6 hours ago
can you post the correct link in the comments?
this appears to be a redirect away from static assets.
looks like you've got to go here or their systems will mess you around: https://www.goldmansachs.com/insights/top-of-mind/gen-ai-too...
6 hours ago
6 hours ago
The recent JP morgan "Eyes on the Market" report on the AI boom is a better alternative to this.
6 hours ago
From 2024
6 hours ago
June 2024
6 hours ago
Phew. Things are completely different now.
5 hours ago
I take Goldman Sachs reports like this as a strong signal to buy.
5 hours ago
6 hours ago
The banker wankers got it completely wrong
6 hours ago
The title is click bait. 3 of the 5 people interviewed were optimistic and one of the pessimists is an MIT professor, not a goldman analyst. The rest of it is market outlooks from 2024 for chips and power that don't seem that far off.
5 hours ago
yeah, no.
Here is the original quote from their head of equity stratigy ..
AI technology is exceptionally expensive, and to justify those costs, the technology must be able to solve complex problems, which it isn’t designed to do. - Jim Covello
“complex problem” isnt an objective standard, and some rando GS "stratigist of equities" certainly doesn’t get to define it .. reality already disagrees with him .. and plenty of real usecases show AI solving interesting non-trivial problems ..
5 hours ago
> plenty of real usecases show AI solving interesting non-trivial problems ..
Such as? Generating tons of spam? Generating tons of boilerplate code (which shouldn't have been necessary if the industry haven't been valuing coders' fungibility above development time)? Adult content is probably the only usecase so far that isn't automating away what should never be done in the first place.
4 hours ago
> Adult content is probably the only usecase so far that isn't automating away what should never be done in the first place.
AI models are making porn. I there are "nudify" apps (basically undress social media pics) and a rush to ban them.
4 hours ago
you're conflating “usecases I don’t like” with “no usecases”
6 hours ago
Nah, seems increasingly accurate. Spend keeps going up, successful projects in production not so much.
5 hours ago
lack of visibility != lack of deployment
6 hours ago
6 hours ago
They’ve gotten it wrong since 2008. GS couldn’t even figure out the credit card business.