Industrial Strength

Metal Benders With Software Side Hustle Skirt AI Selloff

Even an AI-charged world is still going to need the physical one.
A robotic arm assembles printed circuit boardsPhotographer: Justin Merriman/Bloomberg
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Try as they might, industrial manufacturers have largely failed to convince investors to treat them like software companies — however many billions they funneled toward the cause. That may actually turn out to be something of a blessing.