Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable
Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable
www.404media.co Goldman Sachs: AI Is Overhyped, Wildly Expensive, and Unreliable
One of the world's largest investment banks wonders if generative AI will be worth the huge investment and hype: "will this large spend ever pay off?"
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Goldman Sachs has not invested in AI.
Their statement is factual though, on all three points. nVidia's share price alone should alarm people. It's the new dot com bubble.
It's a gold rush and NVIDIA is selling the shovels
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