AI hype is crashing into reality. Stay calm
4 days ago
- #AI
- #Market Correction
- #Productivity
- AI is experiencing a market correction as businesses understand its capabilities and limitations.
- Expectations for AI are becoming more realistic, with progress likely to be incremental rather than revolutionary.
- OpenAI's GPT-5 was overhyped, leading to disappointment among users upon its release.
- AI's impact on jobs is evident, with entry-level positions being particularly affected.
- Productivity gains from AI are not yet translating into broader economic growth.
- Nvidia's recent earnings indicate a steady but unimpressive growth in the AI sector.
- AI's development is compared to the iPhone 4 moment, with incremental improvements rather than groundbreaking changes.
- Hype from AI leaders has led to unrealistic expectations, which are now being tempered.
- AGI remains uncertain, with experts acknowledging that current models may not be sufficient to achieve it.
- Companies like Apple are scaling back their AI promises, reflecting a more cautious approach.