Post by @carusb@mastodon.scot
This analyst's report from Apollo about AI uses the term "S&P 493" to refer to the "S&P 500 minus the Mag 7" - because if you take out the AI companies, the S&P 500 is tanking. https://www.apollo.com/wealth/insights-news/insights/daily-spark/no-signs-of-ai-payoff-outside-the-tech-sector
@pluralistic Liked this from that report: "Perhaps most importantly, AI does not understand accountability, trust, culture, unwritten rules, ethical trade-offs or fairness, all of which shape reputational risk and ultimately drive revenue growth and profit margins."
@carusb @pluralistic I'm quite certain that the things we're currently calling AI are often used as a means of dodging said accountability. It's the modern-day "the devil made me do it."