Comment by tiendil

Comment by tiendil a day ago

0 replies

Rumors are rumors.

1. Positive rumors are profitable => they are targets for marketing activities, especially when huge money is at stake.

2. Humanity has a long history of false "fast technological success" rumors: thermonuclear fusion, a cryptocurrency that will disrupt the bank system, IoT that will revolutionize everything, AI boom at 80th, etc. They are almost always wrong.

3. Development cycles in IT are fast; on highly concurrent markets, they are extremely fast. The current public information in the AI industry describes almost the actual state of it. The risk "not to be the first one" is too high to hide or delay something. Such a delay may literally cost billions of investments.