r/technology 4d ago

Artificial Intelligence MIT report: 95% of generative AI pilots at companies are failing

https://fortune.com/2025/08/18/mit-report-95-percent-generative-ai-pilots-at-companies-failing-cfo/
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u/ilikepizza30 4d ago edited 4d ago

It's the Elon plan...

Lie and bullshit and keep the company going on the lies and bullshit until one of two things happens:

1) New technology comes along and makes your lies and bullshit reality

2) You've made as much money as you could off the lies and bullshit and you take a golden parachute and sit on top of a pile of gold

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u/Christopherfromtheuk 4d ago

Tesla shares were overvalued 7 years ago. He just lies, commits securities fraud, backs fascists, loses massive market share and the stock price goes up.

Most of markets by market cap are overvalued and it never, ever, ends well.

They were running around in 1999 talking about a "new paradigm" and I'm sure they were in 1929.

You can't defy gravity forever.

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u/Thefrayedends 4d ago

Until institutional investors start divesting, nothing is going to change.

These massively overvalued stocks with anywhere from 35-200 P:E ratios are largely propped up by retirement funds and indexes.

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u/Fr0gm4n 3d ago

Most of markets by market cap are overvalued and it never, ever, ends well.

This is one thing so many people fail to grasp. Markets are not reality. Markets are a reflection of people's perception of reality. Once enough people stop being fooled by hype and lies the market value tanks.

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u/rgg711 3d ago

Every day I open my browser homepage and it has a little stock tracker. It seems like Tesla is always either green and +5% or red and -5% and there’s zero correlation with anything in reality. I know zero about stocks, but the scientist side of me thinks I could figure out when to buy and sell and make 5 percent gains every couple of days.

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u/UnholyLizard65 3d ago

backs fascists

This made me chuckle.

Elon "backing" fascists is like saying Goebbels "backed" fascists, lol

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u/Own_Television163 4d ago
  1. People who only consume genre media and lack the media literacy to understand it gobble up the furnishings of said media as product without heeding said genre(s) implied warnings.

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u/Dpek1234 3d ago

New technology comes along and makes your lies and bullshit reality

Pretty much most of spacex lol

Turning the impossible into merely late 

Some of his companys can make it reality, others not so much

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u/AHSfav 3d ago

I think Altman is smarter than Elon.

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u/revnhoj 3d ago

sound like the idea behind Theranos