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There is a prevailing atmosphere in Silicon Valley characterized by both excitement and anxiety regarding AI's potential. While many are enthusiastic about the advancements and applications of AI, there is growing concern over funding challenges and the potential impact on employment. Historical context reveals that past AI booms have led to over-promises by marketing, often outpacing engineering developments. Observers note that while substantial progress is likely in the coming years, some professions may face obsolescence as AI continues to evolve.