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coyotino [he/him] ( theangriestbird@beehaw.org )  to TechnologyEnglish · 2年前

Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable

www.404media.co

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  • cross-posted to:
  • hackernews@lemmy.smeargle.fans
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Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable

www.404media.co

coyotino [he/him] ( theangriestbird@beehaw.org )  to TechnologyEnglish · 2年前
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98
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  • cross-posted to:
  • hackernews@lemmy.smeargle.fans
One of the world's largest investment banks wonders if generative AI will be worth the huge investment and hype: "will this large spend ever pay off?"
  • PenguinCoder ( Penguincoder@beehaw.org ) 
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    2年前

    Go-dAmn Sachs is wrong often, but in this I think they’re on point. Learned from the Crypto insanity.

    • Avid Amoeba ( avidamoeba@lemmy.ca ) 
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      2年前

      Broken clock etc.

      • jarfil ( jarfil@beehaw.org ) 
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        2年前

        And yet, worth 150 billion.

        • t3rmit3 ( t3rmit3@beehaw.org ) 
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          2年前

          “valued at” != “worth”

    • NaibofTabr ( NaibofTabr@infosec.pub ) 
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      2年前

      It’s costing them money, and they’re not sure they’re going to get it back.

      • jherazob ( jherazob@beehaw.org ) 
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        2年前

        They’re not

      • anachronist ( anachronist@midwest.social ) 
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        2年前

        Naw if they’re publicly bashing it they’ve already dumped on all the downside risk onto their customers and now they’re net short.

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