zlacker

>>kcorbi+(OP)
The cycle of these technologies is always the same:

    1. Initial introduction or release
    2. Major hype and influx of greed money. <- AI is here now
    3. Failure to live up to the hype, resulting in the tech becoming a punchline and gobs of money lost
    4. Renaissance of the tech as its true potential is eventually realized, which doesn't match the original hype but ends up very useful
    5. Iteration and improvement with no clear "done" or "achieved" milestone, it just becomes part of society

The bombardment of charlatans taking advantage of the term, coupled with commercials everywhere suggests we will soon hit stage 3 for AI. The Super Bowl commercials are usually the tipping point.

Crypto is at stage 3 now.

Not all technologies make it to steps 4-5.

Hell, I remember when social media followed the same path. And ecommerce before it. Or the web in general before that. And on and on it goes.

>>baggac+Jm
AI is at step 4, transitioning to 5

>>asicsa+Gq
When every LinkedIn thoughtfluencer is writing 3-page screeds about how they're thoughtfluencing through AI you really know you're firmly in step 2.

Likewise when breathless reporters keep asking non-AI companies what their AI strategy is, you know you're firmly in step 2. Remember when Walmart was expected to have a "metaverse strategy"?

Also worth noting that many (most?) technologies do not have a step 4 or 5. They're just permanently/indefinitely dead after the hype train goes off the rails (see: personal jetpacks)

>>potato+6z
Something being overhyped implies grifters will appear but grifters don't imply that something is overhyped. I'm sure people were the same with cars and transistors. People definitely were breathless about smartphones the same way when they came out (everyone was selling apps that did exactly the same thing as websites) and they've changed the world for better or worse.

Crypto and AI both attract get rich quick bullshitters but I think AI right now is actually a crazy unexpected sci fi tech while crypto wasn't good for anything except fraud, gambling and the black market.