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Is investing in artificial intelligence a massive waste?

Published
1 min read
J

I am a legal counsel and IP specialist with technology expertise in software, machine learning and Web3 technologies. I also have extensive experience with medical devices and mechanical devices.

In 2017, Elon Musk had boasted that OpenAI had surpassed humans at playing the popular multiplayer action game Dota, in another attention-grabbing demo.

"In the Bay Area, in the universities and at Google, OpenAI are regarded as clowns," says a scathing Filip Piekniewski, a leading robotics scientist and entrepreneur, who wrote a viral post predicting the collapse of the current #AI boom two years ago.

"If you step back and look at this company, what is their product? Their product is PR stunts that cost millions. That's it. It's a magician and a circus." Musk himself quit OpenAI's board 18 months ago, citing potential conflicts of interest with his Tesla car company.

Machine learning scientist Jeffrey Ng, head of AI the Founders Forum network in London, notes "a little temperance investment", but is confident that judicious use of deep learning techniques, in the right context, can increase #productivity.

https://www.afr.com/technology/is-ai-it-just-a-giant-waste-of-money-20191028-p534uc