Originally published at: ARTIFICIAL INTELLIGENCE AND NANOTECH
If you’re a regular reader here, you’ll probably already know that I am increasingly skeptical, and to a certain extent, alarmed, about the breakneck speed with which artificial intelligence not only is being developed, but being “pushed” as a kind of panacea for all of humanity’s ills. I think, in fact, that we are approaching…
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It’s a limited market, which needs gargantuan amounts of everything to setup and operate, reminds of musical chairs, and when the actual market size establishes, it’s constraints become visible, and really only a very few, maybe between 2 to 3 providers, will survive. Hence the race and frenetic activity and marketing around it all. It will follow the path of finance and we’ll likely end up with the too big to fail very few, who control if not own most everything.