UK announces it put billions of pounds into generative AI today to inject it into a growth economy it says - after being told by entirely unbiased tech companies it is that good. We’re building an “AI supercomputer”.
In other news, what is actually happening on the ground:
Two years ago, Capita told investors it would save billions due to implementing GenAI into every part of its business.
Yesterday, they informed investors GenAI was going very well for them, in a annual results statement which said everything was amazing! Sadly, the investors read the actual numbers, and did this:
Kevin Beaumont
Sonja