As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.
As the AI market continues to balloon, experts are warning that its VC-driven rise is eerily similar to that of the dot com bubble.
I couldn’t agree more. What they’re calling AI today exposes its issues pretty easily still, asking it to spell lollipop backwards for example. The usefulness of ChatGPT back in December was also considerably better than it is today. Companies are putting up more guardrails which the bots have to re-train to adapt to “being too honest” or mechanisms to prevent them being used for illicit purposes, that affect how useful they ultimately are, meaning we’re seeing hyperbole instead of substance.
One AI startup was just hustling the AI washing saying stuff like “if a computer is a bicycle for the mind, AI is a jumbo jet for us all” and I had to laugh. It reminded me of all the talk around VR back in 2016.