Former TikTok CEO Kevin Mayer says AI hype is at an all-time fever pitch right now
Publishing timestamp: 2024-05-24 08:18:09
Summary
Former TikTok CEO Kevin Mayer warns that the hype around artificial intelligence has reached a peak, with valuations looking "astronomical." While there is underlying value in AI, he predicts a coming "stabilization" for valuations. Despite high-profile voices backing the technology, Mayer believes it is "vastly overhyped."
Sentiment: MIXED
Keywords: artificial intelligence, amazon.com inc, microsoft corp, software, breaking news: technology, technology, computer hardware, business news,