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Microsoft CEO Admits That AI Is Generating Basically No Value (ca.finance.yahoo.com)

submitted 1 day ago by [email protected] to c/[email protected]

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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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[–] [email protected] 6 points 4 hours ago

I think that's pretty clear to people who get past the clickbait. Oddly enough though, if you read through what he actually said, the takeaway is basically a tacit admission, interpreted as him trying to establish a level-set on expectations from AI without directly admitting the strategy of massively investing in LLM's is going bust and delivering no measurable value, so he can deflect with "BUT HEY CHECK OUT QUANTUM".