AI return on investment: Since the last three years, companies around the world have invested between $30 billion and $40 billion into generative AI projects, but according to a new study from the Massachusetts Institute of Technology, 95% of the companies part of the study reported zero measurable gains from adopting AI tools, as per a report.
https://economictimes.indiatimes.com.../123440305.cms
A new study from Stanford economists just confirmed what every anxious new grad already suspects: AI is not replacing all jobs. It is replacing yours.
In the first large-scale analysis of real payroll data since ChatGPT went viral, researchers at Stanford and the NBER found that entry-level workers in AI-exposed jobs have seen a 13% drop in employment since late 2022. The kicker? Everyone else is doing fine.
https://www.interviewquery.com/p/ai-...try-level-jobs
' “AI is not killing jobs,” the data says. “It is killing entry-level jobs.” '
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