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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Would you like to know more? |
If anything I've written in this blog post resonates with you and you'd like to discover more about my career and how I've been riding the crest of the technological wave, it may be a great idea to give me a call on |
Share the blog love ... | |||||||||||||||||||||||
#AIstartupMadness #AIinnovationStalled #RisingValuationRisks #TrivialAppsThreatenWorkforce #SocietyAtStake |
About Pritesh Ganatra ... | ||
|
More blog posts for you to enjoy ... | ||
 | The Essential Role of Two Factor Authentication in Preventing Hacking Attacks In our digital age, safeguarding personal information is crucial. Two Factor Authentication (2FA) stands out as a vital security measure, offering a robust layer of protection against hacking. By requiring an additional piece... | |
 | Choosing the right business technology rather than blindly trusting AI Choosing the right business technology is not about chasing the latest AI promise. It is about matching mobile networks, fibre, Wi-Fi, IoT and software to the real task. In practice, a sensible technology strategy still beats... | |
 | Fraud, Fraud, Fraud! What's The Cost To Your Business? Did you know that small and medium-sized enterprises (SMEs) account for 99.9% of the businesses in the UK? At the start of 2023, there were estimated to be 5.6 million private-sector businesses ...... | |
 | Do You Test Your Email Systems Regularly? I recently sent an email to someone I had previously corresponded with. When I got a bounce-back, I thought I had the wrong address or made a typo. I doubted myself, as that is my nature, but seeing the email address in my ‘h... | |
 | What's Your Back Up Strategy? Here is the irony of the situation. It was inevitable that it would happen one day; that I would be caught out on the very thing I always preach to my clients. In two words: data backup ...... | |
 | The Importance Of Being Earnest I still believe in the notion that 'people buy from people', however, we seem to be in a world where people are being pressured into buying technology for the fear that their business will fail or be left behind if they don't... | |
 | About The Security Of Your Core Business Network The roots of technology, especially in the telecommunications industry, go back to 1837 with the introduction of the Morse code telegraph over copper wires. Prior to that, a written message would need to be handed to a horsem... | |
 | What is email security, and why do you need to be really careful about it? Did you know that emails can be intercepted and the contents manipulated, modified and forwarded back to the intended recipient without you even knowing about it? Sounds frightening, doesn't it?... | |
Other bloggers you may like ... | ||
 | Your contact database should be working for you Posted by Steffi Lewis on https://www.yourpcm.uk Your contact database should be one of the hardest-working assets in your business. Yet for many small business owners, it becomes little more than a ... | |
 | Why Should You Use A Bookkeeper? Posted by Alison Mead on https://blog.siliconbullet.com Keeping track of your accounts is a science as well as an art form. Yes, of course you can do it yourself, but wouldn't a bookkeeper make your life a ... | |
 | Further guidance released on the summer holiday VAT reduction for families Posted by Roger Eddowes on https://blog.essendonaccounts.co.uk As the temporary 5% VAT rate for children's meals and selected family attractions approaches, HMRC and HM Treasury have issued further guidance to hel ... | |
 | Why most small business owners struggle with consistent content Posted by Steffi Lewis on https://www.sblogit.com If you've ever said to yourself, ''I really need to post more regularly'', only to realise it's been three months since your last blog post? You're no ... | |