Former Google CEO Eric Schmidt runs the Special Competitive Studies Project, a non-profit vehicle for him to make excuses for the AI bubble industry. [SCSP.ai] Schmidt spoke at SCSP’s inaugural “AI…
I wonder if this signals being at peak hype soon. I mean, how much more outlandish can they get without destroying the hype bubble’s foundation, i.e. the suspension of disbelief that all this would somehow become possible in the near future. We’re on the level of “arrival of an alien intelligence” now, how much further can they escalate that rhetoric without popping the bubble?
I wonder if this signals being at peak hype soon. I mean, how much more outlandish can they get without destroying the hype bubble’s foundation, i.e. the suspension of disbelief that all this would somehow become possible in the near future. We’re on the level of “arrival of an alien intelligence” now, how much further can they escalate that rhetoric without popping the bubble?
I don’t understand why the bubble still holds
Sunken cost for relative few people (investors). They need to push it until the public buys in, then they can pull out and pop it.