AI Hype Starting To Fade, As Attention Turns To Real-World Uses

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by Tyler Durden
Saturday, Jan 20, 2024 - 02:55 PM

Is the AI hype starting to fade?

That's the question Deutsche Bank's head of thematic research, Jim Reid, asks when looking at the declining number of mentions of AI-related topics in Russell 3000 earnings transcripts. To him, the drop suggests that the right way to think about AI is that "the froth is beginning to dissipate as businesses turn their focus onto real-world uses rather than pie-in-the-sky applications."