Technology

The article is sort of interesting and I hope people take a gander rather than headline skim to affirm a bias and internally bridge the narrative gap.

The article says the report blames the lack of payoff on lack of implementation rather than on AI tooling itself. That is, companies need to fully integrate with AI because piecemeal isn't working. Quite the opposite of what many people commenting here are assuming the takeaway was.

That means even more bad times ahead for people who wake up every morning and make the world happen and society function. Assuming PwC's advice is taken to heart and job displacement remains the primary motivator rather than force multiplication.

I tend to be skeptical of the reactionary AI is always slop trend. I'm sympathetic to it because it's a response to the hype machine that knows no prudence. But damn when you say

"Your next move: Build AI foundations. Our work with organisations confirms mounting evidence that isolated, tactical AI projects often don’t deliver measurable value. Tangible returns come from enterprise-scale deployment consistent with company business strategy."

I read this as marketing. What's the evidence you've been gathering? Why do you believe your projects are applicable to all companies? What happens if we invest and it doesn't help like you say it will?

This is like saying the solution to your relationship troubles is having a baby. No... No this is not the solution. Make my smaller projects work and show return and then we talk larger commitments.

I just got a work complaint from an angry client about my rep’s performance. Well over 50 emails over 4 weeks, it was a lot to review. I had ChatGPT give me a summary of the client complaint and it highlighted just where my side started to fall apart. I hate the slop, but this time it helped

As if we weren't going to figure out how shitty LLM's are organically.

CEOs keep trying to shoehorn AI into replacing skilled labor positions, when the positions that AI could easily replace are obviously CEOs and the rest of the executive suite. Obviously they are so shit at their jobs that they can't research well enough to make informed decisions about tech implementation.

Other than being a money vacuum, there isn't a single thing that CEOs do better than an LLM. Replace them, give their fat paychecks to the employees, and watch the company do better than it ever has.

I hate AI, but it's still preferable to sociopath capitalists.

All this article is showing is that a large number of CEOs are swayed by hype and make poor decisions. What other poor decisions are they making all the time?

I am thoroughly convinced that the MBA is the most useless degree ever because when you look at how large businesses run so poorly, and are run by MBAs.

Its nice with chat bots like chat gpt but companies who bet on their own Ai... Or who believe they will be the next billion dollar Ai startup.... I dont believe in any of that.

I think we pretty much have seen what is going to come from Ai. Chat bots. People will pay for those, specially programmers. But also other people. Outside of that.... I cant see much value to pay for. Nothing in fact.

Yeah, that tends to happen when you blow billions on snake oil.

Good. Fuck 'em.

You mean they couldn't just stop paying their workers?

I thought AI was supposed to replace all that FTE overhead that gets in the way of shareholder profits!!!!!111111oneoneoneoenone

Business morons who don't understand tech is what this bubble is all about. I can't believe so many businesses have sunk hundreds of billions of dollars into technology that fundamentally cannot do what they fantasize it to do.

Yet again those at the top waste untold sums of money and resources on the new shiny and everyone else is left to deal with the mess they created. While they float away on their golden parachute.

Sure, the majority aren't seeing a payoff. But we only really care about the Magnificent Seven and their increased revenue from government contracts (particularly Pentagon weapons platforms and public-private surveillance deals).

Shouldn't that be a net negative because of loss of knowledge and talent during ai-inspired layoffs?

lol get rekt

But they will keep pumping money into it, laying off workers over it, and alienating consumers with it all the same. The global economy is an AI-based Ponzi scheme.

Good to know they are worth the 300x average compensation of a normal worker, this is yet another piece of evidence we should aim for 600x instead of guillotines. 

If a gif could represent an entire article...

Don't give up. Keep it growing!

This is just like them trying to solve traffic problems

Just one more AI bro! Just one more integration and it'll finally be good.