Is AI Overhyped?
AI is becoming increasingly embedded in many of the things we interact with and use on a daily basis. AI is becoming increasingly more advanced over time, with some remarkable capabilities emerging over the past few years. There are many real-world, practical examples organizations and governments are using AI for their day-to-day activities. So, AI is a real thing, right?
Well, on the other hand there’s still substantial hype when it comes to AI. It’s easy to get wrapped in that hype when we hear about companies and VC firms making staggeringly large investments into AI research. Are these big-dollar investments going to result in expected returns for the investors and actually push the field forward? Is the hype adequate given AI’s successes? Or are we in just the latest bubble and wave of AI interest? Is AI simply too overhyped?
What’s actually going on with AI adoption and projects
The concept of AI goes back decades, with development coming and going in waves. In this latest wave, AI is enjoying mainstream success with companies of all sorts investing in AI, from the smallest of firms to the largest companies and governments. However, unlike the way that science fiction movies and books would like to portray AI, most of the AI implementation today is mundane or “boring” in nature. Rather than seeing lots of autonomous machines roaming the planet, the most successful AI implementations are more snoozy affairs such as document classification or advanced predictive analytics solutions, but they are providing ...
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