The Conversation
International · 5 hrs ago
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Friday essay: despite the AI hype, some experts warn of a bubble – what happens if it pops?
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An essay examining concerns among experts that artificial intelligence investment and hype may be reaching unsustainable levels, despite prominent tech leaders' optimistic predictions about AI's transformative potential.
Friday essay: despite the AI hype, some experts warn of a bubble – what happens if it pops?
Stop the Race, Rachel Shu/AAP
In the last few years, the hype around artificial intelligence has become stratospheric. Riding a wave of venture capital, tech leaders promised us AI would revolutionise work, boost productivity and lead to incredible new breakthroughs. OpenAI, the creator of ChatGPT, set a new record when it attained US$110 billion in investments several months ago – and its CEO, Sam Altman, recently claimed Australia could become a “data capital of the world.”
Sky-high promises h
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