Sorry but that's a ridiculous statement. It's like saying all the cloud technology we have today is not much more than having VMs. Yes, AI is hyped, but it made some very unexpected progress over the past 5 years (e.g., solving facial recognition). More than many experts expected.
"It's like saying all the cloud technology we have today is not much more than having VMs."
No shit? Unless you mean that it's ignoring the "distributed systems" part of the cloud, which is mostly a shitshow. The provisioning/configuration-management stacks are all complete wrecks, stacking hacks atop ad-hoc container schemes atop a poorly-design OS. A real distributed OS would be so much simpler and more robust.
Calling it AI is very misleading when there has been minimal progress toward actual reasoning (the closest I've seen being some LSTM work on answering simple queries about scenarios based on prose descriptions of them). It's ML, as in "learning a function", not as in "general-purpose learning like an intelligent agent does".
Can you please define this term "cloud technology"? I always thought it was a marketing term for "the internet", which then would be just a bunch of servers, vms, and containers; all of which we have had for over 20 years.
"cloud technology" is "servers, VMs, containers" that is also SER (Somebody Else's Responsibility). Hence the term "cloud", as that was always used in network diagrams to refer to network connection infrastructure that wasn't yours.
Since when are cables such a unique idea? The telegraph is nothing more than a large number of fancy carrier pigeons as a service, which we've had since the 12th century at least.