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Majority of CEOs report zero payoff from AI splurge
(www.theregister.com)
This is a most excellent place for technology news and articles.
~40℅ seeing a positive payoff is surprisingly high
Are they seeing a payoff or just not admitting defeat (yet)?
I'd love to know more about that 30% reported increase and how real it is (I know this is never going to happen). Is it a) Nvidia<=>OpenAI b2b stuff where they increased revenue by grifting some other CEO b) massaging the numbers to make it look like AI is popular - Microsoft Office+Copilot style or c) there is genuinely something valuable that people are buying
I feel like there is a whole lot of b) going on with companies baking AI into popular products and then going "ooh line gonup, must be AI" but I could be wrong.
40% fired a bunch of stuff who are either working harder or were actually able to leverage llm for some of their work.
AI didn't have to do a good job, it just gave them an excuse to slash people