The huge gains for companies from AI don’t seem to … exist. McKinsey says: “Nearly eight in ten companies report using gen AI — yet just as many report no significant bottom-line impact.” [Mc…
I found this article in Fortune that similarly says 95% of GenAI pilots at companies fail to have a positive impact on the bottom line. They spend a lot of ink trying to sidestep the obvious explanation in favor of talking about the ways people are probably just prompting it wrong, and I couldn’t be bothered to fill out the form asking MIT’s group for access to the underlying report.
Even to the extent that they are “prompting it wrong” it’s still on the AI companies for calling this shit “AI”. LLMs fundamentally do not even attempt to do cognitive work (the way a chess engine does by iterating over possible moves).
Also, LLM tools do not exist. All you can get is a sales demo for the company stock (the actual product being sold), built to impress how close to AGI the company is. You have to creatively misuse these things to get any value out of them.
The closest they get to tools is “AI coding”, but even then, these things plagiarize code you don’t even want plagiarized (because its MIT licensed and you’d rather keep up with upstream fixes).
I found this article in Fortune that similarly says 95% of GenAI pilots at companies fail to have a positive impact on the bottom line. They spend a lot of ink trying to sidestep the obvious explanation in favor of talking about the ways people are probably just prompting it wrong, and I couldn’t be bothered to fill out the form asking MIT’s group for access to the underlying report.
Even to the extent that they are “prompting it wrong” it’s still on the AI companies for calling this shit “AI”. LLMs fundamentally do not even attempt to do cognitive work (the way a chess engine does by iterating over possible moves).
Also, LLM tools do not exist. All you can get is a sales demo for the company stock (the actual product being sold), built to impress how close to AGI the company is. You have to creatively misuse these things to get any value out of them.
The closest they get to tools is “AI coding”, but even then, these things plagiarize code you don’t even want plagiarized (because its MIT licensed and you’d rather keep up with upstream fixes).
I blame Paul Simon /s