Spending billions on AI startups: A Disturbing Trend in Valuations
The madness of spending billions on AI startups raises alarm over staggering valuations and the implications for society. Many of these companies focus on trivial applications while genuinely innovative solutions remain sidelined, posing a threat to the workforce ... Spending billions on, AI startups, hope for change, Technology grows The line between innovation and madness appears to be increasingly blurred these days, and spending billions on AI startups has become a perplexing trend. Emerging US tech companies are securing multi-billion-pound valuations, yet many barely grasp the true essence of 'artificial intelligence.' Instead of pioneering genuine breakthroughs, these companies often rely on machine learning techniques that regurgitate two decades' worth of internet content - a mélange of 20% legitimate information, 40% dross, and 40% criminal activity. It seems the 80/20 rule is alive and well, but |
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