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AI: Snake oil or a promise pill?

The clamour to get attention and be noticed as experts in the absence of proof points is causing people to question the credibility of all the applications AI promises

artificial intelligence
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Pradipta Bagchi New Delhi
Digital technologies like social media and AI were supposed to deliver a sustained dividend that made human lives richer. 
Instead ‘Big Tech’ is increasingly seen as the villain whose ubiquitous social platforms now work to divide people and target vulnerable communities than bring them together. Now its AI after Princeton’s professor Arvind Narayan last week threw shade on the evolving use of Artificial Intelligence in different sectors and called out most AI firms for peddling “Snake Oil” — an 18th century  American euphemism for deceptive marketing of miracle elixirs.

His key takeaway: AI excels at some tasks but can’t predict social outcomes
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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