Goldman Research Head Skeptical on AI Returns Despite Massive Spend

Slashdot
By msmashJul 8, 2024, 3:30 pm139 pts
Goldman Sachs' head of global equity research Jim Covello has expressed skepticism about the potential returns from AI technology, despite an estimated $1 trillion in planned industry investment over the coming years. In a recent report [PDF], Covello argued that AI applications must solve complex, high-value…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

I've been a Windows user for over 15 years — these are the 7 key things to check on a new gaming PC

TechRadar

I've been a Windows user for over 15 years — these are the 7 key things to check on a new gaming PC 129

Trump’s war on offshore wind faces another lawsuit

The Verge

Trump’s war on offshore wind faces another lawsuit 128

LG’s Monstrous 52-Inch 5K Gaming Monitor Will Swallow Up Your Desk

Gizmodo

LG’s Monstrous 52-Inch 5K Gaming Monitor Will Swallow Up Your Desk 126

‘Stranger Things’ Star Jamie Campbell Bower on Playing Vecna’s Variations

Gizmodo

‘Stranger Things’ Star Jamie Campbell Bower on Playing Vecna’s Variations 126

High severity flaw in MongoDB could allow memory leakage

InfoWorld

High severity flaw in MongoDB could allow memory leakage 122

As AI Companies Borrow Billions, Debt Investors Grow Wary

Slashdot

As AI Companies Borrow Billions, Debt Investors Grow Wary 114

AI's Hunger For Memory Chips Could Shrink Smartphone and PC Sales in 2026, IDC Says

Slashdot

AI's Hunger For Memory Chips Could Shrink Smartphone and PC Sales in 2026, IDC Says 112

Scientists Make Material That Can Morph Into Anything With the Pull of a String

Gizmodo

Scientists Make Material That Can Morph Into Anything With the Pull of a String 101

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.

Featured

Harlan Coben's Run Away is the New…

Harlan Coben's Run Away is the New Year's Day Netflix binge that will break your…

Tesla FSD fleet is nearing 7 billion…

Tesla FSD fleet is nearing 7 billion total miles, including 2.5 billion city…

New York State will require warning…

New York State will require warning labels on social media platforms

Podcast: Tesla’s mission is no longer…

Podcast: Tesla’s mission is no longer ‘sustainable’, VW Buzz lives, and more

Oracle’s AI Push Is Leading to Its…

Oracle’s AI Push Is Leading to Its Worst Quarter Since 2001

FFmpeg Developer Files DMCA Against…

FFmpeg Developer Files DMCA Against Rockchip After Two-Year Wait for License Fix

Starlink Rival Launches Its Largest…

Starlink Rival Launches Its Largest Satellite Yet for Space-Based Cellular…

How the ‘Demon Slayer’ Studio Broke…

How the ‘Demon Slayer’ Studio Broke Laws of Anime Physics to Bring…

Elon Musk Says He’s Removing…

Elon Musk Says He’s Removing ‘Sustainable’ From Tesla’s Mission

Stop the slop by disabling AI features…

Stop the slop by disabling AI features in Chrome