People Loved the Dot-Com Boom. The A.I. Boom, Not So Much.
Key Points:
- Silicon Valley executives claim artificial intelligence will drastically improve lives and become as transformative as electricity or fire.
- Historically, new technologies like radio and television were also promised to fundamentally change society, but those expectations were often unmet.
- Public skepticism toward AI is significant, with over a third fearing it could end human life and many unwilling to pay extra for AI features on devices.
- A recent survey found 80% of firms report no impact from AI on productivity or employment, indicating slower adoption than anticipated.
- OpenAI CEO Sam Altman acknowledges greater resistance to AI integration into culture and economy than initially expected.