2023-10-16 11:37:01.AIbase.2.1k
Is the Artificial Intelligence Bubble About to Burst? Venture Capitalists Warn It May Happen Next Year
Venture capital founder Suissa anticipates that the artificial intelligence bubble may burst next year, but the technology itself will not disappear. He describes potential scenarios where AI chatbots might make racially discriminatory remarks, which could disrupt the AI industry. Suissa believes that AI will ultimately become a tool for businesses to enhance efficiency, much like blockchain. He is optimistic about secure data solutions and has invested in data analytics company Databricks, among others. However, PYMNTS analysis indicates that AI still faces profitability challenges due to high computing costs and low margins.
