AI is the biggest fraud of the 21st century. Especially Deep Learning. Deep Learning is a bubble that has no application in reality. And I mean NONE. Even in cutting edge FAANG companies that claim to use modern AI techniques, Deep Learning is barely used. Because it's simply not reliable enough for real datasets. Classical statistical techniques, along with human domain expertise are what runs the world. Not new-fangled hyped up stuff.
That's a bit much. ML techniques have large and proven market applications[1]. And there's a bunch of hangers on trying to spin the buzz into a quick buck. This seems like pretty boring, run of the mill fraud to me.
[1] Which, to be fair, tend to all fall within the realm of "do with a cheap computer what an expensive human can do easily", like looking at or listening to things. "Writing software" should have been an obvious cue that they were way beyond the known reach of the technology.
This is what makes me so angry at all the hype and fraud in the AI space. It's causing people to throw the baby out with the bathwater by ignoring all the real world progress that has been made over the last decade. Particularly in NLP and CV. The problem is that when the general public thinks AI, they think HAL9000 and Skynet, not Facebook auto tagging or speech recognition on their phone or home assistant, and unfortunately there are far too many people out there making money selling science fiction as reality.
I dont really agree with your comment. DL is used heavily in the semi industry for image segmentation, defect classification, simulation speed cut-down, and plasma optimization. It's been a game changer, saving engineers up to 30% of their time.