It might surprise people, but work in AI has been going on for some time. In fact it started as early as the mid-1950s. In the 50s until the 70s, “computers were solving algebra word problems, proving theorems in geometry and learning to speak English”. They were nothing like OpenAI’s ChatGPT, but they were impressive in their own way. Just like now, people were thinking the sky’s the limit.
Then three things happened: the first AI winter from 1974 until 1980, the boom years from 1980-1987, and then the next AI winter from 1987-1993. I was swept up in the second AI winter, and like the first one, there was a combination of hitting a wall in terms of what the technology could do followed by a drying up of funding.
During the boom times it seemed like there would be no stopping AI and it would eventually be able to do everything humans can do and more. It feels that way now with the current AI boom. People like OpenAI and others are saying the sky’s the limit and nothing is impossible. But just like in the previous boom eras, I think the current AI boom will hit a wall with the technology (we are seeing some of it already). At that point we may see a reduction in funding from companies like Microsoft and Google and more (just like how we are seeing a drawback from them on voice recognition technology like Alexa and Siri).
So yes, the current AI technology is exciting. And yes, it seems like there is no end to what it can do. But I think we will get another AI winter sooner than later, and during this time work will continue in the AI space but you’ll no longer be reading news about it daily. The AI effect will also occur and the work being done by people like OpenAI will just get incorporated into the everyday tools we use, just like autocorrect and image recognition is no just something we take for granted.
P.S. If you are interested in the history of the second AI winter, this piece is good.
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