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by not_a_moth
2397 days ago
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You sure? Without a doubt, there's an investment bubble for AI companies in industry: a huge amount of companies have added "AI" to their proposition, where the AI is only marginally useful if not useful at all, for the purpose of marketing and inflating valuation. On research side, it's now clear the current AI paradigm will not produce the kind of massive, society-shifting promises that were made to investors, which is the focus of the article. Yes deep learning is here to stay for narrow tasks, but the investment contraction for the rest could certainly feel like a Winter. |
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It's correct in that it won't produce the society-shifting promises. But there is a huge amount of money on non-society-shifting innovation.
Besides, I really doubt the media predictions are what actually was told to investors.