高盛新一代人工智能_花费太多收益太少_2024英文版31页

GEN AI: TOO MUCH SPEND, TOO LITTLE BENEFIT? ISSUE 129 | June 25, 2024 | 5:10 PM EDT”$$$$$P$$$$$$$$$$$$$Global Macro ResearchInvestors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see the Disclosure Appendix, or go to www.gs.com/research/hedge.html.The Goldman Sachs Group, Inc.Tech giants and beyond are set to spend over $1tn on AI capex in coming years, with so far little to show for it. So, will this large spend ever pay off? MIT’s Daron Acemoglu and GS’ Jim Covello are skeptical, with Acemoglu seeing only limited US economic upside from AI over the next decade and Covello arguing that the technology isn’t designed to solve the complex problems that would justify the costs, which may not decline as many expect. But GS’ Joseph Briggs, Kash Rangan, and Eric Sheridan remain more optimistic about AI’s economic potential and its ability to ultimately generate returns beyond the current “pi