CORE-DAILY-BRIEFING-AI-DEVELOPMENT The AGI Distraction: How We Traded Profit for a promise The AI industry will spend $1.5 trillion this year. OpenAI will lose $14 billion in 2026. 95% of enterprise AI pilots deliver zero ROI. None of that slowed the capital. Here's why AGI became the new 'path to profitability. By Adam Roe / 27 Mar 2026