One of the world's largest investment banks wonders if generative AI will be worth the huge investment and hype: "will this large spend ever pay off?"

I mean, the rest of the world has been hyping AI since the start, no? Most companies are not run by billionaires.

American Psycho (Sam Altman) and his chorus have been hyping AI and the rest of the world’s reaction has ranged from “these guys seem smart and chatgpt is impressive so what do I know?” to “isn’t this guy a bitcoin bro?”

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