@nixCraft And if you don't trust Goldman Sachs, maybe you believe 6000 executives from the US, UK, Germany and Australia a little bit more. From the study:

> "Third, the impact of AI on firm employment and productivity has been small so far. On average, more than 90% of business managers across the four countries estimate no impact of AI on their employment over the past three years. 89% report no impact of AI on their labor productivity over the last three years."

Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago | Fortune

In the 1980s, economist Robert Solow made an observation that reminded economists of today’s AI boom: “You can see the computer age everywhere but in the productivity statistics.”

Fortune (fortune.com)

@nixCraft Big Tech LLMs maybe. But "AI" is waaaay more than this mainstream hype chatbots.

AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380

So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:

* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this

@nixCraft

Shyte

META AI executive demonstrating AI safety, interrupted her demonstration, to beg her AI to not delete, to stop deleting, her actual own emails.

To no avail.

#ai

@kevinrns @nixCraft Bwahahahaha, didn't see that one.

fastcompany.com

(www.fastcompany.com)

@nixCraft how is AI simultaneously producing nothing of value and also taking jobs, in your mind? How can it steal (and therefore profit from) artists work while also being incapable of production? Workers and artists have absolutely nothing to worry about because AI doesn’t work, right?

@kevinrns @nixCraft Bwahahahaha, didn't see that one.

fastcompany.com

(www.fastcompany.com)

@ai6yr @nixCraft

Just shyte.

"Google's AI coding assistant deletes user's entire drive, and apologies won't bring back the data"

Google's AI coding helper erroneously erased a user's entire drive

Do you trust your data in the hands of AI?

Windows Central (www.windowscentral.com)

AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380

So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:

* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this

@ai6yr @nixCraft

Just shyte.

"Google's AI coding assistant deletes user's entire drive, and apologies won't bring back the data"

Google's AI coding helper erroneously erased a user's entire drive

Do you trust your data in the hands of AI?

Windows Central (www.windowscentral.com)

AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380

So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:

* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this

AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380

So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:

* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this

@scotty86 @nixCraft As an example of machine learning being useful, see the following article, which mentions how machine learning has reduced the computational resources needed for some tasks.

Machine learning takes starring role in exploring the universe | Eberly College of Science

Penn State astronomers use machine learning to vastly improve astronomical analyses.

(science.psu.edu)

@nixCraft They do, in fact, see "getting staff fired" & “stealing ... work" as "plus points" & are worth the harms caused. They are not concerned about growing the economy so much as 'maximizing shareholder value' & the corresponding boost to their bonuses.

@causticmsngo @nixCraft Not even that.

It's a bubble. They're not concerned about maximising long term shareholder value, which in most cases is their actual fiduciary duty (e.g. pension funds own a large proportion of the economy in many countries).

They're only concerned about temporarily boosting share prices. Which is **not** the same thing.

Because when the bubble bursts, they'll time it right and short it on the way down. Or so they hope.

Or, as CEO, they'll have moved on to another job by then.

And they temporarily boost share prices by jumping on the latest bandwagon, propping up the bubble for a while longer before it pops.

Meanwhile, "AI" drives new fossil fueled power stations, steals water as well as intellectual property, along with all the other harms it does.

Plus, fire and rehire as a bonus.

AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380

So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:

* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this

AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says https://gizmodo.com/ai-added-basically-zero-to-us-economic-growth-last-year-goldman-sachs-says-2000725380

So far AI has done more damage than adding any true value to productivty unless you consider the following as plus points:

* Getting staff fired
* Stealing journalist, book authors, or artists’ work
* Environment impact
* Hallucinations that caused harm and loss of life
* Creating undressing images of minors and woman
* The list list endless and you have to be psychopaths to like this