"Fake it till you make it may work in Silicon Valley, but for the rest of us, I think once bitten twice shy may be more appropriate for AI," MacroStrategy Parternship's Ferguson told Bloomberg.
I think the tech does have legitimate uses, and that it will continue improving over time. I’m just pointing out that it’s being massively oversold right now. I actually think it’s better if the bubble bursts early on in the hype cycle, and then people can focus on figuring out how to apply this tech where it actually works well.
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There are many practical uses, and more to be discovered, but I think most of them won’t be user-facing.
I think the tech does have legitimate uses, and that it will continue improving over time. I’m just pointing out that it’s being massively oversold right now. I actually think it’s better if the bubble bursts early on in the hype cycle, and then people can focus on figuring out how to apply this tech where it actually works well.