It did add to last year’s GDP. Investment, i.e. Business Spending, is a major component of GDP. And the tech companies spent a shit ton of money on AI and AI centric equipment last year.
Trajan- on
Weird given the massive amount of spending on commercial infrastructure including power generation, hardware and fiber.
One article says $650Bn spent and the next says nothing added to the GDP. Comedy hour.
bitemark01 on
Totally fine and sustainable and will in no way come crashing down
SeaEmployee787 on
how does that balance with the food I consumed, did i learn enough, train hard enough.
dcoble on
Me prompting videos of an eel rapping and trash talking my fantasy football opponents didn’t contribute to the economy?
Specman9 on
But it is fake growth. Unproductive investment.
HippoFluid1378 on
Yes but they get to pay fewer humans so it’s a win in their minds.
vahntitrio on
What AI hopes to develop most is married to consumer hardware. Any gains with development will be offset in hardware delays caused by inavailability of memory that many consumer products need.
ImaginaryHospital306 on
People just now figuring out that either AGI fails and the bubble pops or AGI succeeds and we have 50% unemployment. I am STILL waiting for someone to explain how AI is beneficial for humanity. It’s been years and shouldn’t be hard to explain… still waiting.
Evernight2025 on
I’m shocked I tell you! Shocked!
UnknownSampleRate on
Big scam that’s needlessly killing jobs and making people stupider by the day.
vaguelysarcastic on
That’s because they aren’t in it for economic growth. Tech companies are falling in line with the government’s wet dream of mass surveillance. And AI goes hand in hand with that
LuckyHearing1118 on
it definitely froze hiring though
NaniIntensifies on
But guys they’re laying off people and offshoring (cost saving) while investing in AI (burning resources) that hasn’t been profitable yet. It will be worth it eventually, right guys? It will trickle down, right?
redvelvetcake42 on
„No fucking shit“ – someone who uses AI often enough to say it doesn’t have any value to 99.9% of people.
Maleficent_Ant_8895 on
Can’t wait for it to be revealed that OpenAI is basically creating a souped up version of Google search at the expense of hundreds of billions of dollars and 0 job creation
ZJL1986 on
Sam Altman facial expressions constantly looks like he clogged up the toilet and hopes no one has found out yet
Due-Conflict-7926 on
Been saying that all year but the libertarians:
No it’s going to transform the world, so much money in the stock market
zughzz on
Shocking things unsurprising. Corporations will always reap the advantages of technology.
FKreuk on
Just wait – it is an absolute game changer
deadblackgoose on
B..but the DOW is over 50000
-bondi
greendt on
Plz bro you don’t understand bro, just one more data center bro. Just one more hardware supply chain bro. Plz bro you just dont get it bro.
timmy166 on
Productivity gains lags way behind investments. Source: dotcom bubble.
lurch303 on
Of course it did not grow the economy. Unlike other advancements in technology it has not created large new areas of product that had yet to exist. Instead it primarily moves corporate software R&D expense from payroll to accounts payable. While also decreasing the value of the IP that corporation funded.
SublimeApathy on
But it sure did consume a lot of resources that us poors are paying for.
Ymirs-Bones on
Isn’t Golden Sachs planning on sacking people and going in on AI?
imaginary_num6er on
Yeah but GDP multiplied each time there was a new business transaction announcement
Avacado7145 on
AI is in its infancy. It’s not going anywhere.
howardcord on
Same goes with my two year old. In fact my two year old cost me money with nothing in return. Did you guys know you have to feed children? And clothe them too! I’m just glad my financial future and retirement is not based solely on my 2 year old taking over the entire global economy and making about 20% of all current jobs obsolete.
at0mheart on
That guy makes a search engine
That’s it
freddycheeba on
Hard to argue with that statement, but do I need to hear it from the same people who laundered money for Epstein? Like, can you not.
mowotlarx on
But they did lay off tens of thousands of workers and use AI as an excuse, so there’s that.
Wrong_Ad_2064 on
Both can be true at the same time:
– huge capex now (data centers, chips, power)
– weak measurable productivity gains in the short term
Infra spend shows up immediately. Broad productivity gains usually lag by years, especially when orgs are still in “pilot mode.”
Lunathistime on
Skill issue.
BobbaBlep on
one article says it replaces all the jobs, all people. one says 80 billion jobs lost to AI. And this article which is like AI hasn’t done shit. the economy is shit and they are blaming mass layoffs on AI replacements. they get cover and free advertising for AI. we aren’t falling for it.
limbodog on
It did, however, destroy a lot of jobs and legacy knowledge. So that’s something.
Smart-Response9881 on
Ah, time for another anti-AI circle jerk.
raygunner14 on
Take it from them they would know! They have first hand experience replacing staff with AI
jcstrat on
Did it subtract from growth?
