According to @DowdEdward on X, university studies indicate corporate AI pilots are yielding no return, so traders should treat current and upcoming layoffs attributed to AI with suspicion (source: @DowdEdward on X). According to @DowdEdward on X, this caution means durable cost savings and productivity gains should not be priced in until companies disclose verifiable AI ROI in earnings and KPI metrics (source: @DowdEdward on X). Based on @DowdEdward's post on X, the narrative risk matters for positioning in AI-exposed equities and AI-themed crypto tokens where sentiment depends on real enterprise adoption (source: @DowdEdward on X). According to @DowdEdward on X, monitor earnings guidance, margin trajectories, and AI-related capex disclosures to validate or challenge management claims before taking directional bets (source: @DowdEdward on X).