AI revolution: Winter of disillusion on the horizon?
Capital Ideas Podcast
AI Adoption: Hype vs. Reality
This chapter explores the hesitant pace of AI adoption among US enterprises, revealing that only 5% have integrated AI despite advancements in technology. It discusses the complex implications of generative AI on jobs and productivity, emphasizing that historical patterns suggest technological progress may create new roles rather than lead to significant job losses. Furthermore, the chapter highlights the substantial infrastructure needs for AI, especially copper, and the challenges of aligning energy capacity with emerging demands.
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