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mastodon - Link to source

The Great AI Scam

Companies have invested billions into AI, 95% getting zero return

There has been over $30B in enterprise investments into generative AI

'5% of integrated AI pilots are extracting millions in value'

AI systems fail due to their inability to learn and think in ways humans can

newsnationnow.com/business/tec…


Companies have invested billions into AI, 95% getting zero return

Many companies are implementing tools like ChatGPT and Copilot, with over 80% having explored or piloted these technologies.
Zach Kaplan (NewsNation)
in reply to Gerry McGovern

friendica (DFRN) - Link to source

Nanook

@Gerry McGovern I know humans fear something that might be more intelligent than them but remember intelligent != sentient. A machine that is indifferent to humans is probably a lot safer than a psychopathic corporate leader bent on taking over the world.

That said, I've found Microsoft co-pilot to be very helpful. Honestly it's the only Microsoft product that has ever contributed to my workflow in a positive way.

in reply to Gerry McGovern

mastodon - Link to source

Toni Aittoniemi

None of it makes business sense. It’s too expensive for the things it can do, and it was sold for the things it can’t.

The only way it makes sense is a great surveillance data heist that suited a lot of authoritarian conservative people, plus just your regular scam artist get-rich-quick clique.

This entry was edited (2 days ago)

Gerry McGovern reshared this.

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mastodon - Link to source

Toni Aittoniemi

@androcat Now they’re stuck with stocks that won’t grow and companies that can’t exit or go public.

But the industry can’t blink, so Google acquires useless platforms that don’t make money and Anthropic considers buying it’s biggest customer Cursor. (Why in the hell would anyone do that)

Just for appearances. Nobody actually got rich. Frankly selling ”AI talent” seems like a better business model than making actual AI products! 😃

This entry was edited (2 days ago)
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