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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

    Barry RowlingsonG This user is from outside of this forum
    Barry RowlingsonG This user is from outside of this forum
    Barry Rowlingson
    wrote last edited by
    #2

    @nixCraft Not a zero on the end, as the Slopsters would want.

    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

      lemgandiL This user is from outside of this forum
      lemgandiL This user is from outside of this forum
      lemgandi
      wrote last edited by
      #3

      @nixCraft

      Ooh, you forgot Fraud! It's SO GREAT for fraud!

      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

        Ms NgoC This user is from outside of this forum
        Ms NgoC This user is from outside of this forum
        Ms Ngo
        wrote last edited by
        #4

        @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 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

          Serghei PogorS This user is from outside of this forum
          Serghei PogorS This user is from outside of this forum
          Serghei Pogor
          wrote last edited by
          #5

          Goldman saying 0% is generous. Most AI companies are just wrapping APIs and calling it innovation. The actual productivity gains are happening at companies that were already data-driven, not from the AI hype cycle.

          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

            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
            #6

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

            Bill ZaumenB 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

              FruitsF This user is from outside of this forum
              FruitsF This user is from outside of this forum
              Fruits
              wrote last edited by
              #7

              @nixCraft

              This is just a grift to pass monstrous amounts of money between the elites, while also siphoning what's left of the capital of 99.99% of the population, and cutting access to hardware.

              They won't stop until we're back to medieval society.

              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

                RustyB This user is from outside of this forum
                RustyB This user is from outside of this forum
                Rusty
                wrote last edited by
                #8

                @nixCraft all part of the plan to eradicate the poor. All part of the plan.

                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

                  Florian WeberF This user is from outside of this forum
                  Florian WeberF This user is from outside of this forum
                  Florian Weber
                  wrote last edited by
                  #9

                  @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 wW 2 Replies 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

                    A_MinionA This user is from outside of this forum
                    A_MinionA This user is from outside of this forum
                    A_Minion
                    wrote last edited by
                    #10

                    @nixCraft In the 70's we were talking about this day of AI and the problems it would create. Starting with the need for some kind of UBI, then what would the people do instead of work(there are only so many truly creative people), the needs for provided medical care, housing, food and more. By the time the 80's rolled around those discussions weren't heard any more. The GOP had it under control.
                    /S, Just ask Reagan it was all the Welfare Queen and food stamps.

                    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

                      ★ N O R M I E ★N This user is from outside of this forum
                      ★ N O R M I E ★N This user is from outside of this forum
                      ★ N O R M I E ★
                      wrote last edited by
                      #11

                      @nixCraft what a coincidence

                      that's what Sam Altman's husband scores him in bed out of ten too

                      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

                        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
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