Google's DeepMind CEO says the massive funds flowing into AI bring with it loads of hype and a fair share of grifting

• The funding bonanza over AI could add lots of hype and "maybe some grifting," says Demis Hassabis.
• "In a way, AI's not hyped enough but in some senses it's too hyped," the Google DeepMind chief said.
• Investors have piled in nearly $30 billion into generative AI deals in 2023, per PitchBook.

Google DeepMind chief Demis Hassabis says the surge in funding for AI "brings with it a whole attendant bunch of hype and maybe some grifting."