AI is overhyped and unreliable -Goldman Sachs
https://www.404media.co/goldman-sachs-ai-is-overhyped-wildly-expensive-and-unreliable/
“Despite its expensive price tag, the technology is nowhere near where it needs to be in order to be useful for even such basic tasks”
In 2 interviews, the interviewees claim that the investors may lose faith in return of investment if “the killer application of AI” is not available in 18 months. In other words, if the AI is a bubble, it will burst in only 18 months.
That seems like a fair assumption. I would argue we are at the peak of the bubble and only recently we’ve seen the suits (Goldman Sachs and more broadly analysts at banks) start asking questions about ROI and real use cases.