Why Companies Wasted $600 Billion on AI That Doesn't Work
Автор: Dr. Josh C. Simmons
Загружено: 2026-02-19
Просмотров: 5537
Описание:
$600 billion in corporate AI spending. 6,000 CEOs surveyed across four countries. The result? 90% report zero impact on employment or productivity. A new peer-reviewed NBER study just confirmed what skeptics have been saying for months, and it echoes a pattern we've seen before: Solow's Paradox from 1987, when computers were everywhere but productivity gains were nowhere.
I break down the study, explain the circular funding bubble between NVIDIA, OpenAI, and the hyperscalers, and give my honest take on where AI tools actually help vs. where the hype falls apart.
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TIMESTAMPS:
0:00 The $600 Billion Restaurant Bill
1:45 The NBER Study: What 6,000 CEOs Actually Said
4:15 Solow's Paradox: We've Seen This Before
6:30 The Circular Funding Bubble Explained
8:45 Why Individual AI Gains Don't Scale
10:30 When Does This Bubble Actually Pop?
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