Interest in AI search on Google hits fever pitch

[ad_1]

Global search interest in the term AI has hit a new all-time high on Google, though it has yet to peak Bitcoin (BTC) mania in 2017, data has revealed.

Artificial intelligence has been in the headlines for the past few months, with some suggesting it’s the latest tech fad after crypto and the metaverse.

More recently, OpenAI executives warned in a May 23 blog post that over the next 10 years, AI will exceed the skill level of experts in most fields and be as productive as one. of today’s biggest companies.

However, while global and US search interest in AI has peaked, hitting 89 on Google Trends, it is still a far cry from the peak of Bitcoin search interest of 100 in December 2017, when Bitcoin was approaching its high of $20,000. .

Comparison of search trends for the buzzwords “AI”, “metaverse” and “Bitcoin” over a ten-year period in the United States. Source: Google Trends

Mark Schilsky, an Alliance Bernstein tech specialist, noted on May 31 that AI was still well below Bitcoin’s absolute hype, according to a Business Insider report. His analysis focused specifically on search trends in the United States.

Schilisky compared the three hottest segments of the tech industry over the past 10 years, AI, Metaverse and Bitcoin to reveal that the maximum search volume for Bitcoin is greater than the maximum search volume for Bitcoin. ‘IA so far.

China Says Bitcoin Who?

The results, however, differ significantly in China, where cryptocurrency is banned and Google search is limited. The country favors Baidu as a search engine.

According to Google Trends, Chinese Google users have consistently had more interest in AI than Bitcoin on a monthly basis since May 2013.

Comparison of search trends for the buzzwords AI, “metaverse” and Bitcoin in China. Source: Google Trends

In the past decade, there have only been three instances in which Bitcoin topped AI searches in China, which correspond to significant Bitcoin-related events.

In November 2013, Bitcoin topped AI as a search time in China for the first time, coinciding with it hitting its all-time high of $300 on former cryptocurrency exchange Mt .gox.

In December 2017, when Bitcoin hit highs near $20,000, Bitcoin once again took the lead in research.

The third and most recent event took place in February 2021, when Bitcoin surged above $43,000 following the announcement that Tesla had purchased $1.5 billion worth of Bitcoin and its decision to start accepting Bitcoin. bitcoin payments.

The country banned cryptocurrencies in 2021, and soon after, staff at Cointelegraphs China reported that online searches of several major cryptocurrency exchanges yielded no results.

Related: Australia asks whether high-risk AI should be banned in surprise consultation

Meanwhile, China saw AI searches hit their all-time high of 100 in April 2023. Today, the search score is around 94.

In May, Flytek, a state-sponsored Chinese AI company, announced the launch of Spark Model, an AI system designed to directly compete with OpenAIs ChatGPT.

At a May 30 meeting, Chinese officials recently discussed the need for dedicated efforts to safeguard political security and improve governance of internet data security and artificial intelligence. According to local media, it was stated:

We must be prepared for the worst extreme scenarios and be ready to withstand the major test of high winds, choppy waters and even dangerous storms.

Magazine: Earning 500% of ChatGPT stock tips? Bard leans left, $100 million AI memecoin: AI Eye

[ad_2]