I keep hearing people say that AI is going to fizzle out and compare it to the dot-com bubble back in 2000. But that's a flawed analogy. When the dot-com bubble busted, the internet didn't disappear.

The dot-com crash was more of a Darwinian extinction event than a pop. When the fad started, everyone (including me) registered a dot-com domain expecting to become rich overnight. Many didn’t have a real plan; they thought it was as easy as putting up a web page and watching the money roll in. Naturally, most of them failed... but that doesn’t mean the concept of online commerce failed. The companies that survived, like Amazon and Google, became huge and pretty much rule the world now.

The same thing is going to happen with AI. Right now, a bunch of businesses are jumping on the bandwagon and investing billions into AI without much of a plan. There will be a natural purge, and many will crash and burn. But when things settle down, the ones that survive will become AI powerhouses. AI itself is not going anywhere.

I understand how terrified we all are about some of the consequences of artificial intelligence, but we live in the world that is, not the world we wish it was. A thing can’t be un-invented. We have to adapt to the new world it brings.

For good or for bad, Pandora’s box is open.