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AI Lagging Tech: Low ROI, Ford Hires, Ricoh Triples Output

7/7/2026

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Story summary
  • Torsten Slok warned AI gains lag tech, risking market repricing as Magnificent Seven margins rose to 25% while S&P 493 stayed near 10%.
  • MIT found only 5% of firms achieved ROI from AI pilots, BCG 2026 reported 42% saved eight hours, but half failed to use time.
  • Ford hired 350 to train staff and reprogram AI, and Ricoh spent $500,000 and $200,000 AI fees, tripling output as staff fell to 39.