Former Google CEO Eric Schmidt argues that AI is “under-hyped,” with its biggest impact yet to come. Speaking at Harvard’s Kennedy Jr. Forum, he said the true disruption lies in automating routine corporate tasks — billing, accounting, inventory, and delivery — which consume billions in costs.
Ex-Google CEO AI Payoff
Schmidt believes AI’s potential in medicine, climate, and logistics remains largely untapped, promising breakthroughs far beyond coding. While some economists warn of an overheated bubble, Schmidt insists Wall Street underestimates AI’s economic impact. He described watching AI generate an entire software program as “profound,” underscoring how automation is only beginning to reshape industries.
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