"Google DeepMind CEO Warns of AI Hype and Grifting in Industry"
Originally Published 1 year ago — by Futurism
CEO of Google DeepMind, Demis Hassibis, criticizes the AI industry for being filled with hype and potential grifters, likening it to the frothiness of the crypto industry. He believes the excessive hype around AI may be distracting from real innovations and scientific research in the field. Despite the dominance of generative AI tools in public discourse, there are diverse and impactful applications of AI, but the influx of funding without clear monetization paths raises concerns about scams and crashes. Hassibis emphasizes the untapped scientific potential of AI and urges a more balanced approach to its development.