<
https://theconversation.com/generative-ai-might-end-up-being-worthless-and-that-could-be-a-good-thing-266046>
"In the rush to cash in on the generative artificial intelligence gold rush,
one possible outcome of AI’s future rarely gets discussed: what if the
technology never works well enough to replace your co-workers, companies fail
to use AI well or most AI startups simply fail?
Current estimates suggest big AI firms face a US$800 billion dollar revenue
shortfall.
So far, genAI’s productivity gains are minimal and mostly for programmers and
copywriters. GenAI does some neat, helpful things, but it’s not yet the engine
of a new economy.
It’s not a bad future, but it’s different from the one currently driving news
headlines. And it’s a future that doesn’t fit the narrative AI firms want to
tell. Hype fuels new rounds of investment promising massive future profits.
Maybe genAI will turn out to be worthless, and maybe that’s fine."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
