My view is that AI does offer much, and the likes of Goldman Sachs are running scared as people may use the technology to free themselves.
https://www.cityam.com/goldman-sachs-tony-blair-is-wrong-on-ai-its-not-going-to-save-the-uk-economy/
Goldman Sachs has published a paper stating that AI’s productivity benefits and returns are likely to be significantly more limited than anticipated, while its power demands will be so great that utility companies will have to spend almost 40 per cent more in the next three years to keep up with demand.
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