TECH - Google DeepMind Co-Founder Voices Concerns Over AI Hype: 'We're Talking About All Sorts Of Things That Are Just Not Real' | Benzinga
The co-founder of Google DeepMind, Sir Demis Hassabis, has voiced concerns that the surge in funding for artificial intelligence (AI) is leading to exaggerated hype, overshadowing the actual scientific progress in the sector.
What Happened: Hassabis shared his worries that the billions being poured into generative AI startups and products are causing a hype akin to the crypto buzz. This hype, he fears, is clouding the impressive advancements being made in AI and "brings with it a whole attendant bunch of hype and maybe some grifting and some other things that you see in other hyped-up areas, crypto or whatever,” reported the Financial Times.
"In a way, AI's not hyped enough but in some senses, it's too hyped. We're talking about all sorts of things that are just not real,” he said,
The launch of the ChatGPT chatbot by OpenAI in November 2022 triggered a rush among investors, as startups hustled to create and launch generative AI and attract venture capital. CB Insights, a market analysis firm, reported that investors put $42.5 billion into 2,500 AI startup equity rounds in the previous year.
Investors have also ...