Technology

59219 readers

3235 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

485

AI is overhyped and unreliable -Goldman Sachs (calckey.world)

submitted 3 months ago by tek@calckey.world to c/technology@lemmy.world

81 comments fedilink hide all child comments

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

you are viewing a single comment's thread
view the rest of the comments

[–] echodot@feddit.uk 16 points 3 months ago* (last edited 3 months ago) (5 children)

Yeah but it's Goldman Sachs saying it. Presumably because they haven't invested in AI.

Perhaps we could get a non-biased opinion and also from an actual expert rather than some finance ghoul who really doesn't know anything?

[–] 0x0@programming.dev 22 points 3 months ago

I'd say they know a thing or two about finance... so maybe they didn't invest because they see it as overhype?

[–] balder1991@lemmy.world 19 points 3 months ago* (last edited 3 months ago)

The problem is experts in AI are biased towards AI (it pays their salaries).

[–] frezik@midwest.social 11 points 3 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.

[–] demonsword@lemmy.world 5 points 3 months ago

Presumably because they haven’t invested in AI.

Presumably is carrying all the weight of your whole post here

Perhaps we could get a non-biased opinion and also from an actual expert rather than some finance ghoul who really doesn’t know anything?

I also hate banks, but usually those guys can sniff out market failures way ahead of the rest of us. All their bacon rides on that, after all