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@nixCraft@mastodon.social

2026-10-25 02:22 UTC

Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech. Revenue per worker is rising for the Mag 7 but is flat for the S&P 493. And there are still no signs of AI boosting productivity growth https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector i can’t wait to see how this all goes down between wars, inflation, job losses and AI. Tiny percentage of humans always have unleashed hell on the rest of us out of greed

Replies (7)

  • @dmarti@federate.social 2026-10-25 04:20

    @nixCraft@mastodon.social And revenue/worker is sus as a metric anyway—they can easily juice it by doing unsustainable layoff frenzies and lowering the denominator

    Open ##5234386

  • @pxmind@social.linux.pizza 2026-10-25 06:42

    @nixCraft@mastodon.social For the average person, AI is a commodity, a comfortable way to google, and a tool to quickly build average content with questionable precision. As a result, what we get is lazier individuals, and the internet bloated with mediocre articles, which feed random answers. Productivity is not higher, because we end up using the spare time for other stuff, and the worst part is the loss in content quality, not to mention the risk to lose our jobs

    Open ##5235679

  • @dianea@mastodon.bsd.cafe 2026-10-25 06:59

    @nixCraft@mastodon.social a friend told me today that her boss required her to use AI for her job, an engineer's job, a job that can kill people. AI does not hold an engineering license, AI does not take depositions, sit in the courtrooms, or go to prison when people die, But her boss uses AI as their AI fueled investors are on the AI hypewagon.

    Open ##5235852

  • @uvok@woof.tech 2026-10-25 07:40

    @nixCraft@mastodon.social Elon Musk & co: "... What do you mean, 'outside of tech'?" /s #shitpost

    Open ##5236154

  • @IviChoc@mastodon.online 2026-10-25 07:53

    @nixCraft@mastodon.social "Tiny percentage of humans always have unleashed hell and the overwhelming majority of us supported them out of greed" Here, I fixed it for you. You're welcome. The main problem is the majority of folks, thinking they can have a slice of the cake somehow. (We must organize our neighborhoods to small,resilient communities based on mutual help, self sufficient, interconnected, supportive to each other. Nothing else will work.)

    Open ##5236290

  • @gimulnautti@mastodon.green 2026-10-25 08:58

    @nixCraft@mastodon.social ’Engineer’s Disease’, or falsely assuming your expertise in your narrow field allows you to make predictions about the rest of the world.

    Open ##5237001

  • @nixCraft@mastodon.social I remember when personal computers were introduced and word processing became widespread. There was at that time a concern about missing productivity. It seemed that in studies, people found the time to produce a letter with word processing was actually the same as with a typewriter. Despite the difficulty of corrections and sometimes the necessity of completely retyping something, people were taking just as long when they could quickly do an edit and a print. 1/2

    Open ##5242170