Data Science Society’s Post

With AI software increasingly hogging the enterprise spotlight, companies and investors are spending like never before. In the first half of 2025, AI startups raised over $44 billion, more than all of 2024 combined. By the end of this year, a Goldman Sachs analysis estimates that total investments in AI will soar to almost $200 billion. But all that money is, to put it gently, a reckless gamble. In the US at least, investors have essentially bet the farm on the idea that AI will soon lead to gains in labor productivity — the amount of goods and services workers are able to produce in a given time — that have never been seen in the history of humankind. https://lnkd.in/gdZrM2dw

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