Former Google CEO Eric Schmidt believes the current AI boom is not a bubble but rather undervalued. He argues that AI's true return on investment lies in its ability to automate repetitive business tasks across various functions like accounting, product design, and inventory management, rather than solely focusing on model performance. AI
IMPACT Suggests a shift in evaluating AI's business value towards automation scope over raw model capabilities.
RANK_REASON The item contains an opinion from a notable figure about the AI market, not a new release or product announcement.
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