If AI is so great why is it so hard to see any tangible results?

Reddit r/ArtificialInteligence News

Summary

This article critiques major technology companies for failing to deliver impactful new products or features despite significant AI investments, questioning the tangible results in the industry.

Companies like Google, Amazon, Microsoft and Meta have basically unlimited budgets for inference and army of the best researcher, developers, designers and product managers in the world. Yet they haven’t shipped any new impactful product in the last 4 year. Why? Where is the new Gmail or Maps or Instagram or Word? They didn’t even ship a new feature like instagrams reels. Why?
Original Article

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Multiple studies show low consumer preference for generative AI, zero productivity impact for most firms, and zero ROI from corporate AI projects, raising doubts about massive AI investments. Data includes Gartner's finding that half of US adults prefer brands without AI, an NBER paper showing 90% of firms see no productivity gain, and an MIT study tracking 95% of corporate AI projects at zero ROI.