AI Investment & Market Correction - AI stocks experienced a correction due to an MIT study and comments about a bubble, alongside a hiring freeze at Zuck [1] - A healthy correction in sentiment towards AI occurred, applying skepticism to fantastical claims [13] - The AI sector is still considered to be in a boom and investment super cycle [13] - A roughly 10% correction in public AI stocks was observed [13] AI Implementation Challenges & ROI - 95% of generative AI pilots are failing to make it to production due to employee resistance, poor quality output, and resource misallocation [2][14] - 70% of generative AI budgets are allocated to sales and marketing tools, which have poor ROI [2] - The highest ROI is found in back-office optimization, such as automating tasks to cut back spends [3] - Many companies are generating $50 million of ARR (Annual Recurring Revenue) in a matter of months [8] AI Technology & Future Trends - The industry is undergoing a sorting and cleansing process, requiring rebuilding from first principles [11] - The development of AI technology is expected to be a more normal technology race, not a loop of recursive self-improvement [22][23] - AI progress is becoming more incremental and evolutionary rather than revolutionary [20]