https://gizmodo.com/the-ai-report-thats-spooking-wall-street-2000645518
q: "A new report from MIT is casting doubt on the hype around the financial value AI brings to businesses, and may be triggering a small tech stock sell-off on Tuesday.
The report, The GenAI Divide: State of AI in Business 2025, found that the promised AI gold rush isn’t paying off for most companies yet."
The comparison to the Gold Rushes of the US is apt since it was the case that it was not the gold diggers that became rich from the gold mania; it was those who sold tools and supplies to the hopeful golddiggers.
Always beware of manias.
#econ