Dolen: Tech industry value proposition has shifted from software back to hardware
Dallas Dolen · PwC’s Dallas Dolen: AI Hardware’s Advantage, TokenMaxxing, Automation’s Impact · May 15, 2026 · at 2:52
Dallas Dolen, PwC's TMT leader, discusses the shifting economics and unit margins across the technology value chain during the AI infrastructure buildout.
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“You had a significant shift in the value proposition. Where was the value coming from? It went from software back to hardware.”
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