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
64 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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[–] seejur@lemmy.world 0 points 5 hours ago (1 children)

Tech is basically trying to push up the stocks one hype idea after another. Social media bubble about to burst? AI! AI about to burst? Quantum! I'm sure that when people will start realizing quantum computing is another smokescreen, a new moronic idea will start to gain steam from all those LinkedIn "luminaries"

[–] FauxLiving@lemmy.world 4 points 4 hours ago (1 children)

Quantum computation is a lot like fusion.

We know how it works and we know that it would be highly beneficial to society but, getting it to work with reliability and at scale is hard and expensive.

Sure, things get over hyped because capitalism but that doesn't make the technology worthless... It just shows how our economic system rewards lies and misleading people for money.

[–] seejur@lemmy.world 1 points 2 hours ago (1 children)

It also can solve only a limited set of problems. People is under the impression that they can suddenly game at 10k full path ray tracing if they have a quantum cpu, while in reality for 99.9% of the problem is only as fast as normal cpus

[–] FauxLiving@lemmy.world 2 points 2 hours ago (1 children)

That doesn't make it worthless.

People are often wrong about technology, that's independent of the technology's usefulness. Quantum computation is incredibly useful for the applications that require it, things that are completely impossible to calculate with classical computers can be done using quantum algorithms.

This is true even if there are people on social media who think that it's a new graphics card.

[–] seejur@lemmy.world 1 points 1 hour ago

Absolutely, but its application is not as widespread as someone not into science might think. The only thing it might actually impact the average Joe is cryptography I think