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Parker Conrad, founder of Rippling, expressed skepticism about the current state of AI in a recent podcast. He noted that many software companies are adding superficial AI features that lack real utility, leading to a phenomenon he calls 'AI washing.' Despite recognizing the potential of AI to be transformative, he remains unimpressed by the quality of many AI applications currently on the market.
Conrad highlighted the financial motivations behind this trend, explaining how companies can significantly increase their market valuation simply by rebranding with an AI focus. He pointed out that in the first half of the year, AI companies accounted for a substantial portion of U.S. deal value, with significant investments flowing into the sector. This rush to capitalize on AI raises questions about the long-term value and effectiveness of these technologies, as many stakeholders wonder when the substantial investments in AI will yield tangible results.
SFGate on MSN.com 9month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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