New ask Hacker News story: Internet, Blockchain, AI, Amara's Law and the Gartner Hype Cycle

Internet, Blockchain, AI, Amara's Law and the Gartner Hype Cycle
2 by bernardlunn | 0 comments on Hacker News.
Amara’s Law (coined by Roy Amara, scientist, futurist and President of the Institute of the Future) is: “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” This is true for game changers such as Internet, Blockchain & AI. Some hyped technologies never make it through all five phases of the Gartner hype cycle: 1 Technology Trigger 2 Peak of Inflated Expectations 3 Trough of Disillusionment 4 Slope of Enlightenment 5 Plateau of Productivity So it is possible that Blockchain & AI never make it big in the real world. The Internet has clearly made through all five phases. However I believe that Amara’s Law will also be true for both Blockchain & AI. While Blockchain is clearly deep in the Trough of Disillusionment, AI might be just starting that journey after spending 2023 at the Peak of Inflated Expectations. What do you think?