3 Reasons AI Is Way Overhyped

Artificial Intelligence is way overhyped. I remember well how over-hyped AI was back in the early 1980s when I worked with Applied Expert Systems, a startup founded by some MIT professors that aspired to use expert systems to transform the world of personal financial planning. I helped bring the software to the company and participated in so-called knowledge engineering by interviewing a personal financial planning expert. The idea was to convert the expert's decision making rules into software and build a system that would replace personal financial planners. Sadly for those who invested time and money in this company, its product never found much of a market and it folded.