Pros:
1. AI technology has the potential to revolutionize various industries and bring about significant advancements.
2. Investing in AI can lead to long-term growth and innovation for big tech companies.
3. Despite initial lack of profitability, AI projects can eventually generate substantial returns.
4. Utilizing AI can enhance efficiency, productivity, and customer experience for big tech companies.
5. AI can create new revenue streams and business opportunities for big tech in the long run.
Cons:
1. Lack of profitability in AI projects can be a financial burden for big tech companies.
2. Frequent losses may lead to uncertainty and hesitation in further AI investments.
3. The potential for long-term profitability in AI projects is uncertain and may take significant time to achieve.
4. The continuous investment required to maintain and improve AI systems can strain financial resources.
5. Market volatility and competition can further challenge profitability in the AI sector.
Note: The provided information is based on the mentioned context and the sources cited. It is essential to consider additional factors and conduct further research for a comprehensive understanding.
context: https://arstechnica.com/information-technology/2023/10/so-far-ai-hasnt-been-profitable-for-big-tech/
According to the WSJ, Microsoft’s GitHub Copilot incurs a monthly loss of approximately $20 per user.
