By now you’ve no doubt heard the argument that AI is a bubble, and there’s no way Big Tech will make a significant profit from it, given the massive amounts of cash they’ve already piled in.
That take is just plain wrong—truth is, the tech giants are already booking profits from AI. And we closed-end fund (CEF) investors can grab our share at a discount—and at dividend rates running all the way up to 13%, too.
This next chart tells us straight-up why the “AI-is-unprofitable” theory is off the mark.
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