Ai Has No Hyperbole
By Charlie G. Peterson, IV. Introduction by Greg Walters One of my Ai catchphrases is "There is now hyperbole with Ai." I would modify by adding, "For now." The notion is meant to stretch the imagination beyond the box, there is no box.
Of course with everything we make, an investment of money requires a payback; an ROI. Often times, with new technology, expectations far outrun reality - people predict massive returns on unknown and often unproven technology only to be disappointed. This the Way of Things - all things. No expectations can match the astonishing level of Ai hype.
So begins the 'anti-Ai' arc. This journey through the AI landscape is no different, echoing the cyclical nature of hype and disillusionment that has characterized countless technological frontiers before it. - Charlie I've tasked Charlie with coming up with a quick review of the current Ai Hype-Horizon as it relates to investments.
Check it out.
Ai's Market Mirage: Navigating Through Investor Illusions to RealityBy Charlie G. Peterson, IV
The AI marketing hype, arguably kicked off by OpenAI’s ChatGPT, has reached a fever pitch: investors and executives have stratospheric expectations for the technology. But the higher the expectations, the easier it is to disappoint. The stage is set for 2024 to be a year of reckoning for AI, as business leaders home in on what AI can actually do right now. From Peak Expectations to the Valley of Value: Unveiling AI's True Potential
The AI frenzy, particularly spotlighted by OpenAI's ChatGPT, has led investors and executives on a thrilling chase after stratospheric expectations. Yet, as we venture deeper into 2024, it's becoming clear that we may be on the precipice of a stark reality check.
Drawing upon my own journalistic excursions into the worlds of archaeology and technology, I've observed firsthand how the initial exuberance for new discoveries often leads to a more tempered appreciation of their practical applications. This journey through the AI landscape is no different, echoing the cyclical nature of hype and disillusionment that has characterized countless technological frontiers before it. Executive Summary:
We’ve gotten very frothy very quickly,” says Mark Shmulik, an analyst at Bernstein. Some investors and analysts have analogized AI to the early internet, which puts a lot of weight on the shoulders of AI companies. “But we’ve already lived through a few of these cycles, with crypto and the metaverse, that we’ve discarded quickly.” The narrative of artificial intelligence (AI) unfolds with the drama of a modern epic. My journey through this narrative, much like the explorers of old my grandfather used to tell me about, has been filled with anticipation and awe at the potential of AI to redefine our world. Yet, as the latest earnings calls have laid bare, the chasm between investor expectations and the tangible impact of AI technology has never been more apparent.
Investors, those modern-day explorers of the financial world, have been captivated by AI's promise, much like the allure of uncharted territories. The fever pitch reached by AI marketing hype, particularly following the advent of OpenAI's ChatGPT, set expectations soaring to stratospheric heights. "The interest across pretty much every industry is universal," noted Bret Greenstein of PwC, encapsulating the widespread fascination with AI's potential. "The interest across pretty much every industry is universal," Bret Greenstein of PwC,
Hype Horizon The term "Hype-Horizon" isn't a standard phrase in industry lexicons, but based on its components, we can infer a compelling meaning. It cleverly combines "hype," referring to the intense promotion or excitement around a topic, product, or technology, with "horizon," symbolizing the limit of one's knowledge, experience, or vision — the boundary between known and unknown territories. Therefore, a "Hype-Horizon" could be interpreted as the point at which the initial excitement and inflated expectations around a new technology, trend, or innovation reach their peak and confront the reality of practical application and tangible results. It represents the threshold beyond which the true value, potential, and limitations of the hyped concept begin to materialize, moving from speculative anticipation to concrete understanding and adaptation. This term encapsulates the journey from promise to pragmatism, serving as a vivid metaphor for the transition from the realm of inflated expectations to the onset of real-world implementation and impact. Appendices: Tweet: Diving into the AI odyssey: How does the investor hype compare to the actual economic impact? 🚀💼 From ChatGPT's rise to Microsoft and Alphabet's market lessons, we're unpacking the journey from peak expectations to tangible value. #AI #TechInvesting #MarketReality LinkedIn Post: In the realm of technological innovation, artificial intelligence (AI) stands as a beacon of potential. But how does this potential measure up against investor expectations and market realities? Our latest article explores the juxtaposition of AI's promise against the backdrop of recent earnings reports from tech behemoths like Microsoft and Alphabet. Join us as we navigate through the mirage of market hype to uncover the true economic impact of AI on industries worldwide. A must-read for investors and tech enthusiasts alike seeking to understand the future of AI in the marketplace. #AI #TechnologyInvestment #MarketInsights #FutureOfTech
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