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  3. Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech.

Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech.

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  • nixcraft@mastodon.socialN This user is from outside of this forum
    nixcraft@mastodon.socialN This user is from outside of this forum
    nixcraft@mastodon.social
    wrote sidst redigeret af
    #1

    Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

    maya@gs.lexinova.euM budududuroiu@hachyderm.ioB oldcoder@dansu.orgO dmarti@federate.socialD pxmind@social.linux.pizzaP 9 Replies Last reply
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    • nixcraft@mastodon.socialN nixcraft@mastodon.social

      Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

      maya@gs.lexinova.euM This user is from outside of this forum
      maya@gs.lexinova.euM This user is from outside of this forum
      maya@gs.lexinova.eu
      wrote sidst redigeret af
      #2

      @nixCraft the only way AI helped it's in code analisys, where it spot thing that requiere a twisted way of thinking to make it work.

      And even if we plug 100% of all dev on this for this purpose they are still hundred of billion in the water "cost" wise.

      1 Reply Last reply
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      • nixcraft@mastodon.socialN nixcraft@mastodon.social

        Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

        budududuroiu@hachyderm.ioB This user is from outside of this forum
        budududuroiu@hachyderm.ioB This user is from outside of this forum
        budududuroiu@hachyderm.io
        wrote sidst redigeret af
        #3

        @nixCraft since when do we care about financial payoff solely? If a worker can do the same job in less time, we should use that to argue for 4 day work weeks, globally.

        Progressives are really shooting themselves in the foot here.

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        • nixcraft@mastodon.socialN nixcraft@mastodon.social

          Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

          oldcoder@dansu.orgO This user is from outside of this forum
          oldcoder@dansu.orgO This user is from outside of this forum
          oldcoder@dansu.org
          wrote sidst redigeret af
          #4

          out of greed
          indeed
          greed is the seed

          it isn’t even #AI, geez
          call it by another name, please
          it can be useful, very
          but of the hype be wary

          I say that there will be a collapse
          it doesn’t take more than one synapse
          to realize that this isn’t a new era
          at the same time, no need for despair-a

          it’s a tool 🛠️
          a potential mule 🤖🐎
          not a god 🙏
          nor Emperor Zod

          the billionaire bullsh*t has got to go
          but it isn’t nothing but terror and woe
          I happen to like having lakes and rivers 🌊
          that issue imbues one with shivers 😨

          but when the issue is gone
          there will be a new dawn 🌞
          LinkedIn “On AI we fawn”
          Fediverse “AI is murder,
          to destroy it we must gird-er”

          both viewpoints have their place
          it isn’t the end of the human race
          for now, I count on toes and fingers
          the RAM-pocalypse needs to stop
          but it lingers

          the end will come
          then there will be some
          sanity
          to replace the inanity 🤪

          dot-com has been forgotten
          yes, the AI mania is misbegotten
          let’s the rubbish get past quick
          use the parts that are going to stick

          in this debate, homeless I am
          both sides might grind me into jam 🍓🫙
          but I think that to call a spade a spade ♠️
          isn’t a tirade

          let’s the billionaires eat for dinner 🥩
          a sensible thought doesn’t make one a sinner
          the ethical issues let’s settle
          print the rules in metal
          to move forward is a thrill
          high is likely to be the bill
          for multiple reasons society is trucked
          we rank below Donald Ducked

          I like rivers. billionaires need to be jailed.
          I won’t let a Markov Chain
          emperor be hailed 👑
          but at the price of ridicule refrain
          I’ll play the fool
          let the ridicule run down the drain

          let’s wait and see
          what arises
          subsequent to the surprises
          the crash will bring
          the end result is the thing

          Source: An Old Coder who mortality is facing, no LLM did this; the thought be erasing.

          #codersongs #rhymes

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          • nixcraft@mastodon.socialN nixcraft@mastodon.social

            Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

            dmarti@federate.socialD This user is from outside of this forum
            dmarti@federate.socialD This user is from outside of this forum
            dmarti@federate.social
            wrote sidst redigeret af
            #5

            @nixCraft And revenue/worker is sus as a metric anyway—they can easily juice it by doing unsustainable layoff frenzies and lowering the denominator

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            • nixcraft@mastodon.socialN nixcraft@mastodon.social

              Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

              pxmind@social.linux.pizzaP This user is from outside of this forum
              pxmind@social.linux.pizzaP This user is from outside of this forum
              pxmind@social.linux.pizza
              wrote sidst redigeret af
              #6

              @nixCraft For the average person, AI is a commodity, a comfortable way to google, and a tool to quickly build average content with questionable precision. As a result, what we get is lazier individuals, and the internet bloated with mediocre articles, which feed random answers. Productivity is not higher, because we end up using the spare time for other stuff, and the worst part is the loss in content quality, not to mention the risk to lose our jobs

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              • nixcraft@mastodon.socialN nixcraft@mastodon.social

                Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

                dianea@mastodon.bsd.cafeD This user is from outside of this forum
                dianea@mastodon.bsd.cafeD This user is from outside of this forum
                dianea@mastodon.bsd.cafe
                wrote sidst redigeret af
                #7

                @nixCraft

                a friend told me today that her boss required her to use AI for her job, an engineer's job, a job that can kill people. AI does not hold an engineering license, AI does not take depositions, sit in the courtrooms, or go to prison when people die, But her boss uses AI as their AI fueled investors are on the AI hypewagon.

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                • nixcraft@mastodon.socialN nixcraft@mastodon.social

                  Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

                  uvok@woof.techU This user is from outside of this forum
                  uvok@woof.techU This user is from outside of this forum
                  uvok@woof.tech
                  wrote sidst redigeret af
                  #8

                  @nixCraft Elon Musk & co: "... What do you mean, 'outside of tech'?"

                  /s

                  #shitpost

                  connynasch@mastodon.socialC 1 Reply Last reply
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                  • nixcraft@mastodon.socialN nixcraft@mastodon.social

                    Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

                    ivichoc@mastodon.onlineI This user is from outside of this forum
                    ivichoc@mastodon.onlineI This user is from outside of this forum
                    ivichoc@mastodon.online
                    wrote sidst redigeret af
                    #9

                    @nixCraft "Tiny percentage of humans always have unleashed hell and the overwhelming majority of us supported them out of greed" Here, I fixed it for you. You're welcome.
                    The main problem is the majority of folks, thinking they can have a slice of the cake somehow. (We must organize our neighborhoods to small,resilient communities based on mutual help, self sufficient, interconnected, supportive to each other. Nothing else will work.)

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                    • uvok@woof.techU uvok@woof.tech

                      @nixCraft Elon Musk & co: "... What do you mean, 'outside of tech'?"

                      /s

                      #shitpost

                      connynasch@mastodon.socialC This user is from outside of this forum
                      connynasch@mastodon.socialC This user is from outside of this forum
                      connynasch@mastodon.social
                      wrote sidst redigeret af
                      #10

                      @uvok he has a sick idea of the future - I watched some of the video on him 🤮 Goes right back to his apartheid supporting father, replacing humans.. @nixCraft

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                      • nixcraft@mastodon.socialN nixcraft@mastodon.social

                        Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

                        gimulnautti@mastodon.greenG This user is from outside of this forum
                        gimulnautti@mastodon.greenG This user is from outside of this forum
                        gimulnautti@mastodon.green
                        wrote sidst redigeret af
                        #11

                        @nixCraft ’Engineer’s Disease’, or falsely assuming your expertise in your narrow field allows you to make predictions about the rest of the world.

                        1 Reply Last reply
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                        • jwcph@helvede.netJ jwcph@helvede.net shared this topic
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