Filip Piekniewski, an expert in the AI field, recently predicted the advent of an “AI Winter,” a period of disillusionment and evaporating funding for such research. Breakthroughs appear to be slowing and those that do occur require ever-larger amounts of data and computer power, he said in a blog post earlier this year.
“Just because you have special tech and AI doesn’t mean you’re off to the races,” said Vasant Dhar, a professor at New York University who has run an AI-powered hedge fund for about a decade. “This tech is interesting but fraught with all kinds of risks.”
This article was provided by Bloomberg News.