AI brought nothing

Gizmodo tells us AI Added ‘Basically Zero’ to US Economic Growth Last Year, Goldman Sachs Says:

Meta, Amazon, Google, OpenAI, and other tech companies spent billions last year investing in AI. They’re expected to spend even more, roughly $700 billion, this year on dozens of new data centers to train and run their advanced models.

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Briggs’ colleague, Goldman Sachs Chief Economist Jan Hatzius, said in an interview with the Atlantic Council that AI investment spending has had “basically zero” contribution to the U.S. GDP growth in 2025.

That’s right. Replacing workers, burning the planet, speculating on the hardware buy buying it with vapour. And this lead to no growth in U.S. GDP?

Beside the fact that growth of GDP is only a metric that favour the rich, it is telling that the tech pushed down our throat for the so called economy (i.e. if you don’t do it you are left behind) actually resulted in nothing.

A recent survey of nearly 6,000 executives in the U.S., Europe, and Australia found that despite 70% of firms actively using AI, about 80% reported no impact on employment or productivity.

Not even trying.