AI Hype and Marketing
đAI hype is a powerful marketing tool used throughout history, characterized by excessive AI mentions, false claims, and staged demonstrations like Google's Gemini demo.
đ°Companies invest heavily in AI, even at a loss, to avoid disruption and maintain market dominance, exemplified by Google's approach as a monopoly with excess funds.
AI Development and Limitations
đ§ The rate of AI improvement is likely to slow dramatically as it approaches human-level intelligence, potentially requiring quantum computers or organic materials for a paradigm shift.
đ€AI will automate many tasks but won't live up to the dramatic hype, though it will still generate significant profits for some, particularly founders and investors in startups and non-public companies.
Impact on Employment
đšâđ»Contrary to popular belief, AI is unlikely to replace software engineers, but will instead create substantial wealth for certain individuals in the tech industry.