Did Satya Nadella say "AI Is Generating Basically No Value?" Here's what he meant! #demystifyai
While we tend to get carried away by the recent headlines, I decided to watch his interview with Dwarkesh Podcast in which Nadella expressed skepticism about the hype surrounding AI, stating that generative AI has not yet produced significant real-world economic value. In the interview he talks about why he doesn’t believe in AGI but does believe in 10% economic growth He explains the growth attributable to abundance of AI and commodity of intelligence available, the first thing we have to observe is GDP growth. When we say this is like the Industrial Revolution, let's have that Industrial Revolution type of growth. We see this exact scenario play out in the corporate world. While most Fortune 500s and multinationals have invested in their own instance of GPT and AI Agents, most of the gains from personal productivity of employees haven’t translated to organizational gain. To take Satya Nadella’s argument further -the real benchmark is the bottom-line or top-line impact in...