Artificial intelligence has reached peak hype. News outlets report that companies have replaced workers with IBM Watson and that algorithms are beating doctors at diagnoses. New AI startups pop up everyday, claiming to solve all your personal and business problems with machine learning.
Ordinary objects like juicers and Wi-Fi routers suddenly advertise themselves as “powered by AI.” Not only can smart standing desks remember your height settings, they can also order you lunch.
Much of the AI hubbub is generated by reporters who’ve never trained a neural network and by startups or those hoping to be acqui-hired for engineering talent despite not having solved any real business problems. No wonder there are so many misconceptions about what AI can and cannot do.