Reality of the AI ​​hype: Disillusionment among start-ups and Big Tech

Reality of the AI ​​hype: Disillusionment among start-ups and Big Tech

The current status of artificial intelligence (AI) is described by many experts as a mixture of hype and reality. Andreas Proschofsky called this phenomenon the “AI hype that meets the first traces of reality”. The original enthusiasm, which was accompanied by high expectations, is now giving way to a certain disillusionment in many places.

It was originally believed that AI startups would end Big Tech's monopoly. But it is now clear that established corporations continue to maintain control and are even reducing their expectations regarding AI. This shift in perception and market dominance has sparked debate about whether AI has already reached its peak or whether we are just at the beginning of an era of innovation.

The development and integration of AI technologies in various areas such as medicine, finance and automotive have already led to significant progress. But the discussion about the future of AI is characterized by a certain degree of uncertainty and the need to set realistic expectations. Overall, artificial intelligence appears to be gaining in both progress and challenges, which is only further fueling the debate about its future.

The question of whether AI has already reached its peak or whether there are still many innovations to come remains open. At a time when technology and data are playing an increasingly important role in our lives, it is crucial to find the right path for the development and application of AI. This is the only way to ensure that the potential of this technology is fully exploited while at the same time ethical and social concerns are adequately taken into account.