1031
Majority of CEOs Alarmed as AI Delivers No Financial Returns (futurism.com)
submitted 6 months ago by [M] to c/fuck_ai@lemmy.world
234 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 7 points 6 months ago (2 children)

A small group of companies are already turning AI into measurable financial returns

Who, other than companies selling AI to other companies?

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 4 child comments
    •
  • [–] 3 points 6 months ago

    Who, other than companies selling AI to other companies?

    I'm sure that's what they're talking about.

    I haven't seen any company selling end users AI at any price that looks like it could actually turn a profit.

    It feels so very bubble.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 1 point 6 months ago (1 child)

    You can’t usually replace people with AI per se, but there is a lot of routine work you can do more efficiently with the help of AI. And that in the end reduces needed staff.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 6 points 6 months ago*

    A surprising percentage of that routine work that can be machine assisted is already automated. Even an agentic AI LLM doesn't do anything a clever bash script couldn't. (And bash does it without hallucinations.)

    So the opportunity is that a we can automate things that were not worth automating, before.

    But the challenge is that anything with crazy good returns on efficiency is likely to already have been automated better.

    So we have a really expensive tool hunting for huge efficiency gains among the scraps leftover from earlier better automation solutions.

  • permalink
  • fedilink
  • source
  • parent