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The AI Bubble: Why $1 Trillion in Investment Won’t Deliver SuperIntelligence

  • Despite investments totaling $1 trillion in AI, the promise of superintelligence remains unfulfilled as core technical challenges persist.
  • Historical instances, like the failed predictions of artificial general intelligence in the past, caution against believing the current projections for AGI by 2030.
  • Companies like Google's Waymo, despite over $12 billion invested, struggle to achieve profitability in AI endeavors, creating concerns for widespread AI investment.
  • Several major AI players, including OpenAI and Microsoft, have faced challenges with profitability, even as they continue to raise substantial funds for projects that show limited results.

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