"Artificial Intelligence" (AI) is all the rage again, including in the Alternative Media in recent days, with fantastic claims about what AI is going to do to transform society in the future.
AI is promoted today as "new" technology, but did you know that AI has a 75+ year history of making fantastic claims about how it is going to transform society and replace humans?
If you read the history of AI, you will see that many of the claims being made for AI today are not that new at all, and that investors in the AI technology have been losing money on AI for over 75 years now.
That is not to say AI cannot be profitable. It can be very profitable if you are in the film industry and create science fiction stories, which Hollywood has been doing at least as far back as the 1930s and the "Frankenstein" blockbuster films. It is also very profitable in today's booming video gaming industry, which is now branching off into virtual reality.
But when it comes to actually trying to implement the fictional ideas of AI through technology to produce something of value, like a robot that can replace a human, AI comes up short again and again, for over 7 decades now, because investors are fooled into believing that science fiction can actually be implemented in the real world, outside of the virtual reality fake world.