Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed
a friend told me today that her boss required her to use AI for her job, an engineer's job, a job that can kill people. AI does not hold an engineering license, AI does not take depositions, sit in the courtrooms, or go to prison when people die, But her boss uses AI as their AI fueled investors are on the AI hypewagon.
