Live data from Hacker News

95% of Companies See 'Zero Return' on $30B Generative AI Spend

thedailyadda.com

441–445 of 445 posts

Re: 95% of Companies See 'Zero Return' on $30B Generative AI Spend

#441
post #272
post #116

I'm no AI apologist, but for one, this is how investments, particularly speculative investments, work. They're investing money now in the _hopes_ of a future return. It's pretty early days still. Secondly, of _course_ the huge AI players are doing everything they can to overpromise and convince corporations to throw cash at them to keep the party going. I think the real problem is, it's just a bit too early, but ever…

It is rare that a third of the capital in the US stock market (by some recent estimates) is going for essentially the same speculative bet, though.

Sure-- I'm not saying ANY of this is good!

Re: 95% of Companies See 'Zero Return' on $30B Generative AI Spend

#442
post #277
post #91

Earlier quoted context omitted.

Smartest people will be working against that. You're thinking of opportunistic people with myopia.

Pretty much the entire tech industry has bent the knee by now - they even gifted the new ruler with golden statues. It's not just a handful of people...

and when Trump keels over and dies, what happens then? sort of a brittle business plan

Re: 95% of Companies See 'Zero Return' on $30B Generative AI Spend

#443

Earlier quoted context omitted.

>> It's entirely possible that offloading that task to an LLM gives agents _more_ breathing room In theory, yes. But there is no way they are going to save millions by giving more breathing room to agents.

As a whole the incentives of capitalism are aligned as you suggest, but every major corp I've worked with has not-so-rare pockets of savvy middle managers that know how to play the game and also care about the welfare of their employees--even if the cultural incentives don't lean that way. (I'm assuming a US market here--and I'm at least tangentially aware that other cultures aren't identical) E.g., when I worked in…

Moral Mazes ( https://en.wikipedia.org/wiki/Moral_Mazes ) is a sociology classic along these lines.

Here's a relevant interview with the author, Robert Jackall: https://anso.williams.edu/files/2015/07/Jackall_interview_Ch...

Re: 95% of Companies See 'Zero Return' on $30B Generative AI Spend

#444

Earlier quoted context omitted.

I can assure you that people care very much about searching and mining calls, especially for compliance and QA reasons.

What’s the ROI?

What's the ROI on quickly identifying and fixing problems with your product?

Re: 95% of Companies See 'Zero Return' on $30B Generative AI Spend

#445

Earlier quoted context omitted.

> This is how America ends up being ahead of the rest of world with every new technology breakthrough. Too young to remember GSM?

I don't think its controversial to say that in net, the US has had a good streak so far with new technologies. Yeah there have been some pretty big misses, but obviously the wins more than make up for them.

The OP said "every" new technology.

I just showed this is not true. There are plenty other examples.

From the down-votes - either we don't all agree on a common definition of Kings English, or it challenges some members self-identity.

Post reply on HN