Archives Artificial Intelligence - Page 3 of 5 - New Eastern Outlook

As artificial intelligence (AI) continues to advance, an important but unnoticed debate is taking place within the halls of Western power and among a handful of billionaire business leaders and investors regarding the shape of the world to come as this technology permeates every aspect of modern civilization.

Innovations related to artificial intelligence are already changing our lives, and in the foreseeable future they promise many revolutionary transformations.

The parallels between the AI bubble and past financial crises are too numerous to ignore. We have excessive valuations disconnected from profits. We have circular financing, creating an illusion of growth. We have massive spending based on optimistic future projections.