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We all have biases. Some prefer pessimism, some optimism, but they affect us and how we perceive new things. Both have their pros and cons. However, regarding the AI Hype Cycle, as I like to call it, there has been a switch, or a turning point, if you will, and we should talk about it.
Before we get into that, let’s discuss optimism bias’s pros and cons. Optimism bias could be extremely risky from a practical standpoint. Is it optimistic to lean away from proven routes of success to try something new, or is it foolishness?
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