[gyanchawdhary]

yeah, no.

Here is the original quote from their head of equity stratigy ..

AI technology is exceptionally expensive, and to justify those costs, the technology must be able to solve complex problems, which it isn’t designed to do. - Jim Covello

“complex problem” isnt an objective standard, and some rando GS "stratigist of equities" certainly doesn’t get to define it .. reality already disagrees with him .. and plenty of real usecases show AI solving interesting non-trivial problems ..

[nateglims]

Reality doesn't disagree with him in that the ROI is still not here yet. Maybe the coming replacement of software engineers will start to ramp up equity gains due to productivity, but it's real hard to get there by replacing your receptionists and lowest tier of support personnel.

[tliltocatl]

> plenty of real usecases show AI solving interesting non-trivial problems ..

Such as? Generating tons of spam? Generating tons of boilerplate code (which shouldn't have been necessary if the industry haven't been valuing coders' fungibility above development time)? Adult content is probably the only usecase so far that isn't automating away what should never be done in the first place.

[palmotea]

> Adult content is probably the only usecase so far that isn't automating away what should never be done in the first place.

AI models are making porn. I there are "nudify" apps (basically undress social media pics) and a rush to ban them.

[gyanchawdhary]

you're conflating “usecases I don’t like” with “no usecases”

[tliltocatl]

It's not about whatever I like them or not. It is about "will it pay for itself"?

[gyanchawdhary]

Nah, that’s not how you started with your response. And regardless you and that articles thesis is playing out wrong ;)