> IT investments don't appear to increase overall productivity. In truth, IT is benefiting the firms that invest in it, but it is taking away from those firm's competitors yielding no net gain. As Erik Brynjolfsson puts…
I'm sure giants like Microsoft would like to add more AI capabilities, and I'm also sure they would like to avoid running them on their own servers. Another thing is that I wouldn’t expect LLMs to be free forever. One…
> IT investments don't appear to increase overall productivity. In truth, IT is benefiting the firms that invest in it, but it is taking away from those firm's competitors yielding no net gain. As Erik Brynjolfsson puts…
I'm sure giants like Microsoft would like to add more AI capabilities, and I'm also sure they would like to avoid running them on their own servers. Another thing is that I wouldn’t expect LLMs to be free forever. One…