Original Reddit post

Except for a very few companies supplying infrastructure for AI (like Nvidia), all other software companies, especially SaaS ones (e.g., Atlassian, Salesforce), have seen declining stock prices – leading to losses for shareholders . At the same time, companies are laying off employees or doing hiring freezes or reduced appraisals – leading to job losses and increased uncertainty for employees . Large AI data centers consume heavy amounts of natural resources like water and electricity – leading to higher power costs for citizens (especially in the US) near these data centers. Not to mention all that billions (maybe trillions) of VC money and companies’ money being used. So just curious, what exactly is the benefit happening for society from AI at scale? Is it worth all above? submitted by /u/reddit__is_fun

Originally posted by u/reddit__is_fun on r/ArtificialInteligence