A Reminder About Artificial Intelligence And The Hype Cycle
Gartner, Friday, June 16,2023
I think it is reasonable to say we are all experiencing quite a lot of hype about AI related matters at the moment. But what is the specific subject of that hype?
Really, it is about a subset of AI called deep layer neural networks and within that another subset called transformer-based large language models. If we ask ourselves about AI overall - the high level general concept of machine intelligence - the hype cycle is not a short-run, recent thing.
Remember that the Y axis of the hype cycle is 'expectations'. That is - the future expected value of the innovation, in the collective minds of its potential adopting market.