Demand for AI "Surging"

[dsc]

Look at something like Cerebras which sold its systems to G42 healthcare - they want AI to predict how drugs will behave and also to invent or help invent novel drugs - thats generative right there. So while chatbots are at the party trick end, similar generative AI technology is being used for serious applications. Plenty things being developed out there that are way too complex and involving hard science and engineering for most people to appreciate.

I agree, but at the same time think all the hype is driven by the party tricks and the idea that soon chatbots will do most of the work. Lets be honest, investors are not clever enough to understand that AI is used in serious applications and what the future might bring, they probably have "clever robots do chu chu" on their minds.

[willendure]

I agree, but at the same time think all the hype is driven by the party tricks and the idea that soon chatbots will do most of the work. Lets be honest, investors are not clever enough to understand that AI is used in serious applications and what the future might bring, they probably have "clever robots do chu chu" on their minds.

Those are not "investors".

[sadkingbilly]

Those are not "investors".

they're cleverly placed 'chatbots'??

[dsc]

Those are not "investors".

Sure they are, there's loads of thick peeps just following the crowd, just look at people who backed up that women who promised to have a drug for cancer, or whatever it was, which was a) impossible b) a clear scam, yet she got tulip ton of backing from load of investors. Now of course you can dispute whether you'd call them investors in the first place as they have no idea what they are doing, but I wouldn't say the term still sticks.

[willendure]

Sure they are, there's loads of thick peeps just following the crowd, just look at people who backed up that women who promised to have a drug for cancer, or whatever it was, which was a) impossible b) a clear scam, yet she got tulip ton of backing from load of investors. Now of course you can dispute whether you'd call them investors in the first place as they have no idea what they are doing, but I wouldn't say the term still sticks.

Those are speculators and largely irrelevant. The real investors in AI are more like Microsoft or Google and so on - smart people with lots of money that will invest serious capital for years or decades to shift the needle on a new technology and reap the benefits. That is where the bulk of the money is coming from, or VC funds, banks and hedge funds but they of course have technical consultants also that understand the tech and have ideas about the "serious applications".

[SussexSeagull]

Why is this beginning to remind of the Dot Com boom 25 years ago?

It's obviously technology that will go on to be game changing but you need the world to come along with you.