August 22, 2024

Artificial intelligence is losing hype

In this article:

Silicon Valley’s tech bros are having a difficult few weeks.
A growing number of investors worry that artificial intelligence (AI) will not deliver the vast profits they seek.
Since peaking last month the share prices of Western firms driving the ai revolution have dropped by 10%.
A growing number of observers now question the limitations of large language models, which power services such as ChatGPT.