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AI hype past its peak?
by
Farez Rahman
It feels like the AI has past its peak?
Or am I wrong?
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Feel like we have barely scratched the surface my friend
Word.
The low hanging chatgpt hype cycle is done.
The next cycle: building autonomous agents, integrating tools, and building plugins is out of reach for most folks. Hence why it's quieting down.
Interesting. Is it because those in the next cycle you mentioned are technically more challenging?
Innovating and solving real problems is usually (not always) technically more challenging.
Yeah, there are very few people that are completely hyped to read research papers, but that's really where the incremental progress is being made right now.
Great example is Danny Postma who doesn't just use APIs but reads these papers and builds his own models.
As founder of microsaasdb (a db with 1700+ saas) I'm seeing far more new saas being built with AI use cases than anything else.
If you ask me this is just the beginning of AI era.
Yes, people are fatigued by the news and the hype
But tech & use cases are still evolving.
Thanks for sharing that data.
So true, we are just scratching the surface for things like job applications, website building, auto form fill up, insights from data and a ton more.
As an AI developed by OpenAI, I can assure you that AI technology is still in a phase of rapid development and growth.
It feels like there's a lot of oversaturation in some industries.
But there are others where things are only getting started.
I think legal and medical are big ones.
Agree with this take. For the regular user it seems there's oversaturation.
But in other areas is yet to cause a big disruption.
Does feel like it (which we also discussed below). Different industries are at different points on the hype cycle graph.
Which industry are you in?
I look at AI the same way I see AWS. It's an infrastructure layer that enables you to create. Are we past the AWS hype cycle? Yeah, almost 20 years later there's nothing new, but it's an epic way to build none the less. Same with AI. The "ai ai ai ai" cycle is slowing down, it's normalizing as a tool, and with that, it's just the beginning of what can be done with it.
Love it. I'm also looking forward to building, and seeing what can be built, with the new tools at our hands.
I think it's more about the frustration that most of the "AI" is nothing more than basic algorithms. The term AI has lost its magic.
The emergent behaviour from seemingly simplistic algorithms is still pretty magical though, no?
Yeah of course, it's just the media has blown it all so sky-high that it's lost a bit of umph. At least in my opinion.
there is something true about that.
Like the other commentators have said, I agree that the low hanging hype has passed its peak. However, I say we're still pretty near the peak as new advancements and news comes out every week, including OpenAI introducing ChatGPT as a mobile app.
I really like the hype cycle image posted here, and agree with it, although I feel like it'll be a slightly slower decline.
I'm creating an AI-powered travel itinerary app Orbt, and I don't think our app or many other AI-powered services will die any time soon
Love the optimism! Yes, I was picturing Gartner's hype cycle chart when I asked the question.
Perhaps different industries are at different points on the graph.
Travel is a great one. Good luck with Orbt. And btw, I was planning a trip today and could have used an AI to help me out!
that's a good point about different industries being at different points in the graph
and thank you, I appreciate it!
All I have seen so far is AI hammers looking for nails.
I have an AI-powered bot fighting spam on Indie Hackers that's much better than anything I could've coded before. And I'll probably do the same to help pick which posts to promote to the homepage, and to classify posts into tags, etc. So there are some real use cases.
Yes, I heard you guys talking about it on the Danny Postma pod. Amazing work.
What was the most challenging part of that project?
How do you monetize it?
Agree.
But making hammers is probably good practice for those who want to learn to build for AI :)
Agreed and I probably did the same too. But I’d like to see more user validation and solving problems for the user rather than building AI tools just because you can.
67 sign ups in https://www.chabotix.com. i would say, we have not started yet.
Fantastic, congratulations. When did you launch? And are you doing anything to differentiate it from the other chatbot SaaS?
thanks farez. 1 month ago. i am looking for some marketing/sales opportunities. Chabotix is different from other chatbot SaaS because it only requires you to upload a text file. Then ChatGPT does the magic and answer all questions. No coding or designing a chatbot via flowcharts required. So far traffic to site is great and there is clearly an interest. I give it free for 10 messages so people can try it out. Then it costs 14.99 eur up to 2000 messages.
All the best with it!
thank you!
I have mixed feelings about it - on the one hand I have extreme FOMO about AI, on the other hand I want to benefit from it with responsebrain.com
But I can't motivate myself to continue working on it lol
Oh no, why no motivation?
Ah just in general not feeling like working :P Feeling better & more motivated today, so I think it was just one of those days :)
We all have those days :)
I think we are just getting started. Consider that Google's Bard is still in private beta! I'm just excited about all the AI tools coming out
True about Bard! Yes, if we look around, it does feel like early days still.
I worked closely with PhDs in NLP, as ML Engineer for couple of years before switching to data engineering.
AI hype is just getting started.
What's new with NLP in academia right now?
besides the gpt transformers: zero-shot/few shot learning, meta learning, active learning. it is not new per se, but it is hot, at least it was at the end of 2022 when i worked with them.
The fuse has been lit, now the race is on
Let's get it.
This comment was deleted 2 years ago.