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?"
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But it is killing jobs, and that's what's important.
Yep, as wildly expensive and unreliable as AI is, so are staff.
Watch as loads of people get laid off, they realise the AI can't do their jobs after all, but you know who can give it a go? Some guy in a third world country on $3 an hour.