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  3. 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 😂😂😂

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 😂😂😂

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  • nixCraft 🐧N nixCraft 🐧

    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

    J This user is from outside of this forum
    J This user is from outside of this forum
    Joeheadycus
    wrote last edited by
    #12

    @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?

    MarianneN 1 Reply Last reply
    0
    • nixCraft 🐧N nixCraft 🐧

      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

      craignicolC This user is from outside of this forum
      craignicolC This user is from outside of this forum
      craignicol
      wrote last edited by
      #13

      @nixCraft isn't it also a big part of the economy? So it's stolen resources from everywhere else, like cancer?

      1 Reply Last reply
      0
      • nixCraft 🐧N nixCraft 🐧

        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

        MicdanM This user is from outside of this forum
        MicdanM This user is from outside of this forum
        Micdan
        wrote last edited by
        #14

        @nixCraft As a tech enthusiast this is one of the worst technologies ever existed, I literally became an AI atheist so to speak

        - Needs to steal data to work
        - It consumes a lot of resources
        - Fucks up the RAM prices, so you can no longer build a PC even if you don't use AI

        And yeah, it may have good uses, like fighting cancer or stuff like that, but it's philosophy and core functionalities still fucking shit. I csm only see negative shit coming out of it so #FuckAI

        🐧DaveNull🐧 ☣️pResident Evil☣D 1 Reply Last reply
        0
        • nixCraft 🐧N nixCraft 🐧

          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

          Benjamin GrantB This user is from outside of this forum
          Benjamin GrantB This user is from outside of this forum
          Benjamin Grant
          wrote last edited by
          #15

          @nixCraft

          Link Preview Image
          1 Reply Last reply
          0
          • MicdanM Micdan

            @nixCraft As a tech enthusiast this is one of the worst technologies ever existed, I literally became an AI atheist so to speak

            - Needs to steal data to work
            - It consumes a lot of resources
            - Fucks up the RAM prices, so you can no longer build a PC even if you don't use AI

            And yeah, it may have good uses, like fighting cancer or stuff like that, but it's philosophy and core functionalities still fucking shit. I csm only see negative shit coming out of it so #FuckAI

            🐧DaveNull🐧 ☣️pResident Evil☣D This user is from outside of this forum
            🐧DaveNull🐧 ☣️pResident Evil☣D This user is from outside of this forum
            🐧DaveNull🐧 ☣️pResident Evil☣
            wrote last edited by
            #16

            @micdan

            > And yeah, it may have good uses, like fighting cancer or stuff like that,

            Not, no, it doesn't' fight cancers… research do…

            What microshit, google, crapbook, altman, musk and all the technofascists sell, are LLMs. LLMs just generate bullshit, thus called "generative AI". It has absolutely nothing to do with field specific machine learning thats might be used in health research

            LLMs are only useful for fascists to make disinformation and FUD… Absolutely 0 "good uses"

            @nixCraft

            1 Reply Last reply
            0
            • Florian WeberF Florian Weber

              @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."

              Link Preview Image
              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.”

              favicon

              Fortune (fortune.com)

              🐧DaveNull🐧 ☣️pResident Evil☣D This user is from outside of this forum
              🐧DaveNull🐧 ☣️pResident Evil☣D This user is from outside of this forum
              🐧DaveNull🐧 ☣️pResident Evil☣
              wrote last edited by
              #17

              @fnwbr Of course they wouldn't admit this shit actually had BIG impact of AI on heir employment… They used as an excuse to fire people massively, expecting their profit to skyrocket "because the AI will do their job faster"… Fucking clowns

              @nixCraft

              1 Reply Last reply
              0
              • Florian WeberF Florian Weber

                @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."

                Link Preview Image
                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.”

                favicon

                Fortune (fortune.com)

                wW This user is from outside of this forum
                wW This user is from outside of this forum
                w
                wrote last edited by
                #18

                @fnwbr @nixCraft Although other parts of the article quote analysts being cautiously positive about its impact on productivity in the most recent quarter and the general thrust seems to be that significant productivity gains may be more in the longer rather than shorter term. I’m not a lover of AI, but that is what the Fortune article is saying.

                1 Reply Last reply
                0
                • scotty86 🇺🇦🕊️S scotty86 🇺🇦🕊️

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

                  Bill ZaumenB This user is from outside of this forum
                  Bill ZaumenB This user is from outside of this forum
                  Bill Zaumen
                  wrote last edited by
                  #19

                  @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.

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

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

                  favicon

                  (science.psu.edu)

                  scotty86 🇺🇦🕊️S 1 Reply Last reply
                  0
                  • nixCraft 🐧N nixCraft 🐧

                    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

                    Kevin RussellK This user is from outside of this forum
                    Kevin RussellK This user is from outside of this forum
                    Kevin Russell
                    wrote last edited by
                    #20

                    @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

                    Link Preview Image
                    AI6YR BenA 1 Reply Last reply
                    0
                    • Kevin RussellK Kevin Russell

                      @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

                      Link Preview Image
                      AI6YR BenA This user is from outside of this forum
                      AI6YR BenA This user is from outside of this forum
                      AI6YR Ben
                      wrote last edited by
                      #21

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

                      fastcompany.com

                      favicon

                      (www.fastcompany.com)

                      Kevin RussellK 2 Replies Last reply
                      0
                      • AI6YR BenA AI6YR Ben

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

                        fastcompany.com

                        favicon

                        (www.fastcompany.com)

                        Kevin RussellK This user is from outside of this forum
                        Kevin RussellK This user is from outside of this forum
                        Kevin Russell
                        wrote last edited by
                        #22

                        @ai6yr @nixCraft

                        Link Preview Image
                        Meta's safety director handed OpenClaw AI agents the keys to her emails

                        A Meta executive reveals that OpenClaw's AI agent wreaked havoc on her inbox before she shut it down by killing all the processes on the host.

