It doesn’t matter… are those companies using AI getting a positive ROI? So far there is no signs it is the case, unless you’re yourself selling AI stuff
Because there are almost no "We used AI to save money, improve our services, and gain more customers" success stories.
There's a lot of "We fired a lot of people because we're sheep and now we're having to hire some of them back" stories. And a lot of "A few engineers are doing a lot more, but we're not quite sure how to turn that into actual money" stories. And even more "We told everyone to tokenmaxx, and they did, and then we realised it was costing too much, so we stopped," stories.
But there really hasn't been a deluge of "AI has cut costs and increased profits while also improving quality" stories.
There has been a small outbreak of vibe-startups offering fairly generic services - mostly marketing and adjacent - who are doing okay, possibly.
Sarcasm over a legitimate question really? After about 4 years I think it's totally acceptable to ask where the profit is on any company's 10-K. Where are even the revenues on a 10-K?
