The A.I.-Profits Drought and the Lessons of History | The New Yorker Highlight

According to a recent survey carried out by economists at Stanford, Clemson, and the World Bank, in June and July of this year, almost half of all workers—45.6 per cent, to be precise—were using A.I. tools. And yet, a new study, from a team of researchers associated with M.I.T.’s Media Lab, reports, “Despite $30 - $40 billion in enterprise investment into GenAI, this report uncovers a surprising result in that 95% of organizations are getting zero return.”