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
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"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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[–] andros_rex@lemmy.world 8 points 6 hours ago* (last edited 6 hours ago)

Because there’s already been multiple AI bubbles (eg, ELIZA - I had a lot of conversations with FREUD running on an Apple IIe). It’s also been falsely presented as basically “AGI.”

AI models trained to help doctors recognize cancer cells - great, awesome.

AI models used as the default research tool for every subject - very very very bad. It’s also so forced - and because it’s forced, I routinely see that it has generated absolute, misleading, horseshit in response to my research queries. But your average Joe will take that on faith, your high schooler will grow up thinking that Columbus discovered Colombia or something.