This is a most excellent place for technology news and articles.
It is how its done today.
Every semi-big or big corpos gamble their money trying to be the one coming on top and capture the market.
So it is not surprising to see that.
Return? /s
30-40 billion USD in total worldwide over three years seems very little compared to the massive expenditures by the AI companies to build the things?
The link in the article to the MIT report doesn't directly link to any report. I wouldn't trust this article until the report is accessible and verifiable.
Every technology invented is a dual edge sword. Other edge propulses deluge of misinformation, llm hallucinations, brain washing of the masses, and exploit exploit for profit. The better side advances progress in science, well being, availbility of useful knowledge. Like the nuclerbomb, LLM "ai" is currenty in its infancy and is used as a weapon, there is a literal race to who makes the "biggest best" fkn "AI" to dominate the world. Eventually, the over optimistic buble bursts and reality of the flaws and risks will kick in. (Hopefully...)
MANY companies aren’t profitable for several years. The one I work at wasn’t for 2 decades. It’s a long game.
For me that aren't good with scripting AI can actually fill a educational role. Or at least point me in correct direction so I can complete the rest myself.
I feel like we could find ways and tools to help in that situation without stealing the entirety of human knowledge, boiling our planet, and spending a small nation's GDP. Like better code library discovery or a better mentor environment amongst coders.
I've also seen plenty of people get pointed in the exact wrong way to do things by leaning on generative AI and then have to spend even more time getting back on track.
