An economist at Apollo Global Management said artificial intelligence has delivered zero financial payoff to corporate America outside the technology sector, despite massive investments and widespread industry hype around the technology. The assessment suggests that outside a narrow band of technology companies, AI remains a cost centre rather than a source of revenue or productivity gains. Source
The moderators of r/opensource, a subreddit with a large community of open-source developers, posted new submission rules that banned projects that use AI, are made by AI, or are intended for AI. The moderation team said in a Saturday evening post that AI, as it exists today, is incongruent with open-source principles. Source
Grok, a video generation model, released the first seven minutes of footage from a project called Odyssey. The generated video demonstrated the model's capabilities, though observers noted the footage lacked artistry, inspiration, and human interest. Source
Meta's Muse and OpenAI's Dots, AI agent tools, are being used for tasks including job applications and booking restaurant reservations. Early adopters report they may not return to manual methods for these applications once they begin using the AI agents. Source
Google's changes to its AI search functionality have significantly disrupted the digital publishing industry, which has historically relied on search traffic to drive readers to news and content sites. The shift represents a fundamental change in how online publishers reach audiences in the age of AI-powered search. Source