The surge of money flooding into artificial intelligence has resulted in some crypto-like hype that is obscuring the incredible scientific progress in the field, according to Demis Hassabis, co-founder of DeepMind.
The chief executive of Google’s AI research division told the Financial Times that the billions of dollars being poured into generative AI start-ups and products “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.
“Some of that has now spilled over into AI, which I think is a bit unfortunate. And it clouds the science and the research, which is phenomenal,” he added. “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.”