Instead of looking for other avenues for growth, though, PwC found that executives are worried about falling behind by not leaning into AI enough.
These are the people in charge of the economy.
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
Instead of looking for other avenues for growth, though, PwC found that executives are worried about falling behind by not leaning into AI enough.
These are the people in charge of the economy.
TIL the economy is driven by FOMO.
There is an incredible amount of incompetance in executive class America. The shit floats to the top, and after decades of ass kissing they get appointed CEO. It's just one get rich quick scheme after another. 2008 everyone invested in the Hah-vud algorithm for free money in debt derivatives without anyone validating the algorithm, and 17 years later, same shit with A1.
These clowns are all hot boxing their own farts on Linkedin.
Always has been
It's called futures. Do you even stonk?
It's the "sunk cost fallacy". They've already invested so much, that turning back now means a total loss...when success "might be" just around the corner, if they only invest a little more. In for a penny, in for a pound.
Majority of CEOs tried to use Ai on the wrong level of their company: at the bottom.
Rich people: Debunking the idea that the rich are the smartest since about 10,000 BCE.
What they lack in smarts, they can make up for in selfishness.
Don't forget psychopathy
Majority of CEOs discover they are completely incompetent frauds to the point of literally deserving the death sentence
There, fixed the headline.
Majority of CEOs discover something plebs like you and I knew all along the whole time.
I'm starting to think that most "business" leaders have the skills of a Trump. It's all puffery.
I work in IT, and the accuracy of "The IT Crowd" when it comes to management is scary. How they get anything done is beyond me.
During americas “great” years a lot of the research and development was guided by long term USA policy. We are no longer guided by any sense of what’s to come. It’s a greedy grab all free-for-all. No rules no restrictions, just have fun and make lots of money.
How could they have possibly thought AI would make them money? Lmfao. It sucks power and water just to give wrong answers or generate "art" with terrible attention to detail...
It's because they have no idea what "AI" actually is. They think you tell it to make profits, and it just does so. Anyone who has used any kind of "AI" for an hour knows that it's mostly just shit at everything except the absolutely most basic shit.
They have no respect for the work of their employees, so they thought that they could be easily replaced by a computer program. They were so excited by the prospect of handing over ALL of our jobs to AI, that they far overextended themselves.
Now they are going to crash and burn because they bet AGAINST every worker in America, and LOST.
I hope it hurts them really, really badly. We should respond to their financial pain by laughing at them, and taking away their fortunes and their companies, since they have demonstrated so clearly that they can't be trusted to handle the American economy responsibly.
Some applications of AI are pretty neat. For example the DeepL translation tool. I convinced my employer to spend money on that. And they make 55 million in profits.
But forcing AI down our throats, like Google does with those horrible auto-dubbed videos? There's no way that will ever be profitable
Tech CEOs are a cancer on society and the planet. Ruining everything just to make fake numbers go higher.
~~Tech~~ CEOs are a cancer on society and the planet. Ruining everything just to make fake numbers go higher.

seems like they ran out of using AI as an excuse to lay people off and "record profits"
crash. and. burn.
The next big thing is NI: natural intelligence! Replace you hallucinating AI with a person that can solve problems without hallucinating (usually)!
Ah man I can’t wait for the advertising to pick up on this.
“Has AI crapped the bed again? Here at “local store” we have genuine authentic humans to interact with”
Look on the upside folks, at least RAM, GPU, and storage are wildly expensive. That's great for the economy and reduces the instances of people being mind-controlled by violent video games!
/s
Holy shit, really?
Those who advocate for AI the most are the ones who understand it the least.
CEOs aren't in the positions they hold because they're qualified to lead corporations. They're there solely to figure out the best way to exploit workers legally, and illegally without getting caught. Replacing the workforce with LLMs is all they care about. Makes that job a million times easier, even if it isn't working.
An anecdote in agreement:
The CEO of my company left in September 2025. For years leading up to that, there were 3-4 layoffs/riffs of approx. 5% reductions (edit: yearly reductions). Never hired more US employees except for VP and C-level until we became very top-heavy. What jobs they do replace are primarily India and some in Argentina, many are contractors. They "cook the books" by avoiding taxes and "creatively" avoiding reporting gains/losses due to having a large amount of contractors. 2025 ended up losing a ton of customers due to churn (i.e. leaving or not renewing contracts). Most of our customera are US or North America-based and the contractor teams have such high turnover that customers are sick of us not supporting them well anymore.
Know where that former CEO is now? An AI startup.
Sounds good. Then, they'll finally move away from AI and we will all stop having AI being shoved down our throats. I'm sick and tired of all these AI chatbots in places where we don't even need them.
Who'd have thought that a million monkeys banging on a million typewriters was not the best way to accomplish Hamlet?
Maybe they are actively trying to make the crash happen while Trump is still in office to bail them out.
The only thing I have used AI for is making furry porn. And even then I am really bored with it.
My company is forcing that everybody use AI by having weekly reviews. They expect throughput of 2-4x hahahahaha
Yeah, No Shit Sherlock, everyone already told you that 3 years ago.
Instead of looking for other avenues for growth, though, PwC found that executives are worried about falling behind by not leaning into AI enough.
“A small group of companies are already turning AI into measurable financial returns, whilst many others are still struggling to move beyond pilots,” said PwC global chairman Mohamed Kande in a statement. “That gap is starting to show up in confidence and competitiveness, and it will widen quickly for those that don’t act.”
PwC also pointed out that most companies were lacking the “AI foundations, such as clearly defined road maps and sufficient levels of investment” to realize a return.
And I imagine the only reason I'm drowning is that I didn't bring enough gallons of their energy drink into the sea with me. Wow.
The level of schadenfreude im feeling is almost lethal.
And here is the umpteenth reason to think that C-suites run only on nepotism and empty promises: they're filled with people who are actively bad at their jobs. But while the rest of us gain skills and hone them to try and make a handful of extra peanuts, the guys in the corner offices get handed jobs by family members or friends, simply because it is their destiny to have it.
And thus they never have to be good at it, and any competition for it is artificial, and you end up with people holding the reins of entire companies who have literally no idea the consequences of their decisions or the impact of their policies.
AI has never delivered a return -- at all -- and most of these people probably cannot even define how it works or what benefit it is meant to bring, outside of "replace people with machine, bring more $$$, why use more people when less people do trick?".