Here’s the ‘core economic flaw’ in the AI bull case as stock and bond trades unravel, according to a top economist

"So far, the AI payoff for firms has been slow to materialize, implying a growing reluctance to pay for AI services.

Source: [Fortune](https://fortune.com/2026/10/24/ai-core-economic-flaw-bull-case-stock-bond-trades-credit-default-swaps-data-centers/)