"You know what, I think AI is really interesting and I think it is going to change the world. And at the same time I hate the hype cycle so much that I really don't want to go there.
"So my approach to AI right now is, I will basically ignore it, because I think the whole tech industry around AI is in a very bad position. It's 90% marketing and 10% reality.
"In five years things will change. And and at that point we'll see what of the AI is getting used every day for real workloads instead of just — [you know] Chat GPT makes great demonstrations, and is being used in many areas — graphics design, things like that — but I really hate the hype cycle. And it's not just AI it's I think it's an industry problem."
~ Linus Torvalds, creator and lead developer of Linux, interviewed at the 'Open Source Summit' in Vienna [37:34]
"Like many other technology waves, a bubble is kind of inevitable. When you pass the stage of initial excitement people would be disappointed that the technology doesn't meet a high expectation generated through the the initial excitement.
"We've seen this many times. When the internet took off in the mid to late '90s ... and there there was a huge bubble at the end of '99 and until probably March of 2000 [when] the bubble burst. Similar for mobile internet. And this time for generative AI; I think we will also go through that kind of period too.
"But I think it's also healthy; it will wash out a lot of, you know fake innovations or, products that don't have a market fit.
"But after that probably 1% of the companies will stand out and become huge, and will create tremendous value ... and I think we're just going through this kind of process this year."
~ Robin Li, Baidu CEO, interviewed at Harvard Business Review's 'Future of Business' conference
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