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Goldman Sachs Is Wrong About AI (Why AI Isn't A Bubble)
The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis
Challenging the Skepticism on AI's Future Impact
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Life-changing inventions like the internet disrupted high-cost solutions even in their infancy, unlike costly AI tech today. Doubt is cast on AI's cost reduction potential for automation, as starting costs are high and critical inputs like GPU chips are complex to build. The skepticism extends to the valuation boost for companies using AI, seeing efficiency gains as short-lived due to competition and revenue enhancement as unclear. Furthermore, doubts are raised on AI's ability to replicate humans' most valuable capabilities using models trained on historical data.
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Discover
highlights
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