In the rush to cash in on the generative artificial intelligence gold rush, one possible outcome of AI’s future rarely gets discussed: what if the technology never works well enough to replace your co-workers, companies fail to use AI well or most AI startups simply fail?
Current estimates suggest big AI firms face a US$800 billion dollar revenue shortfall.
So far, genAI’s productivity gains are minimal and mostly for programmers and copywriters. GenAI does some neat, helpful things, but it’s not yet the engine of a new economy.
