A blistering Goldman Sachs research report wonders if the massive investment in Generative AI will ever pay off, says stock gains are already baked in "outside of the most bullish AI scenario," and posits that Gen AI is likely a bubble: https://www.404media.co/goldman-sachs-ai-is-overhyped-wildly-expensive-and-unreliable/
Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable

One of the world's largest investment banks wonders if generative AI will be worth the huge investment and hype: "will this large spend ever pay off?"

404 Media

@jasonkoebler So Goldman Sachs is saying that when something looks talks walks like a duck it probably is a duck?

Sometimes tech marketing terms are annoying, like Cloud, but they don't actually suggest the duck is not a duck. But with AI (sic) the marketing term is flat out wrong and misleading. As the Curl author noted, the I In LLM stands for intelligence. Also, the U stands for Understanding, and the CS stands for Conceptual Structures.

When training sets shrink and less power needed...