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The Economy Is Down, but AI Is Hot

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Illustration shows a black arrow pointing upward and a person tumbling to the ground.

There may be an economic downturn, but AI research is still exciting.

Credit: Stephanie Arnett/MITTR | Getty Images

Economists predict the U.S. economy may enter a recession amid a highly uncertain global economic outlook. Big tech companies have started to feel the squeeze. In the past, economic downturns have shut off the funding taps for artificial intelligence (AI) research, known as "AI winters."

But this time we're seeing something totally different. AI research is still extremely hot, and it is making big leaps in progress even as tech companies have started tightening their belts.

From MIT Technology Review
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