A simple skeptical summary of what the current generation of AI has accomplished to date—economically—relative to the huge investment in hardware and brains. Y

A simple skeptical summary of what the current generation of AI has accomplished to date—economically—relative to the huge investment in hardware and brains. You have probably already read this kind of “money only” analysis (there was a better thinktank HN link last week on the topic of the massive investment overhang of about 500 billion dollars). The Economist piece also asks (with almost tacit disappointment) why AI has not already allowed us to lay off many more employees. This is only puzzling if the time-horizon of an analysis is measured in months (or at most a few years) and if you think of the world economy as a nimble gazelle. There is plenty of work to keep humans busy and even satisfied with their lives. We just need a lot more human intelligence and cooperation to adapt to AIs impending impact. And keep it safe. It will make the 500 billion dollar investment overhang look like a small blip.