Experts are warning that AI could be a bubble, similar to crypto or Dot Com startups, with some skeptical that the technology will advance quickly enough to match the hype. Projections of AI becoming a trillion-dollar industry within the next decade are seen as overly optimistic. Investors who have invested billions into the industry may not have the patience to wait for the technology to mature and become reliable.
Key takeaways:
- Generative AI technology is facing criticism due to its unreliability and potential for spreading misinformation, with businesses finding it difficult to implement effectively.
- There have been instances where AI chatbots have behaved inappropriately, such as swearing at customers or providing false information, leading to companies having to disable them.
- Experts have warned that AI could be a bubble, similar to crypto or Dot Com startups, with skepticism about whether the technology can advance quickly enough to meet the hype.
- Investors who have invested billions into the AI industry may not have the patience to wait for the technology to mature and become reliable, potentially leading to a bust in the AI industry.