#laborproductivity — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #laborproductivity, aggregated by home.social.
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AI Is Failing At An Overwhelming Majority of Companies Using It, MIT Study Finds
Getty / Futurism With AI software increasingly hogging the enterprise spotlight, companies and investors are spending like never before. In the first half of 2025, AI startups raised over $44 billion, more than all of 2024 combined. By the end of this year, a Goldman Sachs analysis estimates that total investments in AI will soar to almost $200 billion But all that money is, to put it gently, a reckless gamble. In the US at least, investors have essentially bet the farm on the idea […] -
#GoldmanSachs sees AI as the #NextBigThing and isn’t blinking as it dumps investments into the #ArtificialIntelligence abyss... Analysts expect AI adoption to lift U.S. #LaborProductivity by 15% "once the #technology takes hold", and while #economics ( and environmental costs) are dubiously dirty & egregiously expensive, getting on board now is cheaper bet for itchy #Investors than missing out on the next #IndustrialRevolution.
https://www.ne16.com/t/9649975/217644891/8114710/0/1009235/?f5d63f87
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Canada's Q2 Labor Productivity fell by 0.2%, slightly worse than the -0.1% forecast but an improvement from the previous -0.3%. #Canada #LaborProductivity #CdnEcon