The article discusses the hype surrounding AI tools and the potential letdown for big tech companies by 2024. It highlights the rapid adoption of AI tools like ChatGPT and the excitement they have generated. However, the author argues that the current AI tools have significant limitations and may not live up to the hype in the long run. The key points are: 1) AI tools are still narrow and lack true intelligence, relying on pattern recognition and large datasets. 2) They struggle with complex reasoning, common sense, and understanding context. 3) There is a risk of overpromising and underdelivering, leading to a potential “AI winter” where interest and investment wane. 4) Big tech companies like Google, Microsoft, and Meta are heavily investing in AI, but may face a letdown if the tools fail to meet expectations by 2024. 5) The article cautions against getting carried away by the hype and suggests tempering expectations for AI’s capabilities in the near future.
Source: https://www.businessinsider.com/ai-tools-reality-vs-hype-letdown-big-tech-2024-8