#AI#GenerativeAI#AIHype#AGI: "The reality is that no matter how much OpenAI, Google, and the rest of the heavy hitters in Silicon Valley might want to continue the illusion that generative AI represents a transformative moment in the history of digital technology, the truth is that their fantasy is getting increasingly difficult to maintain. The valuations of AI companies are coming down from their highs and major cloud providers are tamping down the expectations of their clients for what AI tools will actually deliver. That’s in part because the chatbots are still making a ton of mistakes in the answers they give to users, including during Google’s I/O keynote. Companies also still haven’t figured out how they’re going to make money off all this expensive tech, even as the resource demands are escalating so much their climate commitments are getting thrown out the window."
The opposite view: "There’s universal agreement in the tech world that AI is the biggest thing since the internet, and maybe bigger. And when non-techies see the products for themselves, they most often become believers too. (Including Joe Biden, after a March 2023 demo of ChatGPT.) That’s why Microsoft is well along on a total AI reinvention, why Mark Zuckerberg is now refocusing Meta to create artificial general intelligence, why Amazon and Apple are desperately trying to keep up, and why countless startups are focusing on AI. And because all of these companies are trying to get an edge, the competitive fervor is ramping up new innovations at a frantic page. Do you think it was a coincidence that OpenAI made its announcement a day before Google I/O?
Skeptics might try to claim that this is an industry-wide delusion, fueled by the prospect of massive profits. But the demos aren’t lying. We will eventually become acclimated to the AI marvels unveiled this week. The smartphone once seemed exotic; now it’s an appendage no less critical to our daily life than an arm or a leg. At a certain point AI’s feats, too, may not seem magical any more. But the AI revolution will change our lives, and change us, for better or worse. And we haven’t even seen GPT-5 yet." https://link.wired.com/view/5fda497df526221fe830f4d4l2x75.27v/4a13cfeb
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