Microsoft CEO Nadella admitted that AI has not yet created real economic value: It is far from an "Industrial Revolution"-style outbreak
Microsoft CEO Nadella admits that AI has not yet created real economic value: Nowhere near the "Industrial Revolution" - style explosion
In February 2025, Satya Nadella, the CEO of Microsoft, said in a podcast that although Microsoft has invested heavily in OpenAI, currently AI technology has not brought substantial real economic growth. He bluntly stated that one should not be obsessed with inflated concepts such as "Artificial General Intelligence (AGI)", but should focus on whether AI actually boosts productivity and economic growth. Nadella believes that only when AI drives the global economy to achieve an annual growth rate of 10% like the Industrial Revolution can it be considered a breakthrough in the industry.
He also pointed out that current AI systems still require a large amount of human supervision and have technical shortcomings such as "hallucinations", and have not achieved an essential driving force for the economy. Although there is huge market investment, the improvement of AI on the real economy and corporate efficiency is limited. Nadella's statement is seen as a cooling of the high expectations for the AI industry. At the same time, however, Microsoft continues to increase its investment in AI, including participating in the $500 billion Stargate super - computing power project led by OpenAI and the Trump administration.
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