Microsoft CEO Satya Nadella, whose company has invested billions of dollars in ChatGPT maker OpenAI, has had it with the constant hype surrounding AI. During an appearance on podcaster Dwarkesh Patel's show this week, Nadella offered a reality check, arguing that OpenAI's long-established goal of establishing "artificial general intelligence," (AGI) an ill-defined term that roughly denotes the point at which an AI can best humans on an intellectual level, is nonsense. "Us self-claiming some AGI

“The real benchmark is: the world growing at 10 percent,” he added. “Suddenly productivity goes up and the economy is growing at a faster rate. When that happens, we’ll be fine as an industry.”

Needless to say, we haven’t seen anything like that yet. OpenAI’s top AI agent — the tech that people like OpenAI CEO Sam Altman say is poised to upend the economy — still moves at a snail’s pace and requires constant supervision.

  • Mak'@pawb.socialEnglish
    321·
    11 hours ago

    Very bold move, in a tech climate in which CEOs declare generative AI to be the answer to everything, and in which shareholders expect line to go up faster…

    I half expect to next read an article about his ouster.

    • scarabic@lemmy.worldEnglish
      2·
      18 minutes ago

      If it seems odd for him to suddenly say that all this AI stuff is bullshit, that’s because he didn’t. He said it hasn’t boosted the world economy on the order of the Industrial revolution - yet. There is so much hype around this, and he’s on the line to deliver actual results. So it’s smart for him to take a little air out of the hype ballon. But the article headline is a total misrepresentation of what he said. He said we are still waiting for the hype to become reality, in the form of something obvious and impossible to miss, like the world economy shooting up 10% across the board. That’s very very different from “no value.”

    • enkers@sh.itjust.worksEnglish
      6·
      8 hours ago

      My theory is it’s only a matter of time until the firing sprees generate enough backlog of actual work that isn’t being realised by the minor productivity gains from AI until the investors start asking hard questions.

      Maybe this is the start of the bubble bursting.

      • Mak'@pawb.socialEnglish
        3·
        4 hours ago

        I’ve basically given up hope of the bubble ever bursting, as the market lives in La La Land, where no amount of bad decision-making seems to make a dent in the momentum of “line must go up”.

        Would it be cool for negative feedback to step in and correct the death spiral? Absolutely. But, I advise folks to not start holding their breath so soon…