Microsoft Admits it was Wrong About AI" and it was created by The Infographics Show

For years, we were told AI would replace programmers, office workers, and eventually most white-collar jobs. But behind closed doors, the companies leading the AI revolution are running into a problem they never expected. AI is becoming too expensive to replace humans.
Microsoft has started pulling back internal AI tools, Uber exhausted its AI budget in just a few months, and even the biggest tech companies are struggling to justify the costs.

This video explores why Microsoft's AI strategy suddenly changed, how Uber's AI rollout spiraled into a budget disaster, and why "AI agents" are costing companies far more than they anticipated.
We examine token costs, inference expenses, Nvidia's role in the AI boom, GitHub Copilot, Claude Code, and why the economics of artificial intelligence may be very different from what CEOs promised. We also look at the hidden costs of AI automation, why replacing human workers isn't as simple as it sounds, and how the industry's biggest investment could be running into a fundamental economic wall.

Has the AI revolution hit its first major reality check, or is this just the beginning of a much larger shift in how businesses use artificial intelligence?

00:33 - The Reveal (Firing the Digital Worker)
03:51 - The Tokenmaxxing Trap
05:17 - The Agentic Scam
06:53 - The Inference Wall
09:05 - The Margin Collapse
10:54 - The Efficiency Paradox
12:07 - The Reckoning (The Human Victory)

Conclusion:
The dream of cheap, autonomous AI replacing humans has been defeated by basic economic math. Rather than being a total replacement, AI is evolving into an expensive tool that requires human oversight to justify its own costs.

https://youtu.be/towF0_V7oHw?is=8Rk6TZIKop3n1_G1

China stocks down almost 20% YTD. Uninvestible again? Depends which China you own. Four ETFs tracking the same country returned anywhere from +8.58% to -25.33% this year. Full breakdown: https://growthdragons.substack.com/p/china-stocks-down-almost-20-ytd-is

🇸🇬 A stock on SGX is up roughly 5x this year. Same AI wave as Nvidia and Micron. Most people barely noticed.

That stock is AEM Holdings. And it's not alone.

4 Singapore companies quietly enabling the global AI chip supply chain.

Read more: https://drwealth.com/singapores-very-own-ai-stocks-aem-ums-frencken-micro-mechanics/

Every Singaporean son remembers SAF phrases like:

"Never mind, you take your time."

Or the classic:

"You think, I thought, who confirm?"

Turns out, these lessons apply surprisingly well to investing too.

Don't FOMO into stocks without doing your homework. Don't assume dividends, growth, or valuations will always hold. And don't treat investing like a casual hobby if real money is involved.

Here are 5 SAF lingo that might just make you a better investor.
Happy SAF Day.

https://drwealth.com/5-saf-lingo-that-will-make-you-a-better-investor/

The STI has been holding up. But quietly, 14 blue-chip stocks are trading below their 200-day moving average. For traders, that's a red flag. For value investors, that's potentially a shopping list. Full breakdown: https://drwealth.com/14-sti-blue-chips-below-their-200-day-moving-average-rebound-or-down-from-here/

Most Singaporeans dream of owning more property.

But with high prices, ABSD and cooling measures, buying multiple properties locally is no longer easy.

This Singaporean took a different route — investing in US rental properties instead.

27 properties later, here’s what he and his wife learned:
https://drwealth.com/this-singaporean-invests-in-a-dozen-us-properties-heres-how-he-did-it/

AI stocks took a beating these past two days, many down more than 10%. Plenty of people are now calling the top of the AI bubble. Are they right this time? Read more: https://finbiteinsights.substack.com/p/has-the-ai-bubble-burst

What happened in China this week

1. The Caixin BBD New Economy Index climbed to 34.1 in June. In plain terms, new economy industries now make up 34.1% of China's total economic inputs.

2. UBTech jumped 18% in a single day after launching its UWORLD U1 series, humanoid robots so lifelike they're now being sold to consumers at scale.

3. Meituan's AI agent recommends and books for users directly inside its super app. It's also charging outside companies for access to its LongCat 2.0 model.

4. China biotech stocks surged this week. 3SBio is up over 19%, Innovent is up nearly 15%, and CSPC is up almost 17%. A policy shift is coming, and CSPC just landed another AstraZeneca deal.

5. Momenta, one of China's top autonomous driving software makers, just had its IPO oversubscribed 414 times.

For more insights, read on [Premium]: https://growthdragons.substack.com/p/growth-dragons-weekly-ubtechs-robot

Oil’s supply wave, tumbling prices rekindle fears of global glut https://bt.sg/tAbh

JPMorgan sees US$4,500 gold price in Q4, says risks to downside
https://www.businesstimes.com.sg/companies-markets/jpmorgan-sees-us4500-gold-price-q4-says-risks-downside

Gold heads for first weekly gain since May on easing Fed outlook
https://www.businesstimes.com.sg/companies-markets/gold-heads-first-weekly-gain-may-easing-fed-outlook

#FundFlow
A week of insider buying and company buybacks

While the index benchmarks consolidated, director and CEO activity notched higher over the five sessions through to the Jul 2 close. 

Over the five sessions, more than 120 director interests and substantial shareholdings were filed for around 50 primary-listed stocks. 

Directors or CEOs reported 32 acquisitions and 11 disposals, while substantial shareholders recorded 11 acquisitions and three disposals.

https://www.businesstimes.com.sg/companies-markets/week-insider-buying-and-company-buybacks

While You Were Sleeping: 5 stories you might have missed, July 6, 2026
https://www.straitstimes.com/world/while-you-were-sleeping-5-stories-you-might-have-missed-july-6-2026

https://vt.tiktok.com/ZSCnns2Jf/

Wall Street sees more upside in stocks for second half of 2026
https://finance.yahoo.com/markets/article/its-a-bull-market-wall-street-sees-more-upside-in-stocks-for-the-second-half-of-2026-120220657.html

Why reopening the Strait of Hormuz might be a problem for the oil market
https://finance.yahoo.com/markets/article/the-strait-of-hormuz-has-reopened--why-that-might-be-a-problem-for-the-oil-market-chart-of-the-day-145149603.html

Samsung likely to post 18-fold jump in profit on surging AI demand for memory
https://finance.yahoo.com/technology/ai/articles/samsung-likely-post-18-fold-230724454.html

If You'd Invested $10,000 in the SpaceX IPO, Here's How Much You Would Have Now
https://finance.yahoo.com/markets/stocks/articles/youd-invested-10-000-spacex-221500874.html

Five Energy Stocks Riding Texas's Data Center Power Boom
https://finance.yahoo.com/energy/articles/five-energy-stocks-riding-texass-210000847.html

The stock market is about to suffer a ‘snapback’ and will lose much of this year’s gains as ‘speculation is hitting extreme levels,’ BofA warns
https://finance.yahoo.com/markets/stocks/articles/stock-market-suffer-snapback-lose-194341951.html