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The amount of money being invested in AI (artificial intelligence) is wild. So much money is being poured into the industry. Investors all want to bet on leaders of this new era, and large AI companies are pouring a lot of that cash into enormous data centers packed with unbelievable amounts of computer hardware, and powered by dozens upon dozens of dirty, polluting power plants. However, has it all gone too far?
Note that this is not to say AI isn’t doing amazing things and won’t continue to be more and more useful. However, there’s some concern the hype and the investment have gone too far. Let’s roll through a handful of recent comments and facts.
Yann LeCun, one of the “Godfathers of AI,” is one of the notable people who think the industry has been far too overhyped and misunderstood. He’s been pointing out that AI costs could be much higher than the amount of money customers are willing to pay for it.
“The prices are going up of those AI services, but the cost of running them is going down, but not nearly fast enough,” LeCun recently said. “And so all of those companies are losing money, and basically, the use for most people is funded by the investors. That can’t go on for a very long right?”
