AI capability adoption and investment on sigmoid curve

The author examines the current state of artificial intelligence by comparing its development across three distinct sigmoid curves—capability, adoption, and financial investment—using a 2023 video by Tom Scott as a framework. The analysis argues that capability is still climbing, adoption has reached the steep middle phase comparable to the internet around 2000, and massive capital expenditures are running ahead of both, risking a financial correction that would not stop the technology's underlying growth. Open article →