalance in capital distribution. On August 16, 2026, investment bank Goldman Sachs published a report forecasting global AI investments to reach $1 trillion (1.4% of global GDP) by 2028.

However, the technical details of the report sound like a death sentence: the AI boom is paying off only for infrastructure manufacturers (vendor revenue soared by 54% YoY). At the same time, the impact of neural networks on the net profit of S&P 500 corporations remains within the margin of statistical error. Only 2% of non-tech companies have been able to genuinely monetize algorithms. Hyperscalers are siphoning liquidity from the real sector, promising exponential productivity growth, but in practice, businesses are simply burning OPEX on buying APIs and subscriptions without a clear return on investment (ROI). The bubble is inflating on the side of the B2B end consumer.

Source: Goldman Sachs / ANI News