95% of Companies See ‘Zero Return’ on $30 Billion Generative AI Spend, MIT Report Finds
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30-40 billion USD in total worldwide over three years seems very little compared to the massive expenditures by the AI companies to build the things?
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Yeah. No shit. wtf did they think was gonna generate returns? They wanna run ads in the middle if responses?
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For me that aren't good with scripting AI can actually fill a educational role.
Or at least point me in correct direction so I can complete the rest myself. -
Yeah. No shit. wtf did they think was gonna generate returns? They wanna run ads in the middle if responses?
I'm not sure they were expecting returns. Just afraid that if other companies had AI, they might lose business to them. Except of course a lot of people (or at least I) avoid anything with AI and mistrust its results.
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For me that aren't good with scripting AI can actually fill a educational role.
Or at least point me in correct direction so I can complete the rest myself.I feel like we could find ways and tools to help in that situation without stealing the entirety of human knowledge, boiling our planet, and spending a small nation's GDP. Like better code library discovery or a better mentor environment amongst coders.
I've also seen plenty of people get pointed in the exact wrong way to do things by leaning on generative AI and then have to spend even more time getting back on track.
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My experience with AI so far is that I have to waste more time fine tuning my prompt to get what I want and still end up with some obvious issues that I have to manually fix and the only way I would know about these issues is my prior experience which I will stop gaining if I start depending on AI too much, plus it creates unrealistic expectations from employers on execution time, it's the worst thing that has happened to the tech industry, I hate my career now and just want to switch to any boring but stable low paying job if I don't have to worry about going through months for a job hunt
Sounds like we all just wamt to retire as goat farmers. Just like before. The more things change....they say
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MANY companies aren’t profitable for several years. The one I work at wasn’t for 2 decades. It’s a long game.
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Such foresight.
Who said anything about foresight? This is entirely historical. Thanks for actually reading anything I've said.
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The link in the article to the MIT report doesn't directly link to any report. I wouldn't trust this article until the report is accessible and verifiable.
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What up my fellow poors in the Silents? Damn, did not expect that.
Dying means that their wealth drops to zero?
