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As Silicon Valley seeks pie-in-the-sky AI dreams, the bubble is deflating [Globe and Mail, The (Toronto, Canada)]
Last nvidia corporation earnings: 2/13 04:20 pm
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After years of double-digit gains, when so much money flowed in that the U.S.'s biggest companies grew larger than Canada's economy, New York's stock markets have entered a period of turbulence. This analysis dovetails with recent talk among analysts that the technology is on the verge of a major breakthrough. AI entrepreneur and blogger Matt Shumer recently posted an essay titled ‘Something Big Is Happening', arguing that AI was on the verge of a quantum leap. He suggested that AI would soon be able to emancipate itself from human control, and ultimately surpass human intelligence. How AI is reshaping the work of software developers The post generated a lot of buzz in the tech blogosphere and reinforced an emerging American narrative that, after years of laying the groundwork, the AI revolution is about to begin However, outside the U.S., this tipping-point story seems to be getting little purchase. In China , the other country in the vanguard of the AI revolution, researche
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