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October 31, 2024
Torvalds Critiques AI Hype, Calls for Substance Over Marketing Fluff
The Register
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Contributed by: Drex DeFord
Summary
Linus Torvalds, creator of the Linux kernel, voiced skepticism about the current marketing surrounding Generative AI during the Open Source Summit in Vienna, deeming it largely exaggerated and insubstantial. He pointed out that while AI holds transformative potential, much of the discourse is inflated hype, estimating that only a small percentage reflects genuine progress or practical use. Drawing parallels to past tech trends like cryptocurrencies, Torvalds criticized the industry's overemphasis on emerging technologies and noted the substantial financial investments in AI, with $95 billion in startup funding and $200 billion from major tech firms in 2023, yet highlighted the stark contrast to the mere $20 billion generated in revenue from AI services, indicating a troubling return on investment.
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