The AI doomers feel undeterred

The latest edition of The Download introduces the AI Hype Correction package, addressing the exaggerated claims surrounding artificial intelligence (AI) and its potential to replicate human intelligence, eliminate diseases, and be the most significant invention in history. This initiative aims to provide a more grounded perspective on AI's capabilities and limitations.

The release of OpenAI's ChatGPT in late 2022 marked a significant turning point in the AI industry, leading to widespread enthusiasm and expectations for further advancements. However, by 2025, a notable correction in this hype has emerged as users express disillusionment with the technology's limitations and perceived flaws, particularly following the launch of GPT-5.2.

A recent MIT Technology Review article highlighted that a significant 95% of organizations investing in generative AI reported receiving no return on their investments, leading to a temporary plunge in tech stocks. This revelation has raised concerns about the sustainability and viability of the current AI hype.

The rise of generative AI in 2022 sparked anxiety among law students like Rudi Miller, who feared its impact on future job prospects in the legal field. As a junior associate, Miller reflects on the discussions surrounding AI's potential to disrupt traditional legal roles, highlighting the uncertainty faced by new graduates entering the workforce.