A lot of articles these days are focusing on disillusionment with AI and reference the now-infamous MIT report. But, from a historical perspective, this is nothing new and doesn't mean that AI itself will prove useless. All previous major inventions (electricity, cars, personal computers, the internet) had a time gap from when they came out, to when they achieved mainstream adoption. During these gaps, there were a lot of startups, a lot of experimenting, setbacks, and money lost.
I suspect the main reason is that, with all these technologies, for businesses to extract the maximum value, they have to make changes to their business processes and strategies. At first, they simply try to use the technology to speed up their existing processes, which weren't designed with the technology in mind.
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