The article discusses the surge in AI investment among tech CEOs, sovereign wealth fund heads, and VCs, driven by the desire to achieve success and enhance public image. It cautions against blindly pouring funds into this volatile sector without thorough evaluation. Companies must discern genuine technological advancement from superficial branding. The author stresses the importance of understanding the nuances of AI investments, especially for those who have integrated AI into their business core, to avoid reputational damage from potential failures.
Short of spaffing half a billion dollars into the void to discover you've bought into a bankrupt crock of ordure, how do you know what to avoid?
If, however, you are steering a giant tech firm which has gone all-in on AI, investing in an AI failure could look bad, very bad, or truly awful.
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