Excess Returns · Tuesday, August 11, 2026
Dom Rizziolan argues that companies must invest in AI due to the structural capital intensity of this platform shift, emphasizing that the returns on this spending are proving to be extremely high. He highlights that this investment is not optional but a necessity for future strength.
“I actually think all these companies that are making the right decision by spending, when you have a platform shift like AI and it's structurally capital intensive, uh, you have no choice but to spend, but then two, I think the returns of spending are actually extremely high, as we've already seen demonstrated.”