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Investors expect AI use to soar. That's not happening

https://www.economist.com/finance-and-economics/2025/11/26/investors-expect-ai-use-to-soar-thats-not-happening
29•gaius_baltar•53m ago

Comments

gaius_baltar•52m ago
Clean link: https://archive.is/lHoGG
1vuio0pswjnm7•45m ago
Alternative to archive.is

   x="Mozilla/5.0 (Linux; Android 14) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/127.0.6533.103 Mobile Safari/537.36 Lamarr"
   y=https://www.economist.com/finance-and-economics/2025/11/26/investors-expect-ai-use-to-soar-thats-not-happening
   busybox wget -U $x -O 1.htm $y
   firefox ./1.htm
gaius_baltar•35m ago
Thanks, I didn't know this trick! Perhaps soon we'll need to keep lists of per-site white-listed user agents...
p1mrx•10m ago
There's no way that could work. $x expands to multiple arguments.
david927•37m ago
I watched the Google interview with Ilya yesterday and this came up. There's a large disconnect between the evals and the real-world performance, and he admitted that the evals are targeted.

There was a storm of hype the last couple weeks for Gemini 3 and everyone, correctly, rolled their eyes. Investors are demanding a return and it's not happening. They're just going to have to face reality at some point.

techblueberry•27m ago
I was wondering if AI was essentially the last hype cycle, that’s what it’s sort of been billed as, the tech that can do everything, but I guess robotics could be a next big thing to replace it, basically applied AI.
bsenftner•14m ago
The scheduled hype cycles have AI+genetics turning each form of life into a programmable platform after robotics.
phkahler•11m ago
>> I was wondering if AI was essentially the last hype cycle

The next hype wants to be quantum computing, but its just not there yet - never mind the lack of real-world applications.

I thought nVidia would start promoting GPUs (whole data centers) to run classical simulations of QC to develop the applications while real hardware gets figured out.

htrp•16m ago
> Google interview?

did he do something other than that podcast?

otterdude•16m ago
did you forget up is down and down is up?
tagami•4m ago
Anti-matter
venturecruelty•6m ago
Unfortunately, investors facing reality means homelessness for the rest of us. Maybe the real treasure was the billions of dollars we made along the way. :)
chrsw•12m ago
It will probably take decades for machine learning to transform the way we live and work.
slibhb•9m ago
Yes, just like computers and later the internet. The technology always preceeds the cultural/economic changes by decades.
zkmon•11m ago
There is something called hype curve that doesn't always go up.
hintymad•10m ago
What is the definition of "soaring"? The charts in the article showed that the percentage of the companies that adopt AI for automation has increase 3X. At least 40% of the companies pay for GenAI, and at least 10% of the employees use GenAI daily. Combined with the fact that the companies like OpenAI and Anthronpic frequently run out of capacity, how is the AI use not soaring?
outside1234•7m ago
Those two sets of facts can be true at the same time.

40% of companies and 10% of employees can be using AI daily, but just for a small amount of tasks, and that usage can be leveling off.

At the same time, AI can be so inefficient that servicing this small amount of usage is running providers out of capacity.

This is a bad combination because it points to the economic instability of the current system. There isn't enough value to drive higher usage and/or higher prices and even if there was, the current costs are exponentially higher.

_pdp_•8m ago
Anecdotally, I use a lot more AI then ever before - at least 5x more - hard to measure.
bossyTeacher•5m ago
As soon as every big corp started stuffing their UIs with AI buttons, we all knew it was investors pushing for AI use to go sky high without a care for the nuances of the current state of AI. The reality is that AI usage isn't as impactful as it was promised. Where is the productivity increase in being able to generate a picture via some prompt? When deep research could contain hallucinated text or references, where is the productivity increase? It is undeniable that these tools have uses but when you look at all the investment made into this tech, the outcomes are not great.
dpedu•5m ago
Is it not soaring? I can't think of a recent time a new technology was invented and I began using it almost every day, and I don't even consider myself that heavy of a user of AI.

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Investors expect AI use to soar. That's not happening

https://www.economist.com/finance-and-economics/2025/11/26/investors-expect-ai-use-to-soar-thats-...
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