{"id":186583,"date":"2024-04-01T16:22:28","date_gmt":"2024-04-01T21:22:28","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/04\/ceo-of-google-deepmind-says-ai-industry-full-of-hype-and-grifters"},"modified":"2024-04-01T16:22:28","modified_gmt":"2024-04-01T21:22:28","slug":"ceo-of-google-deepmind-says-ai-industry-full-of-hype-and-grifters","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/04\/ceo-of-google-deepmind-says-ai-industry-full-of-hype-and-grifters","title":{"rendered":"CEO of Google DeepMind Says AI Industry Full of Hype and Grifters"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/ceo-of-google-deepmind-says-ai-industry-full-of-hype-and-grifters2.jpg\"><\/a><\/p>\n<p>Talk about the call coming from inside the house!<\/p>\n<p>In <a href=\"https:\/\/www.ft.com\/content\/774901e5-e831-4e0b-b0a1-e4b5b0032fb8\" class=\"\">an interview with <em>The Financial Times<\/em><\/a>, Google DeepMind CEO Demis Hassibis likened the frothiness shrouding the AI gold rush to that of the crypto industry\u2019s high-dollar funding race, saying that the <a href=\"https:\/\/www.inc.com\/sam-blum\/ai-funding-continued-its-hot-streak-in-february-in-an-otherwise-dim-vc-market.html#:~:text=Last%20year%20saw%20%24170.6%20billion, in%20OpenAI%20in%20January%202023.\" class=\"\">many billions<\/a> being funneled into AI companies and projects brings a \u201cbunch of hype and maybe some grifting and some other things that you see in other hyped-up areas, crypto or whatever.\u201d<\/p>\n<p>\u201cSome of that has now spilled over into AI,\u201d the CEO added, \u201cwhich I think is a bit unfortunate.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Talk about the call coming from inside the house! In an interview with The Financial Times, Google DeepMind CEO Demis Hassibis likened the frothiness shrouding the AI gold rush to that of the crypto industry\u2019s high-dollar funding race, saying that the many billions being funneled into AI companies and projects brings a \u201cbunch of hype [\u2026]<\/p>\n","protected":false},"author":556,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-186583","post","type-post","status-publish","format-standard","hentry","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/186583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/556"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=186583"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/186583\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=186583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=186583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=186583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}