Goldman Sachs says the return on investment for AI might be disappointing.

Goldman Sachs says the return on investment for generative AI is disappointing. “AI’s fundamental story is unlikely to hold up” “AI will increase US productivity by only 0.5% and GDP growth by only 0.9% cumulatively over the next decade.”

💸💸 Goldman Sachs Says Return on Investment for AI May Be Disappointing - Business Insider ｢ The tech industry is also "too complacent in its assumption that AI costs will decline substantially over time," especially when that assumption seems to rely on competition dethroning Nvidia, which dominates the market with its AI chips, Covello said ｣ #AI#Hype#Bubble#Energy#ClimateChange

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Goldman Sachs says the return on investment for AI might be disappointing

Goldman Sachs says the return on investment for AI might be disappointing #hackernews#tech