CIRCLE WITH A DOT

AI boosted US economy by 'basically zero' in 2025, says Goldman Sachs chief economist — 'We think there's been a lot of misreporting of the impact that AI investment had on GDP growth'

The U.S. economy isn't being propped up by AI investment, despite the common narrative. According to Goldman Sachs, despite hundreds of billions in investment announcements, AI has done little to uplift American financial interests.
#hardware
https://www.tomshardware.com/tech-industry/artificial-intelligence/ai-boosted-us-economy-by-basically-zero-in-2025-says-goldman-sachs-chief-economist-we-think-theres-been-a-lot-of-misreporting-of-the-impact-that-ai-investment-had-on-gdp-growth

Anthropic's new AI tool can write 67-year-old COBOL code, which sends 115-year-old IBM's stock tumbling by 13% — IBM stock has worst day in 26 years, down 25% MoM and counting

IBM stock takes a 13% whiplash after Anthropic announces COBOL AI tooling
#hardware
https://www.tomshardware.com/tech-industry/big-tech/ibm-stock-takes-a-13-percent-whiplash-after-anthropic-announces-an-ai-tool-for-writing-cobol-code-stock-has-worst-day-since-2000-and-is-down-25-percent-mom-and-counting

Multiple AWS outages caused by AI coding bot blunder, report claims — Amazon says both incidents were 'user error'

Amazon suffered from a couple of small outages driven by actions of AI agents. The company insists that these are user errors because it accidentally gave the AI permission to execute actions without approval from another user.
#hardware
https://www.tomshardware.com/tech-industry/artificial-intelligence/multiple-aws-outages-caused-by-ai-coding-bot-blunder-report-claims-amazon-says-both-incidents-were-user-error