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AI Hype: Navigating through it by being Real and Transparent.

AI Hype: Navigating through it by being Real and Transparent.

The Reality of Artificial Intelligence (AI)

As we all know that Artificial intelligence (AI) is one of the most innovative aspects in today’s dynamic technological world that can change many other fields and daily life itself. However, beneath the surface of promise of AI lies a deceptive reality obscured by hype and noise.

Historical analogues such as the Mechanical Turk remind us that human involvement can be masked behind the illusion of autonomy. Just like the Mechanical Turk whose outstanding chess prowess was attributed to an undisclosed operator, some modern AI systems need human inputs for duties such as data sorting or running basic administration tasks. In this context, it is worth noting that these revelations undermine notions regarding full independence of AI; therefore, transparency becomes questionable.

The situation gets even more complex with AI-washing. Companies willing to exploit the charm of AI go beyond its limits causing misunderstanding and low expectations. The gap between promise and reality grows wider – from overstating technological advancements to making deceptive claims about predictive powers. This trend affects investors’ confidence in the long-term sustainability of AI technology as well as consumer trust and business reputation.

Concerns about sustainability and genuine value creation are raised by the rapid rise in AI investments, which is reminiscent of past tech bubbles. Like the dot-com boom of the late 1990s, this excitement over AI has caused a flurry of corporate spending and speculative investment. However, if it doesn’t provide clear examples of how it can be practically beneficial or address certain ethical issues that arise; such enthusiasm can become unsustainable.

However, there is hope amidst cautionary tales and market dynamics. According to Gartner Hype Cycle, at the peak of inflated expectations lies a period of disillusionment. It’s during this stage that meaningful strides are made-ones based on transparency, realism and true innovation.

As we go through this terrain, a human touch must be added to it. AI is not only about algorithms and profits but it’s also about empowering human abilities and addressing real world problems. In the quest for this, we need to hold tech giants and start-ups accountable. In the development and implementation of AI, transparency ensures that what was promised can be delivered.

In conclusion, the path ahead for AI may be hard with problems and controlled expectations but possesses great potential. Through encouraging transparency that puts our expectations in real context, we build a foundation on which truly transformational AI can change our world for better. With open eyes clear enough of the opportunities as well as obstacles let us take responsibility in using artificial intelligence.

Saksham Gupta

Saksham Gupta | CEO, Director

An engineering graduate from Germany, specializations include Artificial Intelligence, Augmented/Virtual/Mixed Reality and Digital Transformation. Have experience working with Mercedes in the field of digital transformation and data analytics. Currently heading the European branch office of Kamtech, responsible for digital transformation, VR/AR/MR projects, AI/ML projects, technology transfer between EU and India and International Partnerships.