Why it's time to reset our expectations for AI The hype we have been sold for the past few years has been overwhelming. Hype Correction is the antidote. Can I ask you a question: How do you about AI right now? Are you still excited? When you hear that OpenAI or Google just dropped a new model, do you still get that buzz? Or has the shine come off it, maybe just a teeny bit? Come on, you can be honest with me.

Four ways to think about this year's reckoning When OpenAI released a free web app called ChatGPT in late 2022, it changed the course of an entire industry--and several world economies. Millions of people started talking to their computers, and their computers started talking back. We were enchanted, and we expected more. Technology companies scrambled to stay ahead, putting out rival products that outdid one another with each new release: voice, images, video. With nonstop one-upmanship, AI companies have presented each new product drop as a major breakthrough, reinforcing a widespread faith that this technology would just keep getting better. Boosters told us that progress was exponential.