That is not at all what he said. He said that creating some arbitrary benchmark on the level or quality of the AI, (e.g.: as it's as smarter than a 5th grader or as intelligent as an adult) is meaningless. That the real measure is if there is value created and out out into the real world. He also mentions that global growth is up by 10%. He doesn't provide data that correlates the grow with the use of AI and I doubt that such data exists yet. Let's not just twist what he said to be "Microsoft CEO says AI provides no value" when that is not what he said.

microsoft rn:

✋ AI

👉 quantum

can't wait to have to explain the difference between asymmetric-key and symmetric-key cryptography to my friends!

Correction, LLMs being used to automate shit doesn't generate any value. The underlying AI technology is generating tons of value.

AlphaFold 2 has advanced biochemistry research in protein folding by multiple decades in just a couple years, taking us from 150,000 known protein structures to 200 Million in a year.

I've been working on an internal project for my job - a quarterly report on the most bleeding edge use cases of AI, and the stuff achieved is genuinely really impressive.

So why is the AI at the top end amazing yet everything we use is a piece of literal shit?

The answer is the chatbot. If you have the technical nous to program machine learning tools it can accomplish truly stunning processes at speeds not seen before.

If you don't know how to do - for eg - a Fourier transform - you lack the skills to use the tools effectively. That's no one's fault, not everyone needs that knowledge, but it does explain the gap between promise and delivery. It can only help you do what you already know how to do faster.

Same for coding, if you understand what your code does, it's a helpful tool for unsticking part of a problem, it can't write the whole thing from scratch

That's because they want to use AI in a server scenario where clients login. That translated to American English and spoken with honesty means that they are spying on you. Anything you do on your computer is subject to automatic spying. Like you could be totally under the radar, but as soon as you say the magic words together bam!...I'd love a sling thong for my wife...bam! Here's 20 ads, just click to purchase since they already stole your wife's boob size and body measurements and preferred lingerie styles. And if you're on McMaster... Hmm I need a 1/2 pipe and a cap...Better get two caps in case you cross thread on.....ding dong! FBI! We know you're in there! Come out with your hands up!

He probably saw that softbank and masayoshi son were heavily investing in it and figured it was dead.

Very bold move, in a tech climate in which CEOs declare generative AI to be the answer to everything, and in which shareholders expect line to go up faster…

I half expect to next read an article about his ouster.

LLMs in non-specialized application areas basically reproduce search. In specialized fields, most do the work that automation, data analytics, pattern recognition, purpose built algorithms and brute force did before. And yet the companies charge nx the amount for what is essentially these very conventional approaches, plus statistics. Not surprising at all. Just in awe of how come the parallels to snake oil weren't immediately obvious.

R&D is always a money sink

Makes sense that the company that just announced their qbit advancement would be disparaging the only "advanced" thing other companies have shown in the last 5 years.