Artificial Intelligence (AI) is drawing enormous investments, but concerns are growing that it may be a bubble. The recent crash in Nvidia's share price has added to the worry.
While some studies cast doubt on the justification for these investments, major tech companies like Google, Facebook, and Meta are not slowing down their AI spending. AI is already being used in various industries, including analyzing sales data, optimizing energy consumption, and improving recycling.
However, the use of generative AI, such as ChatGPT, is still in the early stages. Experts believe that killer applications that truly revolutionize industries are yet to be invented.
Nevertheless, the consensus is that AI is here to stay and will be one of the biggest trends in the medium and long term.
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