How AI Startups Can Survive an Upcoming AI Winter.
There is more chatter in the AI dev world about a potential approaching AI winter and many are postulating on the likelihood of a prolonged downturn in AI funding and advancement and what that will mean for the industry. The short answer is that we are entering a sort of AI winter due to the approaching economic downturn/stagnation. This is because the volume of'free cash' flowing in the economy is being reduced by the federal govt through various actions such as Quantitative Tightening, rising interest rates and a falling stock market. The result will be that investment companies and governments will pare back high flying and beyond the bleeding edge research in AI that have brought about our current state of advanced AI development. This will primarily affect AI tech that is more directed to the general public such as novel AI infused products in areas where the returns are long term or where returns are not immediately'valuable' (i.e.
Jun-23-2022, 03:20:24 GMT
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