THE BOTTOM LINE
·
SUBSCRIBERS
Why the AI boom is not a dotcom redux
The simulation of human intelligence in machines has dramatic potential to change the way the economy works
Published Tue, Jun 6, 2023 · 05:34 PM
THE media hype over artificial intelligence (AI) since Microsoft announced its investment in ChatGPT in January inevitably calls to mind the excesses of the dotcom bubble.
The sense of deja vu was reinforced last week as the market capitalisation of Nvidia, whose chips power AI applications at ChatGPT, among others, briefly topped US$1 trillion. So is it a case of here we go again?
In fact, no. There is much about this AI buzz in the markets that is healthy.
Share with us your feedback on BT's products and services
