AI Hype vs Reality

There is much ado over layoffs due to the disruption allegedly caused by A.I; but, IRQ believes the layoffs are actually occurring because of bad business decisions.  In other words, those who hype A.I, use it as a scapegoat for layoffs, without acknowledging that A.I’s future is far less certain.

From a business perspective, IRQ educates its clients about the Gartner hype cycle when evaluating any new technology. Succinctly, this cycle explains how new technologies are always overhyped. For example, remember how the blockchain was going to change everything in 2017? Or how about Meta’s “Metaverse”? 

IRQ would urge you to consider the fact that the layoffs at Meta have more to do with wasting $40 billion on the Metaverse, current economic conditions and the uncertainty of the current Trump administrations regulatory environment, NOT A.I. This is especially true when you consider generative A.I’s propensity to generate slop and thus will likely continue to be a flop (Not to be confused with predictive A.I, which has serious potential (you can learn the difference here).

For example, any lawyer who uses generative A.I to write a brief is a damn fool who will quickly put his or her bar card in jeopardy. In contrast, a lawyer who uses predictive A.I to assess the success of a particular legal argument will have an advantage over a lawyer who doesn’t use predictive A.I. (The same goes for every other intellectual profession)

Bottom line, IRQ can predict with reasonable certainty, that AI will not replace humans for intellectual work, but it will help lawyers, doctors, accountants, bankers, coders and others do better work, faster. In other words, don’t believe the hype, hire knowledgable professionals like IRQ Solutions to help you make informed (grounded in reality) IT decisions.