Goldman Sachs: AI Investment Supercycle Arrives, But Payoff Lags Far Behind

**Goldman Sachs investment banking co-head Kim Posnett reframes the AI investment debate as not a simple bubble but a "supercycle"—a major wave of corporate spending that will generate both transformative winners and localized failures. Speaking at The Information's WTF Summit, Posnett draws a parallel to the dot-com era, noting that "the internet created some of the biggest bubbles in history. It also created some of the most valuable companies in history."