DeepMind CEO Warns AI Hype and Scams Threaten Progress
• DeepMind CEO warns that hype and "grifting" threaten progress of AI technology • Hassabis compares surge of investment and interest in AI to recent crypto boom • AI field flooded with funding and new startups, some engaged in outright scams • Analysts criticize valuations and say sector is a bubble much like crypto was • Hassabis calls for more scientific approach to AI development given its significance