Study finds little measurable financial return from AI spending so far

A new study finds it remains "very difficult [to find] actual, materially measurable financial impacts" from AI spending, according to a report by Laura Bratton at The Information.

The newsletter says there is zero evidence yet of the productivity and GDP gains predicted for ChatGPT in early 2023. It also notes that Character.AI has filed for bankruptcy and CoreWeave bonds have reached 15%.