Demis Hassabis says the AI hype caused by a surge of money is clouding research; CB Insights: VCs invested $42.5B in 2,500 AI startup equity rounds in 2023
British AI pioneer says the billions of dollars being poured into start-ups is obscuring scientific progress in the field
Massive over-investment will produce a mountain of marginal research, no real breakthroughs, and, eventually, a crash. Do we have to keep riding this ride? Can't we stop the carousel and get off?
Hassabis 'said that one or two more critical breakthroughs were needed before AGI was reached. But he added: “I wouldn't be surprised if it happened in the next decade...about a 50% chance... that timeline hasn't changed much since the start of DeepMind."' https://www.ft.com/...