Why millions to make billions when you could pay trillions to make millions! Firms spend $61.9B on AI in 2025, most still waiting for results. 42% of pilot projects scrapped. McKinsey calls it the “generative paradox”

$61.9 billion. That’s how much companies are spending on generative AI in 2025. IDC says investment jumped 94% this year. https://www.business-standard.com/technology/tech-news/genai-paradox-companies-pouring-billions-into-ai-it-has-yet-to-pay-off-125081302003_1.html The payoff? Still nowhere to be seen. McKinsey finds nearly 80% of firms use generative AI—but the same number say it hasn’t boosted the bottom line. https://www.thestar.com.my/tech/tech-news/2025/08/14/companies-are-pouring-billions-into-ai-it-has-yet-to-pay-off Pilot projects are collapsing fast. S&P Global …

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Apple should not create its own Generative AI

by Hairy-Store-8489 2000s there were so many search engines but who won: Google. Why did they win they secured a deal to make Google a default on Apple devices. Apple didn’t spend building and marketing their search engine, they instead made billions from the real estate in everyone’s pockets. I think they should repeat this, …

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EU lawmakers endorse world’s first AI rules, regulating generative AI, biometric surveillance.

STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednesday as EU lawmakers endorsed a provisional agreement for a technology whose use is rapidly growing across a wide swathe of industries and in everyday life. The legislation called the AI Act will regulate foundation models or generative AI such as …

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