AI may be overhyped at the moment, but Satori Fund founder Dan Niles believes it's actually not getting enough attention, given its long-term potential.
However, this is usually how it goes with a new, powerful technology, Niles said.
But over the long-term, much as with the internet, Niles said, AI is "real" and "going to change the way we live."Niles predicts that AI is actually "under-hyped [in the] long-term."However, just as thousands of companies went bust during the dot-com bubble, many firms touting their use of AI may not profit from the technology or even survive at all.
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