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Why the A.I. Euphoria Is Doomed to Fail

Evgeny Chereshnev | Venture Beat | September 17, 2016

Investors dropped $681 million into A.I.-centric startups in Silicon Valley last year. This year, the number will likely reach $1.2 billion. Five years ago, total A.I. investment spiked at roughly $150 million. This is how Silicon Valley works: When something new is hyped and seems to have investor trust, everybody jumps on the train without asking, “Where does this train go?”...

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