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95% of Companies See ‘Zero Return’ on $30 Billion Generative AI Spend, MIT Report Finds
(thedailyadda.com)
This is a most excellent place for technology news and articles.
Imagine what the economy would look like if they spent 30 billion on wages.
If we're just talking about the USA, then the ~200 million working people would get $150 each.
We could always just confiscate all fortunes over 900 million dollars.
The 5 richest billionaires have a combined $1.154 trillion, which divided by $340 million gives us $3,394 per American citizen. That's literally just the top 5. According to Forbes there were 813 billionaires in 2024. Sounds pretty damned substantial to me. We're talking life-altering amounts of money for every American without even glancing in the direction of mere hundred-millionaires. And all the billionaires could still be absurdly wealthy.