Check this out:

Goldman Sachs put out a report titled "Gen AI: Too Much Spend, Too Little Benefit?" which, at least, shows some investment banks returning to Earth. (If not the venture funds...)

The link in the post below has a good summary and also contains a link to the full report from Sachs.

#ai #AIBiz #aihype #AIhypecycle #goldmansachs

@jhilden https://vis.social/@jhilden/112752637980275797

Jonatan Hildén (@[email protected])

This is interesting stuff: Ed Zitron writes on how Goldman Sachs, who like any investment bank ”will gladly hype anything if it thinks it'll make a buck” soured on generative AI. ”A week and a half ago, Goldman Sachs put out a 31-page-report (titled "Gen AI: Too Much Spend, Too Little Benefit?”) that includes some of the most damning literature on generative AI I've ever seen.” https://www.wheresyoured.at/pop-culture/

vis.social

Andy Jassy dismisses Microsoft and Google’s A.I. as ‘hype cycle’ #AIhype

Hashtags: #chatGPT #AIhypecycle #JassyvsMicrosoftGoogle Summery: Amazon CEO Andy Jassy believes that generative artificial intelligence (A.I.) is one of the biggest technical transformations of our lifetimes. He referred to many of today's A.I. chatbots and other generative A.I. tools as part of the "hype cycle," while Amazon focuses on the "substance cycle." Amazon has been involved in artificial…

https://webappia.com/andy-jassy-dismisses-microsoft-and-googles-a-i-as-hype-cycle-aihype/

Andy Jassy dismisses Microsoft and Google's A.I. as 'hype cycle' #AIhype

Amazon has an A.I. strategy that aims to turn it into a major supplier across the whole A.I. supply chain.

Webappia