The AI Hype Cycle: What Blockchain Can Teach Us About Managing Expectations - Grit Daily News

Technology can be a topic difficult to understand and make predictions on, even for those with a strong technical background and perceived expertise. From Ethernet's creator Robert Metcalfe's 1995 prediction that the internet would "catastrophically collapse" by the next year to Intel's prediction that 3D TV was the future, it is clear that predicting tech trends is a difficult endeavor. No matter how hard predicting the future of technology is, every new technology that creates disruption will go through this cycle. Most recently, we have gone through multiple hype cycles with innovations like blockchain, cryptocurrency, the metaverse, VR, and now, AI. Every single of these technologies has captivated not only the public but also developers and investors, blurring the line between facts and fiction.