38 pointsby u1hcw9nx16 days ago7 comments
  • alexc0516 days 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...

    • 16 days ago
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  • biophysboy16 days ago
    The recent JP morgan "Eyes on the Market" report on the AI boom is a better alternative to this.
  • deadbishop16 days ago
    From 2024
  • piker16 days ago
    June 2024
    • ares62316 days ago
      Phew. Things are completely different now.
  • lostmsu16 days ago
    I take Goldman Sachs reports like this as a strong signal to buy.
  • 16 days ago
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  • gyanchawdhary16 days ago
    The banker wankers got it completely wrong
    • nateglims16 days 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.
      • gyanchawdhary16 days 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 ..

        • nateglims15 days ago
          Reality doesn't disagree with him in that the ROI is still not here yet. Maybe the coming replacement of software engineers will start to ramp up equity gains due to productivity, but it's real hard to get there by replacing your receptionists and lowest tier of support personnel.
        • tliltocatl16 days 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.

          • palmotea16 days 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.

          • gyanchawdhary16 days ago
            you're conflating “usecases I don’t like” with “no usecases”
            • tliltocatl16 days ago
              It's not about whatever I like them or not. It is about "will it pay for itself"?
              • gyanchawdhary15 days ago
                Nah, that’s not how you started with your response. And regardless you and that articles thesis is playing out wrong ;)
    • badgersnake16 days ago
      Nah, seems increasingly accurate. Spend keeps going up, successful projects in production not so much.
      • gyanchawdhary16 days ago
        lack of visibility != lack of deployment
        • badgersnake15 days ago
          Companies all quietly agrees to stop talking about their successes. Right.
    • 16 days ago
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    • lotsofpulp16 days ago
      They’ve gotten it wrong since 2008. GS couldn’t even figure out the credit card business.