| Thread Tools |
3rd April 2024, 07:53 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,738
| AI hype is as bad as crypto DeepMind co-founder warns against the gold rush mentality Sir Demis Hassabis, co-founder of DeepMind, has warned that the rush to throw cash at artificial intelligence has left the industry drowning in crypto-like hysteria. Speaking to the Financial Times, the head honcho of Google’s AI arm slammed the billions flooding into AI start-ups, branding it a "whole attendant bunch of hype and maybe some grifting." He added: "Some of that has now spilt over into AI, which I think is unfortunate. And it clouds the science and the research, which is phenomenal." Hassabis's comments follow OpenAI's ChatGPT launch, which triggered a feeding frenzy among investors scrambling to invest in generative AI projects. Venture capitalists splurged a staggering €42.64 billion in 2,500 AI start-ups last year alone. But it's not just private investors getting in on the action. Public market punters are flocking to tech giants like Microsoft, Alphabet, and Nvidia, fuelling a market surge unseen in five years. https://fudzilla.com/news/58732-ai-h...-bad-as-crypto |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
8K TVs are coming, but don't buy the hype | Stefan Mileschin | WebNews | 0 | 27th April 2018 13:27 |
LG V30 hands-on: Believe the hype | Stefan Mileschin | WebNews | 0 | 2nd September 2017 19:45 |
Congress is getting in on the AR and VR hype too | Stefan Mileschin | WebNews | 0 | 9th May 2017 05:13 |
Don't believe the 'Pokémon Go' privacy hype | Stefan Mileschin | WebNews | 0 | 18th July 2016 11:27 |
Sony's 4K Smartphone Is 100% Hype | Stefan Mileschin | WebNews | 0 | 6th September 2015 15:15 |
5G is still mostly hype | Stefan Mileschin | WebNews | 0 | 24th July 2015 08:05 |
Twitter IPO hype has already begun | Stefan Mileschin | WebNews | 0 | 6th January 2013 14:44 |
Carmack says PS4 and 720 won't live up to the hype | Stefan Mileschin | WebNews | 0 | 22nd June 2012 06:58 |
RAID 0: Hype or blessing? | jmke | WebNews | 3 | 9th August 2004 16:50 |
Thread Tools | |
| |