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Post by Veronica Olsen 馃崅

Earlier in the thread

Cory Doctorow @pluralistic@mamot.fr

This analyst's report from Apollo about AI uses the term "S&P 493" to refer to the "S&P 500 minus the Mag 7" - because if you take out the AI companies, the S&P 500 is tanking. apollo.com/wealth/insights-new

No Signs of AI Payoff Outside the Tech Sector | The Daily Spark Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Subscribe for daily updates.

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Veronica Olsen 馃崅 @veronica@mastodon.online

@pluralistic At the tech conference I was at last week, which was of course 2/3 AI, it was often taken as self-evident that AI had given us huge gains. I should look up some of those people and send them this ...

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The gallant knight @burningTyger@nrw.social

@veronica You can probably anticipate their reactions as much as I do. It's pointless. AI is a waste of time. Even warning of AI is a waste of time.

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Veronica Olsen 馃崅 @veronica@mastodon.online

@burningTyger There were several good talks on AI there too, so a good chunk of the audience got a balanced message overall. I also attended a few talks on AI usage, but only those directly relevant to my work (they did after all pay for my ticket).

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