In this issue: MIT’s questionable 95% AI failure report. Google’s “Nano Banana” makes faking influencers stupidly easy. Nieman Lab’s Andrew Deck on why aggregation jobs are disappearing faster than anyone realizes. Plus: How I built a web app with GPT-5 in one hour.
What we’re talking about: Attention-grabbing headline alert! There’s a project called Nanda at MIT that imagines trillions of AI agents collaborating and transacting on the web. Out of this project comes a report claiming 95% of organizations get zero return on their GenAI investment. “Wall Street’s biggest fear was validated,” writes Axios.
Before you say “told you so,” let’s actually look at the report. It’s based on 52 interviews with “stakeholders” and 183 “leaders” who answered a survey. The bottom line: Large companies spent money on AI pilots that didn’t deliver measurable ROI in the first six months.
The report blames organizational barriers. While people use AI for personal tasks, they struggle with enterprise tools that don’t learn, integrate poorly, or clash with company workflows. Throughout the report, the authors keep mentioning agents and their Nanda project as solutions. Sounds more like a sales pitch than science.
Liking ChatGPT is now a hot take: After the botched launch of the new ChatGPT version, there were plenty of comments. The AI hasn’t gotten better, just the packaging. Now Ezra Klein jumps in with a lengthy opinion piece. He doesn’t really know where AI is heading either. It’s all very complicated, better not commit to anything. His wildest take: He finds the new ChatGPT useful. He writes:
This is the first A.I. model where I felt I could touch a world in which we have the always-on, always-helpful A.I. companion from the movie “Her.”
The dystopian movie from 2013 shows a lonely man desperately in love with a chatbot. If you ask me, this is not something we should be aiming for.
Heads up: Faking influencers is about to get more easy. Until now, making an AI persona look consistent across different angles and images took some manual work. That’s changing with a new image model that’s been testing under the codename “Nano Banana.” Word is Google’s behind it, and a Google DeepMind employee is teasing something for this week. So, here we go.
What else I’ve been reading:

