Most firms that use generative AI in production report their GPUs sitting idle at least half the time: https://venturebeat.com/infrastructure/ai-bubble-update-79-of-companies-say-their-gpus-sit-idle-at-least-half-the-time-yet-most-plan-new-ai-platforms A survey of firms finds that AI adoption has raised annual labor productivity growth by 0.2% over the last three years, despite spending more than $300 billion on AI this year alone: https://www.nber.org/system/files/working_papers/w34836/w34836.pdf Firms report a significant increase in the production of code, with no resulting improvements to productivity or employment, because the code is slop that requires commensurately more review and revisions. https://fion.ac/jellyfish.pdf