AI is Dead!

The AI Hype Cycles The first and second waves of the Artificial Intelligence hype have significantly subsided. Companies that had high expectations are now facing the critical question: What actually works? The First AI Wave Machine learning, image and speech recognition, chatbots – the initial successes seemed to revolutionize the future. But as often happens in the tech world, reality could not live up to the high expectations. Many systems worked well in simple scenarios but failed at more complex tasks. The Second AI Wave Deep Learning and neural networks were supposed to bring the next revolution. Companies invested heavily, attracted by the hope of autonomous systems. But here too, many promises remained unfulfilled – especially with autonomous vehicles and fully automated processes.