> Obviously those exposed in the AI hype will tell you that there is no winter.
Go look at how much money was spent on AI R&D in the last AI 'summers' (and winters). Pennies compared to the billions and billions of dollars the private and public sector is throwing at it right now.
Will some investments turn out to be a waste of time and money? Yes.
Will investment be reduced to a fraction of what it is today? Hell no.
The music stops when humans are economically obsolete.
Half the world runs on Big Tech. Some of them have cash reserves bigger than the GDP of sizeable countries. They lead in R&D investment: https://www.rdworldonline.com/top-15-rd-spenders-of-2024/
> Obviously those exposed in the AI hype will tell you that there is no winter.
Go look at how much money was spent on AI R&D in the last AI 'summers' (and winters). Pennies compared to the billions and billions of dollars the private and public sector is throwing at it right now.
Will some investments turn out to be a waste of time and money? Yes.
Will investment be reduced to a fraction of what it is today? Hell no.
The music stops when humans are economically obsolete.