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 i've been wondering if this is the needle for the "ai" bubble. and then this waffle comes out https://arstechnica.com/?p=2036853
OpenAI reportedly nears breakthrough with “reasoning” AI, reveals progress framework

Five-level AI classification system probably best seen as a marketing exercise.

Ars Technica