                        favicon

                        Windows Central (www.windowscentral.com)

                        1 Reply Last reply
                        0
                        • J Joeheadycus

                          @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?

                          MarianneN This user is from outside of this forum
                          MarianneN This user is from outside of this forum
                          Marianne
                          wrote last edited by
                          #23

                          @Joeheadycus @nixCraft how can it steal? They only exist because of theft. Doesn't mean it produces art. This is not difficult

                          1 Reply Last reply
                          0
                          • AI6YR BenA AI6YR Ben

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

                            fastcompany.com

                            favicon

                            (www.fastcompany.com)

                            Kevin RussellK This user is from outside of this forum
                            Kevin RussellK This user is from outside of this forum
                            Kevin Russell
                            wrote last edited by
                            #24

                            @ai6yr @nixCraft

                            Just shyte.

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

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

                            Do you trust your data in the hands of AI?

                            favicon

                            Windows Central (www.windowscentral.com)

                            AI6YR BenA ozengO 2 Replies Last reply
                            0
                            • Kevin RussellK Kevin Russell

                              @ai6yr @nixCraft

                              Just shyte.

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

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

                              Do you trust your data in the hands of AI?

                              favicon

                              Windows Central (www.windowscentral.com)

                              AI6YR BenA This user is from outside of this forum
                              AI6YR BenA This user is from outside of this forum
                              AI6YR Ben
                              wrote last edited by
                              #25

                              @kevinrns @nixCraft LOL

                              1 Reply Last reply
                              0
                              • nixCraft 🐧N nixCraft 🐧

                                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

                                Sassinake! - ⊃∪∩⪽S This user is from outside of this forum
                                Sassinake! - ⊃∪∩⪽S This user is from outside of this forum
                                Sassinake! - ⊃∪∩⪽
                                wrote last edited by
                                #26

                                @nixCraft

                                I'd even say they drove the US into more debt, and robbed millions of people of their livelihoods and even their savings.

                                1 Reply Last reply
                                0
                                • Kevin RussellK Kevin Russell

                                  @ai6yr @nixCraft

                                  Just shyte.

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

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

                                  Do you trust your data in the hands of AI?

                                  favicon

                                  Windows Central (www.windowscentral.com)

                                  ozengO This user is from outside of this forum
                                  ozengO This user is from outside of this forum
                                  ozeng
                                  wrote last edited by
                                  #27

                                  @kevinrns @ai6yr nixCraft 🐧 we are heading for another Carrington Event but this time it’s software

                                  1 Reply Last reply
                                  0
                                  • nixCraft 🐧N nixCraft 🐧

                                    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

                                    Zło To 🏴‍☠️ ᶠᵉᵈⁱᵛᵉʳˢᵉ ᵃᵈᵐⁱⁿM This user is from outside of this forum
                                    Zło To 🏴‍☠️ ᶠᵉᵈⁱᵛᵉʳˢᵉ ᵃᵈᵐⁱⁿM This user is from outside of this forum
                                    Zło To 🏴‍☠️ ᶠᵉᵈⁱᵛᵉʳˢᵉ ᵃᵈᵐⁱⁿ
                                    wrote last edited by
                                    #28

                                    @nixCraft getting staff fired is desirable from a shareholder's perspective

                                    unless of course the company has to hire the people back

                                    than again, rates might be lower, because, you know, AI-related unemployment, so still a win.

                                    This is of course sarcastic, because in the end, unemployed don't buy your product

                                    [edited a typo]

                                    1 Reply Last reply
                                    0
                                    • nixCraft 🐧N nixCraft 🐧

                                      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

                                      UrzlG This user is from outside of this forum
                                      UrzlG This user is from outside of this forum
                                      Urzl
                                      wrote last edited by
                                      #29

                                      @nixCraft And they consumed all of the RAM and storage media in a coordinated action to force us into cloud storage and compute.

                                      1 Reply Last reply
                                      0
                                      • Bill ZaumenB Bill Zaumen

                                        @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.

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

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

                                        favicon

                                        (science.psu.edu)

                                        scotty86 🇺🇦🕊️S This user is from outside of this forum
                                        scotty86 🇺🇦🕊️S This user is from outside of this forum
                                        scotty86 🇺🇦🕊️
                                        wrote last edited by
                                        #30

                                        @bzdev Astronomy is an excellent example. 👍
                                        There are several others - protein folding, climate modeling, particle physics, medical imaging....

                                        I would welcome it if the media differentiated between "AI" and conventional chatbots. @nixCraft

                                        1 Reply Last reply
                                        0
                                        • Ms NgoC Ms Ngo

                                          @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.

                                          MatthewToadAgainM This user is from outside of this forum
                                          MatthewToadAgainM This user is from outside of this forum
                                          MatthewToadAgain
                                          wrote last edited by
                                          #31

                                          @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.

                                          MatthewToadAgainM 1 Reply Last reply
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