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11 Charts the AI Industry Doesn’t Want You to See

This is what the AI story looks like

3 min read1 day ago

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Over the years, I’ve shared many charts that illustrate how AI and the industry are evolving. But I’ve never put them together. This is the bigger picture that standalone news articles miss. When you see them at once, things start to make sense.

I’ve compiled 11 charts that I consider extremely important: the ones that reveal the ugly side of the story. A chart tells you what the industry wants you to see. Enough charts, and you start to see through the industry.

The format is: title, chart, one-liner explanation with source. In 5 minutes of reading time, you will understand more about where the AI industry is heading than from hundreds of pages of corporate reports.

1. TEN COMPANIES ARE CARRYING THE ECONOMY

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Source. The SP10 vs SP490 between 2021 and 2025. Only 10 companies — most of them involved in AI — have seen significant earnings growth for years. In real terms — inflation-adjusted — the non-AI market is shrinking.

2. THE CAPABILITIES OF AI HAVE BEEN EXAGGERATED

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Source. Blue is what AI could theoretically do work-wise. Red is what is actually doing right now. AI’s limitations show up as the gap between red and blue. Laboratory success doesn’t always transfer to the real world.

3. MOST TOKENS GENERATED BY AI ARE WASTED

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Alberto Romero

Written by Alberto Romero

AI & Tech | Weekly AI Newsletter: https://thealgorithmicbridge.substack.com/ | Contact: alber.romgar at gmail dot com