I have said this for a while now as companies have all jumped on the AI hype train and promised the world whilst well delivering not much at all….
This report is one of a few to come out this week saying how it appears that there will be a downwards trend in stock prices and AI hype in the coming months as the massive growth just cannot be sustained. I am also personally seeing a big backlash against firms who are backing AI and the start of a lot of lawsuits alleging bad practices in the AI industry. Interesting times ahead I believe!
https://www.404media.co/generative-ai-hype-cycle-is-hitting-trough-of-disillusionment
Generative AI Hype hits a hurdle 3dcandy.social/2024/07/gene…