Microsoft CEO Satya Nadella, whose company has invested billions of dollars in ChatGPT maker OpenAI, has had it with the constant hype surrounding AI. During an appearance on podcaster Dwarkesh Patel's show this week, Nadella offered a reality check, arguing that OpenAI's long-established goal of establishing "artificial general intelligence," (AGI) an ill-defined term that roughly denotes the point at which an AI can best humans on an intellectual level, is nonsense. "Us self-claiming some AGI
The story is also not saying that AI generates no value, just that it’s not generating revolutionary change-the-world new-Industrial-Revolution levels of value.
But that’s exactly what Microsoft promised its shareholders and why they invested billions into it. They need world changing revenue to make it worthwhile.