Silicon Valley’s tech bros are having a troublesome few weeks. A rising variety of buyers fear that artificial intelligence (AI) is not going to ship the huge earnings they search. Since peaking final month the share costs of Western companies driving the ai revolution have dropped by 10%. A rising variety of observers now query the constraints of huge language fashions, which energy providers resembling ChatGPT. Massive tech companies have spent tens of billions of {dollars} on ai fashions, with much more extravagant guarantees of future outlays. But in response to the newest knowledge from the Census Bureau, solely 5.1% of American firms use ai to provide items and providers, down from a excessive of 5.4% early this 12 months. Roughly the identical share intend to take action within the coming months.
