Robot creating audiowave. Cloning of human voices with the help of artifical intelligence concept, generative audio content concept. Vector illustration. In March of 2023, as artificial intelligence barnstormed through the headlines, Goldman Sachs published a report on “the enormous economic potential of generative AI.” The writers explored the possibility of a “productivity boom,” comparable to those that followed seismic technological shifts like the mass adoption of personal computers. Roughly 15 months later, Goldman Sachs published another paper on AI, this time with a sharply different tone. This one sported a blunt title — “Gen AI: Too Much Spend, Too Little Benefit?” — and it included harsh assessments from executives like Jim Covello , Goldman’s head of global equity research. “AI bulls seem to just trust that use cases will […]
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