Is generative AI over-valued? At the heart of the generative AI boom has been the premise that a ‘killer app’ for AI will make investors a return on their capital. But it’s unclear how those use cases will actually make money for businesses that deploy them. Plus - is the problem a lack of AI take-up among employees? We hear from Joe Richardson, head of operations at Octopus Energy, Jim Covello, head of global equity research at Goldman Sachs and George Lee, co-head of the Goldman Sachs Global Institute for a debate about the investment case for AI; Victor Riparbelli, chief executive of AI video start-up Synthesia, Amjad Masad, chief executive of coding start-up Replit, and Claudia Harris, chief executive at tech training company Makers.

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UK artificial intelligence start-up Synthesia hits $2bn valuation

AI-powered coding pulls in almost $1bn of funding to claim ‘killer app’ status

This season of Tech Tonic is presented by Madhumita Murgia, and produced by Josh Gabert-Doyon. Edwin Lane is the senior producer and Manuela Saragosa is the executive producer. Sound design by Breen Turner, Samantha Giovinco and Joe Salcedo, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Generative AI is impressive, but can it be profitable? Since the emergence of ChatGPT in 2022, Silicon Valley investors and tech giants have poured billions into developing generative AI models and tools. But when will it start generating returns? The FT’s artificial intelligence editor Madhumita Murgia investigates efforts to develop a ‘killer app’ for AI, the use of AI in the workplace, and asks if some of the most highly valued AI companies in Silicon Valley are getting it all wrong.

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OpenAI targets 1bn users in next phase of growth

AI-powered coding pulls in almost $1bn of funding to claim ‘killer app’ status

Meta sticks with big bet on AI even after DeepSeek shook markets

This season of Tech Tonic is presented by Madhumita Murgia, and produced by Josh Gabert-Doyon. Edwin Lane is the senior producer and Manuela Saragosa is the executive producer. Sound design by Breen Turner, Samantha Giovinco and Joe Salcedo, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.

Hosted on Acast. See acast.com/privacy for more information.

The past two years have seen the EU bring in landmark legislation to curb the power of big tech companies such as Apple, Google and Meta, threatening to break up the companies that do not play by its rules on privacy and competition. But not everyone agrees with its approach. Murad Ahmed speaks to Aura Salla, former lobbyist for Meta and now an MEP in Brussels, who says EU rules will work to rein in Big Tech, and may even harm the development of Europe’s own tech industry.

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EU reassesses tech probes into Apple, Google and Meta

Europe’s rushed attempt to set the rules for AI

What impact is the Digital Markets Act having?

This season of Tech Tonic is presented by Murad Ahmed, and produced by Persis Love. Edwin Lane is the senior producer and Manuela Saragosa is the executive producer. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.