The head of Open AI, the creator of ChatGPT, says the world may be in the midst of an AI bubble. Sam Altman's warning coincides with a new report from the Massachusetts Institute of Technology which found that for the tens of billions of dollars spent by companies investing in AI pilots, 95% have seen no boost to profits at all.
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Victoria University's Dr Andrew Lensen says it's important not to blindly give into the hype around generative AI.
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