MclovinBuddha on
I’m not going to believe that a company that fell behind on the AI boom is going to give an accurate report on the impact of AI on the economy
jandrese on
Well, at least the story isn’t about how AI replaced millions of actual people. It seems the stories about one AI agent replacing 100 programmers might have been overblown.
OneBillPhil on
AI feels like NFTs to me. Wow, you generated a bunch of pictures and useless shit that a human could do.
CGI_OCD on
Jfc this guy is a real life ghoul. Imeanlookathim!!
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43 Kommentare
It did add to last year’s GDP. Investment, i.e. Business Spending, is a major component of GDP. And the tech companies spent a shit ton of money on AI and AI centric equipment last year.
Weird given the massive amount of spending on commercial infrastructure including power generation, hardware and fiber.
One article says $650Bn spent and the next says nothing added to the GDP. Comedy hour.
Totally fine and sustainable and will in no way come crashing down
how does that balance with the food I consumed, did i learn enough, train hard enough.
Me prompting videos of an eel rapping and trash talking my fantasy football opponents didn’t contribute to the economy?
But it is fake growth. Unproductive investment.
Yes but they get to pay fewer humans so it’s a win in their minds.
What AI hopes to develop most is married to consumer hardware. Any gains with development will be offset in hardware delays caused by inavailability of memory that many consumer products need.
People just now figuring out that either AGI fails and the bubble pops or AGI succeeds and we have 50% unemployment. I am STILL waiting for someone to explain how AI is beneficial for humanity. It’s been years and shouldn’t be hard to explain… still waiting.
I’m shocked I tell you! Shocked!
Big scam that’s needlessly killing jobs and making people stupider by the day.
That’s because they aren’t in it for economic growth. Tech companies are falling in line with the government’s wet dream of mass surveillance. And AI goes hand in hand with that
it definitely froze hiring though
But guys they’re laying off people and offshoring (cost saving) while investing in AI (burning resources) that hasn’t been profitable yet. It will be worth it eventually, right guys? It will trickle down, right?
„No fucking shit“ – someone who uses AI often enough to say it doesn’t have any value to 99.9% of people.
Can’t wait for it to be revealed that OpenAI is basically creating a souped up version of Google search at the expense of hundreds of billions of dollars and 0 job creation
Sam Altman facial expressions constantly looks like he clogged up the toilet and hopes no one has found out yet
Been saying that all year but the libertarians:
No it’s going to transform the world, so much money in the stock market
Shocking things unsurprising. Corporations will always reap the advantages of technology.
Just wait – it is an absolute game changer
B..but the DOW is over 50000
-bondi
Plz bro you don’t understand bro, just one more data center bro. Just one more hardware supply chain bro. Plz bro you just dont get it bro.
Productivity gains lags way behind investments. Source: dotcom bubble.
Of course it did not grow the economy. Unlike other advancements in technology it has not created large new areas of product that had yet to exist. Instead it primarily moves corporate software R&D expense from payroll to accounts payable. While also decreasing the value of the IP that corporation funded.
But it sure did consume a lot of resources that us poors are paying for.
Isn’t Golden Sachs planning on sacking people and going in on AI?
Yeah but GDP multiplied each time there was a new business transaction announcement
AI is in its infancy. It’s not going anywhere.
Same goes with my two year old. In fact my two year old cost me money with nothing in return. Did you guys know you have to feed children? And clothe them too! I’m just glad my financial future and retirement is not based solely on my 2 year old taking over the entire global economy and making about 20% of all current jobs obsolete.
That guy makes a search engine
That’s it
Hard to argue with that statement, but do I need to hear it from the same people who laundered money for Epstein? Like, can you not.
But they did lay off tens of thousands of workers and use AI as an excuse, so there’s that.
Both can be true at the same time:
– huge capex now (data centers, chips, power)
– weak measurable productivity gains in the short term
Infra spend shows up immediately. Broad productivity gains usually lag by years, especially when orgs are still in “pilot mode.”
Skill issue.
one article says it replaces all the jobs, all people. one says 80 billion jobs lost to AI. And this article which is like AI hasn’t done shit. the economy is shit and they are blaming mass layoffs on AI replacements. they get cover and free advertising for AI. we aren’t falling for it.
It did, however, destroy a lot of jobs and legacy knowledge. So that’s something.
Ah, time for another anti-AI circle jerk.
Take it from them they would know! They have first hand experience replacing staff with AI
Did it subtract from growth?
I’m not going to believe that a company that fell behind on the AI boom is going to give an accurate report on the impact of AI on the economy
Well, at least the story isn’t about how AI replaced millions of actual people. It seems the stories about one AI agent replacing 100 programmers might have been overblown.
AI feels like NFTs to me. Wow, you generated a bunch of pictures and useless shit that a human could do.
Jfc this guy is a real life ghoul. Imeanlookathim!!