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127

95% of Companies See ‘Zero Return’ on $30 Billion Generative AI Spend, MIT Report Finds (thedailyadda.com)

submitted 8 months ago by BigBoyKarlLiebknecht@hexbear.net to c/technology@hexbear.net

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[–] AernaLingus@hexbear.net 31 points 8 months ago* (last edited 8 months ago) (3 children)

Blog post from June 2024 entitled "I Will Fucking Piledrive You If You Mention AI Again" (sequel to the hit post "I Will Fucking Dropkick You If You Use That Spreadsheet"):

Yesterday, I was shown Scale's "2024 AI Readiness Report". It has this chart in it:

[Text table version of chart]

Category Percentage

Org process efficiency 62%

Customer experience 59%

Ability to develop new products or services 47%

Functionality of existing products or services 43%

Collaboration across business functions 40%

Strategic decision making 34 %

Profit 34%

Revenue 32%

We have not seen positive outcomes 8%

We have not implemented generative AI 7%

How stupid do you have to be to believe that only 8% of companies have seen failed AI projects? We can't manage this consistently with CRUD apps and people think that this number isn't laughable? Some companies have seen benefits during the LLM craze, but not 92% of them. 34% of companies report that generative AI specifically has been assisting with strategic decision making? What the actual fuck are you talking about? GPT-4 can't even write coherent Elixir, presumably because the dataset was too small to get it to the level that it's at for Python^[And we can argue about its Python quality too.], and you're admitting that you outsource your decisionmaking to the thing that sometimes tells people to brew lethal toxins for their families to consume? What does that even mean?

Category	Percentage
Org process efficiency	62%
Customer experience	59%
Ability to develop new products or services	47%
Functionality of existing products or services	43%
Collaboration across business functions	40%
Strategic decision making	34 %
Profit	34%
Revenue	32%
We have not seen positive outcomes	8%
We have not implemented generative AI	7%

edit: added article title

[–] Chana@hexbear.net 31 points 8 months ago (1 children)

I assume this is a survey of management and C-suite types, too. Notoriously incompetent at actually managing production in any industry trying to adopt "AI". These are the kind of people who ask ChatGPT to rewrite their emails and think this means "process efficiency". And you just know that "customet experience" means they think they can get away with firing at least half their customer service staff (they can't, but they think they can).

[–] Self_Sealing_Stem_Bolt@hexbear.net 17 points 8 months ago (1 children)

https://www.theregister.com/2025/07/11/ai_code_tools_slow_down/

People perceive themselves as working faster with "ai" help, but in reality, they are slower. Yeah, management types probably still think ai is the future and not just the latest speculative bubble

[–] Imacat@lemmy.dbzer0.com 17 points 8 months ago

I once watched my former dept head spend 15 minutes coaxing ChatGPT into writing SQL statements to copy a couple tables. He was thrilled about it. I wanted a meteor to instantly kill the both of us.

[–] ShimmeringKoi@hexbear.net 14 points 8 months ago (1 children)

I know you want to be the next Steve Jobs, and this requires you to get on stages and talk about your innovative prowess, but none of this will allow you to pull off a turtle neck, and even if it did, you would need to replace your sweaters with fullplate to survive my onslaught.

This has Seanbaby vibes that I really connect with

[–] SchillMenaker@hexbear.net 6 points 8 months ago (1 children)

I always thought the same thing. Turns out the guy is Australian which for whatever reason blew my mind.

[–] jack@hexbear.net 4 points 8 months ago (1 children)

Australians can write?

[–] Damarcusart@hexbear.net 4 points 8 months ago

We usually get stuff transcribed by local wildlife. I know a magpie that is pretty good on the keyboard, shits everywhere, but not as much as the cockatoo did.

[–] HexReplyBot@hexbear.net 1 points 8 months ago

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