“No Signs of AI Payoff Outside the Tech Sector | The Daily Spark”
> Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech.
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This was kinda obvious right at the start of the bubble.
It's too variable, unreliable, and nondeterministic to truly improve productivity.
Mass-automating mediocrity in both coding and media destroys value and doesn't create it.
Sabotaging education and knowledge work will, in the long term, cause serious economic harm, but in the present it's providing hot air for a bubble
That it seems to cause deskilling in tech and knowledge work is another ticking time bomb, but I think it'll take a few years for the true impact of that to hit the economy.
@baldur > AI may be a great calculator
It famously fails at tasks that a pocket calculator handles with absolutely no errors 🫠