this post was submitted on 26 Feb 2025
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Microsoft CEO Admits That AI Is Generating Basically No Value (ca.finance.yahoo.com)
submitted 14 hours ago by jeena@piefed.jeena.net to c/technology@lemmy.world
68 comments fedilink hide all child comments
 

"The real benchmark is: the world growing at 10 percent," he added. "Suddenly productivity goes up and the economy is growing at a faster rate. When that happens, we'll be fine as an industry."

Needless to say, we haven't seen anything like that yet. OpenAI's top AI agent — the tech that people like OpenAI CEO Sam Altman say is poised to upend the economy — still moves at a snail's pace and requires constant supervision.

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[–] dustyData@lemmy.world 4 points 10 hours ago

AI is just what we call automation until marketing figures out a new way to sell the tech. LLMs are generative AI, hardly useful or valuable, but new and shiny and has a party trick that tickles the human brain in a way that makes people give their money to others. Machine learning and other forms of AI have been around for longer and most have value generating applications but aren't as fun to demonstrate so they never got the traction LLMs have gathered.