The End Of Investors’ GenAI Honeymoon
From Goldman to Sequoia, investors are questioning whether the massive investment in AI will ever pay off.
Late last month, Goldman Sachs published a remarkable, thirty-two page report wondering aloud whether all the investment in AI is worth it.
It asked, “GenAI: too much spend, too little benefit?” and placed a skeptical interview with MIT economist Daron Acemoglu right at the top. In the conversation, Acemoglu questioned the scaling laws boosted by GenAI …