To date, AI industry spending has topped $1.6 trillion, and shows no sign of slowing anytime soon.
So what do we actually have to show for it? Historically, it’s been a whole lot of nothing: as numerous studies have shown us, tools like AI chatbots and autonomous agents have been ineffective at completing real world tasks in a competent way.
The tech industry insists that’s all about to change within the next few years, as AI’s capabilities grow by leaps and bounds, enabling economic growth the likes of which the world has never seen. But is it really?
Not necessarily. A new study out of the University of California Berkeley’s Center for Responsible, Decentralized Intelligence — flagged by the College Fix — shows that frontier AI tools of all makes and models are still incapable of completing the vast majority of workplace tasks at an acceptable level, throwing a major wrench in the tech industry’s assertions that the AI revolution is imminent.
