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Microsoft CEO Admits That AI Is Generating Basically No Value (ca.finance.yahoo.com)

submitted 1 week ago by [email protected] to c/[email protected]

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"The real benchmark is: the world growing at 10 percent," he added. "Suddenly productivity goes up and the economy is growing at a faster rate. When that happens, we'll be fine as an industry."

Needless to say, we haven't seen anything like that yet. OpenAI's top AI agent — the tech that people like OpenAI CEO Sam Altman say is poised to upend the economy — still moves at a snail's pace and requires constant supervision.

(page 3) 28 comments

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[–] [email protected] 3 points 1 week ago

Joseph Weizenbaum: "No shit? For realsies?"

[–] [email protected] 3 points 1 week ago

I knew

[–] [email protected] 0 points 1 week ago (3 children)

For a lot of years, computers added no measurable productivity improvements. They sure revolutionized the way things work in all segments of society for something that doesn’t increase productivity.

AI is an inflating bubble: excessive spending, unclear use case. But it won’t take long for the pop, clearing out the failures and making successful use cases clearer, the winning approaches to emerge. This is basically the definition of capitalism

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