AI, this sums it up: “the risk of underinvesting is dramatically…

Praveen Paranjothi · 2024-08-03T04:57:55.000Z

In the 18 months since ChatGPT kicked off an AI arms race, tech giants have promised that the technology is poised to revolutionize every industry and used it as justification for spending tens of billions of dollars on data centers and semiconductors needed to run large AI models. Compared to that vision, the products they’ve rolled out so far feel somewhat trivial - chatbots with no clear path to monetization, cost saving measures like AI coding and customer service, and AI-enabled search that sometimes make things up https://edition.cnn.com/2024/08/02/tech/wall-street-asks-big-tech-will-ai-ever-make-money/index.html #artificialintelligence #ai #tech

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AI, this sums it up: “the risk of underinvesting is dramatically… | Newnex