“AI is the new electricity.” - Andrew Ng, AI pioneer
Slowly, steadily, one step at a time
Every technological revolution arrives with excitement, from the internet to smartphones. Artificial intelligence is the new one, expected to reshape how humans live and work. While the promise is real, there is no clarity on how long it might take. The hype around AI runs far ahead of what can be realistically delivered by companies as of now.Money sniffs opportunity
Money is flowing into AI at a historic pace. US startups have seen valuations rise to nearly a trillion dollars and billions are being spent on chips, data centres and cloud training infrastructure. But neither are enterprise pilots proving robust and implementable at scale, nor are AI firms showing great profits. For now.
The developing world
Unlike the West, India focuses on digital infrastructure, data, and skilled talent. With strengths in telecom, fintech and vaccines, India can build globally competitive, cost efficient AI products. AI could power a home grown industry in applied technology, expanding exports and strengthening its digital ecosystem. It's a matter of vision.
But nothing comes overnight
Industries like manufacturing, education and retail are adopting AI step by step. Real change will happen when businesses redesign processes around AI, not just add tools on top. That shift could take years because real world is messy, and solutions need careful tweaking at each step. Investments bubbles are likely, but sustainable value emerges when technology meets real demand. That is never an easy task.
Keep them grounded
AI is as revolutionary as electricity or the internet, as user feedback clearly shows. But early excitement often overshoots reality. The real payoff comes from deep innovation, disciplined investment and avoiding speculative excess. Over time, as hype fades and applications mature, true value will shine through.
Summary
AI will transform industries, but the journey needs patience. Massive investments and enthusiasm today must translate into realistic outcomes. Sustainable growth will arrive when technology, regulation and business value align.
Food for thought
Are we building AI for genuine use cases or for chasing investment excitement?
AI concept to learn: Applied AI
Applied AI focuses on using artificial intelligence to solve real world business or societal problems. It is less about flashy algorithms and more about integrating AI into processes, products and services that truly create measurable value.
[The Billion Hopes Research Team shares the latest AI updates for learning and awareness. Various sources are used. All copyrights acknowledged. This is not a professional, financial, personal or medical advice. Please consult domain experts before making decisions. Feedback welcome!]
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