Microsoft CEO Satya Nadella, whose company has invested billions of dollars in ChatGPT maker OpenAI, has had it with the constant hype surrounding AI. During an appearance on podcaster Dwarkesh Patel’s show this week, Nadella offered a reality check. “Us self-claiming some [artificial general intelligence] milestone, that’s just nonsensical benchmark hacking to me,” Nadella told Patel. Instead, the CEO argued that we should be looking at whether AI is generating real-world value instead of mindlessly running after fantastical ideas like AGI. To Nadella, the proof is in the pudding. If AI actually has economic potential, he argued, it’ll be clear when it starts generating measurable value. “So, the first thing that we all have to do is, when we say this is like the Industrial Revolution, let’s have that Industrial Revolution type of growth,” he said. “The real benchmark is: the world growing at 10 percent,” he added. “Suddenly productivity goes up and the economy is growing at a faster rate. When that happens, we’ll be fine as an industry.” Needless to say, we haven’t seen anything like that yet. OpenAI’s top AI agent — the tech that people like OpenAI CEO Sam Altman say is poised to upend the economy — still moves at a snail’s pace and requires constant supervision. So Nadella’s line of thinking is surprisingly down-to-Earth. Besides pushing back against the hype surrounding artificial general intelligence — the realization of which OpenAI has made its number one priority — Nadella is admitting that generative AI simply…Microsoft CEO Admits That AI Is Generating Basically No Value