Reasons for Uber and Microsoft AI reduction

The report highlights the difficulties faced by major companies such as Uber and Microsoft in justifying the high costs of using artificial intelligence technologies, which still result in substantial losses and anticipate future losses amounting to billions of dollars. It also draws attention to the recurring phenomenon of media hype and commercial rhetoric surrounding AI capabilities, while the industry remains in its early stages and struggles with a significant gap between reality and inflated expectations. This is accompanied by leaks about widespread layoffs and declining market shares, illustrating a reliance on strategies of sensationalism and exaggeration to sustain funding and reputation, despite the lack of evidence of tangible financial returns.

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