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"

@technology@lemmy.world

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[–] frezik@midwest.social 11 points 4 months ago

It's noteworthy because it's Goldman Sachs. Lots of money people are dumping it into AI. When a major outlet for money people starts to show skepticism, that could mean the bubble is about to pop.