this post was submitted on 14 Jul 2024
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AI is overhyped and unreliable -Goldman Sachs

https://www.404media.co/goldman-sachs-ai-is-overhyped-wildly-expensive-and-unreliable/

"Despite its expensive price tag, the technology is nowhere near where it needs to be in order to be useful for even such basic tasks"

@technology@lemmy.world

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[–] echodot@feddit.uk 0 points 1 year ago* (last edited 1 year ago) (1 children)

Yeah but it's Goldman Sachs saying it. Presumably because they haven't invested in AI.

Perhaps we could get a non-biased opinion and also from an actual expert rather than some finance ghoul who really doesn't know anything?

[–] demonsword@lemmy.world -1 points 1 year ago

Presumably because they haven’t invested in AI.

Presumably is carrying all the weight of your whole post here

Perhaps we could get a non-biased opinion and also from an actual expert rather than some finance ghoul who really doesn’t know anything?

I also hate banks, but usually those guys can sniff out market failures way ahead of the rest of us. All their bacon rides on that, after all

[–] gedaliyah@lemmy.world 0 points 1 year ago (1 children)

I remember saying a year ago when everybody was talking about the AI revolution: The AI revolution already happened. We've seen what it can do, and it won't expand much more.

Most people were shocked by that statement because it seemed like AI was just getting started. But here we are, a year later, and I still think it's true.

[–] SeattleRain@lemmy.world -1 points 1 year ago

It'll expand but it will take 5-10 years. Just like Web 1.0 and 2.0.