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According to Gartner, blockchain has just passed the "Peak of Inflated Expectations". Next phase is "Trough of Disillusionnment". http://www.gartner.com/smarte

by ooOOoo 9y ago

According to Gartner, blockchain has just passed the "Peak of Inflated Expectations". Next phase is "Trough of Disillusionnment". http://www.gartner.com/smarterwithgartner/top-trends-in-the-gartner-hype-cycle-for-emerging-technologies-2017/ http://www.gartner.com/smarterwithgartner/top-trends-in-the-...

thisisit 9y ago
This one is funny. While cryptocurrency gets most of the brickbats around here on HN, I think Deep Learning is also in the same boat. Executives want to apply Deep Learning to everything and anything they can get their hands on. The results most of the time are underwhelming and could be had with a much simpler set of tools. Just wondering how long before Deep Learning goes into trough of disillusionment.
- LoSboccacc 9y ago
  On the job I have to constantly shoot down big data / data mining / intelligent nn analysis crapware showeled to my bosses, and 99% of the time the answer is “you got NO data to speak of” One day a consultant or another yesman will be able to check in and syphon precious resources with their pipe dream and I’ll watch six figures fly out of the window while my dev team struggles debugging simulated ipads with mac minis.
  - jomkr 9y ago
    We're in an industry ten years behind so we're just getting into Big Data. Obviously the issue that we can't write working normal software hasn't been addressed but we'll see how it goes. I'm actually relatively optimistic.
  - user5994461 9y ago
    Take a step back and look at your work conditions. Maybe you should become the consultant in that story.
    - LoSboccacc 9y ago
      No thanks will not be able to sleep at night doing that line of work (not consultancy in general, just the overselling and running with the money bit)
  - SmellTheGlove 9y ago
    > One day a consultant or another yesman will be able to check in and syphon precious resources with their pipe dream and I’ll watch six figures fly out of the window while my dev team struggles debugging simulated ipads with mac minis. Six figures? Oh sweet summer child. :) First you'll need to burn seven figures to have a Big 3 advise your leadership that you need this tech. Then you burn the six figures implementing it with a lower tier firm.
- beepboopbeep 9y ago
  brick·bat ˈbrikˌbat noun plural noun: brickbats a piece of brick, typically when used as a weapon. a remark or comment which is highly critical and typically insulting. "the plaudits were beginning to outnumber the brickbats" My WotD
  - bartread 9y ago
    Mine too: I'd never heard it before and had to look it up. Now I'm just lying in wait for an opportunity to use it.
- megaman22 9y ago
  It feels like lately bots and AI are the biggest hype-train. Everybody wants bots. Bots for this, and bots for that. With natural language processing bolted on somehow. Got a simple, defined flow that could just be a decision tree? Nope, we need natural language processing in a chatbot, we can't possibly present a menu. I feel like I'm fighting the Infocom parser again.
ramphastidae 9y ago
Very interesting chart.
- ak39 9y ago
  Indeed. Google "Gartner Hype Cycle" followed by the year to get a sense of the evolution of the different hype cycles. I still remember my manager getting very excited about XBRL in 2007.

by ooOOoo 9y ago

thisisit 9y ago

This one is funny. While cryptocurrency gets most of the brickbats around here on HN, I think Deep Learning is also in the same boat. Executives want to apply Deep Learning to everything and anything they can get their hands on. The results most of the time are underwhelming and could be had with a much simpler set of tools. Just wondering how long before Deep Learning goes into trough of disillusionment.

LoSboccacc 9y ago
On the job I have to constantly shoot down big data / data mining / intelligent nn analysis crapware showeled to my bosses, and 99% of the time the answer is “you got NO data to speak of” One day a consultant or another yesman will be able to check in and syphon precious resources with their pipe dream and I’ll watch six figures fly out of the window while my dev team struggles debugging simulated ipads with mac minis.
- jomkr 9y ago
  We're in an industry ten years behind so we're just getting into Big Data. Obviously the issue that we can't write working normal software hasn't been addressed but we'll see how it goes. I'm actually relatively optimistic.
- user5994461 9y ago
  Take a step back and look at your work conditions. Maybe you should become the consultant in that story.
  - LoSboccacc 9y ago
    No thanks will not be able to sleep at night doing that line of work (not consultancy in general, just the overselling and running with the money bit)
- SmellTheGlove 9y ago
  > One day a consultant or another yesman will be able to check in and syphon precious resources with their pipe dream and I’ll watch six figures fly out of the window while my dev team struggles debugging simulated ipads with mac minis. Six figures? Oh sweet summer child. :) First you'll need to burn seven figures to have a Big 3 advise your leadership that you need this tech. Then you burn the six figures implementing it with a lower tier firm.
beepboopbeep 9y ago
brick·bat ˈbrikˌbat noun plural noun: brickbats a piece of brick, typically when used as a weapon. a remark or comment which is highly critical and typically insulting. "the plaudits were beginning to outnumber the brickbats" My WotD
- bartread 9y ago
  Mine too: I'd never heard it before and had to look it up. Now I'm just lying in wait for an opportunity to use it.
megaman22 9y ago
It feels like lately bots and AI are the biggest hype-train. Everybody wants bots. Bots for this, and bots for that. With natural language processing bolted on somehow. Got a simple, defined flow that could just be a decision tree? Nope, we need natural language processing in a chatbot, we can't possibly present a menu. I feel like I'm fighting the Infocom parser again.

ramphastidae 9y ago

Very interesting chart.

ak39 9y ago
Indeed. Google "Gartner Hype Cycle" followed by the year to get a sense of the evolution of the different hype cycles. I still remember my manager getting very excited about XBRL in 2007.