The term “Artificial Intelligence Winter” emerged in 1984 to describe the disappointment periods in AI, where high expectations were replaced by a decrease in investment and an ongoing slowdown. Such first deterioration occurred in the 1970s and 1980s, when technologies did not justify their hopes. Today, AI is still experiencing a rapid growth period, but experts warn that a new “winter” may be closer than it appears.
The causes of possible interest cooling are called high expectations: Despite impressive progress, many projects do not have a rapid economic impact. The high cost of calculation resources and the tightening of legislation in Europe and the US also limits the development. For example, the new AI law in the EU sets serious frameworks to use AI in sensitive areas and environmental problems associated with high energy consumption only increase the pressure on industry.
However, full progress freezing is unlikely. Technologies continue to penetrate: from automation of business processes to content production. Experts believe that development focuses on the practical application of AI, such as robotics, video production and data analyst. Most likely, we do not expect the winter, but a gradual transition to a mature stage where AI is not only smart, but also a really useful tool.
Source: Ferra

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