Skip to main content

I gotta say, it must be the grumpy middle-aged man in me, but I’m nearing my limit with all the digital doomsayers and pessimist tech Chicken Littles running amok! As a proudly livid tech-optimistic realist (and yes, that’s a thing now), I’ve got a newsflash with a bright pulsing beam that might just short-circuit your circuits: All this panic about AI’s imminent demise and the “coming apocalypse” of imploding models is more immature and premature than a teenager’s… well, you get it. It’s like watching a arrogant toddler throw a fit over a spilled juice box while the rest of us are busy crafting a positron-powered future.

The “AI Bubble” Baloney

Ah yes, the old ” But AI is not living up to financial expectations” trope. Cue the world’s slowest eye roll—so slow I can happily glimpse at my own brain at leisure (and let me tell you, it’s beautifully spectacular). Big AI investments are rolling in in tidal waves, and expecting overnight early cash returns is for the faint-hearted. We’re talking about the kind of people who think bleeding-edge tech revolutions come with a one-click guaranteed money-back Amazon Prime option. Let’s break this down: PwC estimates AI could contribute $15,7 trillion to the global economy by 2030. That’s right, trillions—more than the current output of China and India combined.

Here’s another fun fact: McKinsey reports 70% of companies consider AI a top priority, but only 20% are actually deploying it yet at (even modest) scale. It’s like everyone’s talking the talk, but only a handful are showing up to play an put their chips on the table. But hold on to your coffee mugs: Gartner predicts that by 2025, 75% of enterprises will finally get past their “AI experimentation phase” and go all-in, operationalizing AI like it’s their job—because it will be. That’s expected to drive $2,9 trillion in business value and 6,2 billion hours of worker productivity. Yeah, that’s not exactly chump change.

And before you go comparing this flat-earth style to the dot-com bubble, let me stop you right there. For a minute. During the dot-com era, $1,7 trillion was poured into the internet dream. Fast forward to now, and internet businesses are worth over $18 trillion. Bam.

What seemed like a bubble was really a caterpillar transforming into a butterfly. Sure, some lost out, but that’s just the price of progress. Today, e-commerce alone is projected to reach $8,1 trillion by 2026 as consumer habits continue to shift towards online shopping. So, while some folks were left holding the bag back then (that’s just the price of progress), many (more) others are now cashing in on the digital revolution.

AI: The Toddler Learning to Run

At the moment, AI is like an overenergetic  toddler—wobbly, falling over, but learning fast and catching on quicker than you can say “Skynet.” Sure, it occasionally says something ridiculous, but that’s all part of the charm. We’re evolving from LLMs (Large Language Models) to LMMs (Language and Multimodal Models), and even CMMs (Causal Multimodal Models). Translation: AI is going from “kind of good at talking” to “holy smokes, it just interpreted my ex’s cryptic Instagram posts!

AI is already shaking up sectors like healthcare, education, climate science, and finance. And don’t just take my word for it: GPT-4 scored in the 90th percentile on the Uniform Bar Exam. Yup, an AI might soon be better at lawyering than 90% of actual lawyers. So, next time you need legal advice (for a friend, of course), you might be asking, “Alexa, represent me in court!”

By 2026, Gartner says 30% of new drugs and materials will be discovered using generative AI. If that’s not a game-changer, I don’t know what is.

Augmented Intelligence: Supercharge Your Brain, Don’t Replace It

Let’s talk Augmented Intelligence. No, we’re not chatting about replacing humans with creepy metallic robot overlords; we’re talking about putting AI on steroids to power up our puny human brains. Imagine having the knowledge of 1.000 experts instantly, or analyzing complex data faster than you can say “deep machine learning.”

Gartner predicts that by 2025, AI will be the number one factor driving infrastructure decisions. In other words, it’ll be calling the shots on how we build our digital future. Picture a toddler designing your house, but this one’s jacked on Red Bull and quantum physics, and its IQ outdances by orders of magnitude Einstein’s on a good day. Oh, and that little detail about 97 million new jobs emerging from AI by 2025? Yeah, that’s happening too, tomorrow. If you’re not ready to adapt, you might find yourself on the wrong side of the AI revolution, muttering about “the good old days” as a chatbot takes your order (and your money).

The Bottom Line: Keep Your Pants On (And Your Wallet Open)

To all the naysayers out there: Chill. Relax. Breath.  AI isn’t dead; it’s barely begun. Sure, the financial and operational returns aren’t instant, but guess what? Neither was the internet, electricity, or even sliced bread (okay, maybe sliced bread was an instant hit, I can’t remember 😊). Investing (money, energy, frustration, hope, dreams,… the works!) in AI now is like buying beachfront property when it still looks like a swamp. In a few years, you’ll be sipping martinis on your AI-powered, emotion analyzing porch swing, probably wondering why you ever doubted.

As Elon Musk said, “AI is a fundamental risk to the existence of human civilization.” But then again, so was fire, and look how well that turned out for us. Sundar Pichai, the CEO of Google, called AI “more profound than electricity or fire.” If you’re not excited (and a little bit scared, that’s fine) about AI, you might as well be living in a cave, rubbing sticks together for warmth.

So, keep your eyes on the prize, your wallet open, and your sense of humor intact. Because when it comes to AI, we’re not at the end—we’re at “Once upon a time.”

Now, if you’ll excuse me, I’m off to teach my AI assistant how to make the perfect negroni. Someone’s gotta do the hard work around here!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from Heliade

Subscribe now to keep reading and get access to the full archive.

Continue reading