95% of Companies See ‘Zero Return’ on $30 Billion Generative AI Spend, MIT Report Finds
thedailyadda.com
Over the last three years, companies worldwide have invested between 30 and 40 billion dollars into generative artificial intelligence projects. Yet most of these efforts have brought no real business…
  • nousEnglish
    3·
    3 months ago

    When there is a gold rush, be the ones selling the pickaxes. If the companies behind the models could make a profit using their models then why would they be selling them so freely?

    • Phoenixz@lemmy.caEnglish
      1·
      3 months ago

      When there is a gold rush while the entire forest is on fire, please sell water pumps, and fire trucks… 30 billion dollars could have been spent on useful things to make the world better. It could have been spent on livable cities, cycling infrastructure, lowering the impact of climate change, or if not that, plain education and healthcare

  • Phoenixz@lemmy.caEnglish
    2·
    3 months ago

    30 billion dollars that could have been spent on education and improving healthcare or stopping climate change

    I’m so glad it was all spent on actively making the world a worse place.