I spend quite a lot of my time doing due diligence on innovation funding applications. I’ve been doing this for rather longer than is comfortable to contemplate so, over the years, I’ve seen progressive tides of hype wash in, fill a few rock pools, and then wash out again, only to re-emerge a few years later – assuming it had any merit in the first place – in a form that actually works as part of the overall problem-solving ecosystem. That innovation-development-hype-disappointment cycle may actually happen several times before the rest of the innovations needed for an idea to gain market traction catch up. That’s certainly been the case with VR and AR, with IoT and, most of all, with ArtificiaI Intelligence (AI). Continue reading Then a Miracle Occurs: The Hype of AI Pitches
AI (that’s Artificial Intelligence – I have to be clear here as I live in a farming community and conversations have been known to take a strange turn) is a flavour of the moment and is riding high on the arm-waving curve of the hype cycle. We’ve been here before though – as a notion, AI has been through more loops of the hype cycle than most technologies, with successive waves of mutually reinforcing innovation and fiction conspiring to promise more than contemporary understanding could deliver.