The so called "AI Bubble" is definitely deflating. Not sure if it's going to be a quick pop or a slow deflate, probably the latter.
In addition to what others have said, polls that have been done regarding public trust in AI is on a steady decline. While more people believe it can be useful in some situations, the distrust of it, and how it's being used, is defiantly helping to let the air out of the bubble. A vast majority of people (users) won't pay to use AI, so that falls on businesses to pay for it, and like one of the articles said, not all businesses can justify the cost. Also, as you move further up the AI chain, a vast majority of the money in AI is basically circulating among 4 or 5 entities. That's also not sustainable.
To top it all off, many promises have been made about AI, only for those who invested into those promises to later discover they're much harder and costly to actually fulfill.
I don't see public trust in AI growing anytime soon, but continuing to decline. I think that trend is now starting to carry over into some businesses, where I hope it grows. This is a bubble that needs to pop. AI can be a useful tool, but it also doesn't need to permeate every aspect of our lives like some in the business wish it could.
That's just my 2 cents. 😀
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