| This April 3rd Pew research study is some fairly interesting reading: https://www.pewresearch.org/internet/2025/04/03/how-the-us-p... They find that the general public is overall much more skeptical that AI will benefit anyone, much more likely to view it as harmful and much less excited about its potential than "AI experts". A majority of Americans are more concerned than excited. There is interestingly a large gender gap between men and women -- women are much less likely to view AI favorably, to use it frequently or to be excited about its potential than men. There is some research to suggest that consumers are less likely to buy a product and less likely to trust it (less "emotional trust") when AI is used prominently to market it: https://www.tandfonline.com/doi/full/10.1080/19368623.2024.2... So I think the data suggests that while there is excitement around AI, overall consumers are much less excited about AI than people in the industry think and that it may actually impact their buying decisions negatively. Will this gap go away over time? I don't know. For any of you working in tech at the time, was there a similar gap in perceptions around the Internet back in the days of the dot com bubble? The other problem as pointed out is that MANY things are labeled as AI, ranging from logistic regression to chatbots, and probably there is more enthusiasm around some of these things than others. |
During the dot-com bubble, inasmuch as it represented a turning tide, this trickle had reached a tipping point and we witnessed a tsunami of innovative products that consumers were genuinely fascinated by. There were just too many of them for the market to sustain them all, and a correction followed, as you would expect.
This AI story is basically the opposite, much like the blockchain story. Many investors and some consumers who have living or borrowed memory of dot-com bubble or the smartphone explosion really really want another opportunity to cash in on a exponentially expanding market and/or live through a new technological revolution and are basically trying to will the next one into existence as soon as possible, independent of any organicity or practicality.
In contrast to blockchain hype, maybe it'll work here. Maybe it won't. But it's fundamentally a different scenario from the dot-com bubble either way.