this post was submitted on 14 Jul 2024
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AI is overhyped and unreliable -Goldman Sachs

https://www.404media.co/goldman-sachs-ai-is-overhyped-wildly-expensive-and-unreliable/

"Despite its expensive price tag, the technology is nowhere near where it needs to be in order to be useful for even such basic tasks"

@[email protected]

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[โ€“] [email protected] 9 points 8 months ago* (last edited 8 months ago) (1 children)

Haha, there's a company that didn't invest in AI in time.

Sounds just like Republican Elon Musk when he cried over AI being years ahead of his own.

[โ€“] [email protected] 2 points 8 months ago

Even a broken clock is right twice a day.

I don't want to imply GS did a responsible thing, but... if they assessed the situation two years ago and decided RoI is unlikely and as such didn't invest - wouldn't their current stance actually be reasonable?