Tom Burton argues there is no AI bubble to burst but acknowledges substantial hype. He says enthusiasm has cooled as businesses and individuals confront challenges (resources, costs, development difficulty) in extracting real value; the underlying opportunity remains intact.
I don't believe there is an AI bubble. So I don't think there's anything to burst. I think that there is a lot of hype around AI and a lot of it is because we're all learning together and we're all working through this together. I think that the hype factor is diminishing where people are realizing, hey, this is cool, this is interesting, this is neat, but how do I actually get value out of this in my life and in my business and as we've talked about. Right. It's still a little difficult because of resources and costs and other things to even in building with it and developing with it, to get the value that you would potentially really would perceive that you could get. But I would have expected we would have been farther along, way ahead our application and some of the use cases of things with AI than we have been this year. Right, Right. I had more hype in December. That hype, to me, has dropped down because we haven't materialized. But it's not because there's a bubble. The opportunity is still there.
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