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Microsoft CEO Admits That AI Is Generating Basically No Value
(ca.finance.yahoo.com)
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this post was submitted on 26 Feb 2025
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My theory is it's only a matter of time until the firing sprees generate enough backlog of actual work that isn't being realised by the minor productivity gains from AI until the investors start asking hard questions.
Maybe this is the start of the bubble bursting.
I’ve basically given up hope of the bubble ever bursting, as the market lives in La La Land, where no amount of bad decision-making seems to make a dent in the momentum of “line must go up”.
Would it be cool for negative feedback to step in and correct the death spiral? Absolutely. But, I advise folks to not start holding their breath so soon…