- Easy Cloud Solutions
- Posts
- Experts warn AI bubble may soon burst
Experts warn AI bubble may soon burst
Hello Easy Cloud community! Here you’ll read about AI news, AI companies, and AI emerging trends. Click for online newsletter.
All your news. None of the bias.
Be the smartest person in the room by reading 1440! Dive into 1440, where 3.5 million readers find their daily, fact-based news fix. We navigate through 100+ sources to deliver a comprehensive roundup from every corner of the internet – politics, global events, business, and culture, all in a quick, 5-minute newsletter. It's completely free and devoid of bias or political influence, ensuring you get the facts straight.
What's in this week's issue?
🫧 Experts warn AI bubble may soon burst
😕 Gen Z has mixed feelings on AI
⛅️ Easy Cloud News
📰 AI News
🧰 AI Tools
Generated by Midjourney
The surging growth in demand for AI products and the hype surrounding them has driven technology stocks to new highs in the last year, but now experts suggest the AI bubble is bursting.
In a report from Goldman Sachs looking at if this huge monetary confidence will pay off, portfolio manager Brook Dane said: “You get these waves of both investment digestion and hype-reality.
“We really need to see, at some point over the next year to year-and-a-half, applications that use this technology in a way that’s more profound than coding and customer service chatbots.
“If this ends up just doing coding and customer service, we’re massively overspending on this.”
Generated by Midjourney
Samsung recently polled over 5,000 Gen Zers across France, Germany, Korea, the U.K. and the U.S. on their views of AI, and tech more generally. Nearly 70% said that they consider AI to be a “go-to” resource for work-related tasks like summarizing documents and meetings and conducting research, as well as non-work-related tasks such as finding inspiration and brainstorming.
Yet, according to a report published earlier in the year by EduBirdie, a professional essay-writing service, more than a third of Gen Zers who use OpenAI’s chatbot platform ChatGPT and other AI tools at work feel guilty about doing so. Respondents expressed concerns that AI could limit their critical thinking skills and hamper their creativity.
Easy Cloud News
AI News
🇮🇪 Elon Musk’s X faces legal fight with Irish watchdog over AI user data concerns (link)
🚕 Waymo wants to chauffeur your kids (link)
🖋️ DeepMind workers sign letter in protest of Google’s defense contracts (link)
🕹️ Hydrogels can play the game Pong by 'remembering' previous patterns of electrical simulation (link)
🤖 The next-gen humanoid robot is knocking at your door (link)
AI Tools
This newsletter is powered by Beehiiv