AI and the railway mania
Michael Roberts.
"A widely cited study from MIT found that so far, 95 per cent of generative AI projects produce no return in productivity growth or profits. To justify the required investment, annual data-centre revenues would need to rise from $20bn today to about $2trn. Existing revenues will fall short by $800bn.."
AI-assisted Programming May Decrease the Productivity of Experienced Developers by Increasing Maintenance Burden
Feiyang (Amber), Xu, Poonacha K. Medappa, Murat M. Tunc, Martijn Vroegindeweij, Jan C. Fransoo
https://arxiv.org/abs/2510.10165
Spiral Model Technique For Data Science & Machine Learning Lifecycle
Rohith Mahadevan
https://arxiv.org/abs/2510.06987 https://arxiv.org/pdf/2510.06987…