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Literally revenue is collapsing in most sectors. Technology purchasing is declining. Service models are failing to turn a reasonable ROI.

People stopped buying shit.

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It's consolidating into fewer, higher value assets. Over 40% of the S&P500 is in companies that are heavily (potentially over) invested in AI.
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tech companies have grown disproportionately to other industries, but that says nothing about the growth in other industries

- S&P has a Q1 2026 blended revenue growth of 11.3% according to FactSet - most sectors are growing, not just tech

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