CEO of Google DeepMind Says AI Industry Full of Hype and Grifters

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, Google DeepMind CEO Demis Hassibis likened the frothiness shrouding the AI gold rush to that of the crypto industry's high-dollar funding race, saying that thebeing funneled into AI companies and projects brings a "bunch of hype and maybe some grifting and some other things that you see in other hyped-up areas, crypto or whatever.

, it's fascinating to see one of the AI world's biggest executives make the comparison. But according to other experts,. And as that bubble swells, it seems that Hassibis is positioning himself as one of the adults in a Hype Bro-packed room. The CEO's grifter analysis is likely informed by DeepMind's already significant legacy in the AI realm. Founded in 2010, DeepMind sent major waves through the AI industry in 2016 with theTo Hassibis' point, although text and image-creating generative AI tools like OpenAI's ChatGPT are certainly dominating the public conversation, AI is a diverse field.

 

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