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
I don’t know that the story backs up the hed. Nadella’s quotes are your stereotypical shots at shareholders of “hey, if you bought into the hype, that’s your problem, not ours.”
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.