Why the A.I. euphoria is doomed to fail

GUEST: 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?”
The truth is that artificial intelligence does not exist yet, and most