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The AI bubble has burst. Heres how we know.
Artificial Intelligence investor confidence is collapsing. Who could have possibly predicted this, except everyone in tech?
Maybe it was one of the largest and oldest hedge funds in the world telling clients that AI products are "never going to be cost-efficient, never going to actually work right, will take up too much energy, or will prove to be untrustworthy." It's just that much of that promise, as we've said before, lies in the small and boring business tasks: saving a bit of time on code development here, writing the first draft of a document there. Only if it happens slowly, over many years, without so much venture capital investment creating so much froth, will we finally arrive in the AI future today's startups can only dream about.
Or read this on Mashable