{"id":6253,"date":"2025-01-07T13:51:29","date_gmt":"2025-01-07T13:51:29","guid":{"rendered":"https:\/\/howtogeek.blog\/cs\/?p=6253"},"modified":"2025-01-07T13:51:29","modified_gmt":"2025-01-07T13:51:29","slug":"despite-billions-in-losses-ai-companies-continue-to-attract-investor-interest","status":"publish","type":"post","link":"https:\/\/howtogeek.blog\/cs\/despite-billions-in-losses-ai-companies-continue-to-attract-investor-interest\/","title":{"rendered":"Navzdory miliardov\u00fdm ztr\u00e1t\u00e1m spole\u010dnosti AI nad\u00e1le p\u0159itahuj\u00ed z\u00e1jem investor\u016f"},"content":{"rendered":"<h2>Sou\u010dasn\u00fd stav a v\u00fdzvy AI investic<\/h2>\n<p>Od spu\u0161t\u011bn\u00ed ChatGPT v listopadu 2022 se spole\u010dnosti horliv\u011b pokou\u0161ej\u00ed integrovat um\u011blou inteligenci do sv\u00fdch nab\u00eddek. V\u00fdsledky v\u0161ak neodpov\u00eddaj\u00ed optimistick\u00fdm projekc\u00edm formulovan\u00fdm investor\u016fm a ve\u0159ejnosti.<\/p>\n<p>Cesta k rozvoji technologi\u00ed um\u011bl\u00e9 inteligence je zat\u00ed\u017eena zna\u010dnou finan\u010dn\u00ed z\u00e1t\u011b\u017e\u00ed. Velk\u00e9 technologick\u00e9 firmy utr\u00e1cej\u00ed obrovsk\u00e9 sumy, ale v\u011bt\u0161ina z nich sv\u00e9 AI snahy \u00fasp\u011b\u0161n\u011b nezpen\u011b\u017eila. Kdy\u017e se toto odv\u011btv\u00ed bl\u00ed\u017e\u00ed ke kl\u00ed\u010dov\u00e9mu bodu, mus\u00edme si polo\u017eit ot\u00e1zku: Jsou tyto v\u00fddaje opodstatn\u011bn\u00e9 vzhledem ke skute\u010dn\u00e9mu v\u00fdkonu technologi\u00ed AI?<\/p>\n<h2>Pochopen\u00ed investi\u010dn\u00edch v\u00fddaj\u016f AI<\/h2>\n<p>Investice AI p\u0159edstavuj\u00ed jednu z nejv\u011bt\u0161\u00edch alokac\u00ed kapit\u00e1lu v ned\u00e1vn\u00e9 technologick\u00e9 historii. Zva\u017ete tyto ohromuj\u00edc\u00ed z\u00e1vazky:<\/p>\n<ul>\n<li><strong>Microsoft:<\/strong> Utratilo 14 miliard dolar\u016f za jedin\u00e9 \u010dtvrtlet\u00ed.<\/li>\n<li><strong>Google:<\/strong> Pro leto\u0161n\u00ed rok p\u0159isl\u00edbil ka\u017ed\u00e9 \u010dtvrtlet\u00ed v\u00edce ne\u017e 12 miliard dolar\u016f.<\/li>\n<li><strong>Meta:<\/strong> \u00daprava sv\u00fdch kapit\u00e1lov\u00fdch v\u00fddaj\u016f o 10 miliard dolar\u016f nahoru.<\/li>\n<\/ul>\n<p>A\u010dkoli se tato \u010d\u00edsla zdaj\u00ed pobu\u0159uj\u00edc\u00ed, odr\u00e1\u017eej\u00ed realitu v\u00fdvoje AI. Tento proces vy\u017eaduje obrovsk\u00fd v\u00fdpo\u010detn\u00ed v\u00fdkon, kter\u00fd je siln\u011b z\u00e1visl\u00fd na n\u00e1kladn\u00fdch procesorov\u00fdch \u010dipech, kter\u00e9 jsou \u010dasto nedostatkov\u00e9. Krom\u011b toho v\u00fddaje zahrnuj\u00ed:<\/p>\n<ul>\n<li>Budov\u00e1n\u00ed a \u00fadr\u017eba fyzick\u00fdch serverov\u00fdch farem.<\/li>\n<li>\u0160kolen\u00ed model\u016f um\u011bl\u00e9 inteligence s vysoce kvalitn\u00edmi a spravovan\u00fdmi daty.<\/li>\n<li>Pr\u016fb\u011b\u017en\u00e1 \u00fadr\u017eba a aktualizace syst\u00e9m\u016f AI.<\/li>\n<li>Zam\u011bstn\u00e1v\u00e1n\u00ed specialist\u016f na um\u011blou inteligenci, kte\u0159\u00ed vedou v\u00fdvoj.<\/li>\n<\/ul>\n<p>Tyto provozn\u00ed n\u00e1klady rychle eskaluj\u00ed, co\u017e vedlo mnoho startup\u016f s um\u011blou inteligenc\u00ed k probl\u00e9m\u016fm bez podstatn\u00e9ho financov\u00e1n\u00ed investor\u016f. Odhady nav\u00edc nazna\u010duj\u00ed, \u017ee velk\u00e9 technologick\u00e9 spole\u010dnosti by mohly v nadch\u00e1zej\u00edc\u00edch letech spole\u010dn\u011b investovat v\u00edce ne\u017e 1 bilion dolar\u016f do v\u00fdvoje AI, jak zd\u016fraz\u0148uje ned\u00e1vn\u00e1 zpr\u00e1va Goldman Sachs. O\u010dek\u00e1van\u00e9 v\u00fdnosy z t\u011bchto investic v\u0161ak z\u016fst\u00e1vaj\u00ed nejist\u00e9, proto\u017ee uva\u017eujeme o t\u00e9m\u011b\u0159 dvou letech pokroku v oblasti um\u011bl\u00e9 inteligence.<\/p>\n<h2>Identifikace pot\u0159eby AI<\/h2>\n<figure class=\"wp-block-image\"><img alt=\"Vizu\u00e1ln\u00ed zn\u00e1zorn\u011bn\u00ed dopadu AI\" class=\"wp-image\" decoding=\"async\" height=\"675\" loading=\"lazy\" src=\"https:\/\/cdn.howtogeek.blog\/wp-content\/uploads\/2025\/01\/do-we-need-ai-at-this-cost.webp\" title=\"Vizu\u00e1ln\u00ed zn\u00e1zorn\u011bn\u00ed dopadu AI\" width=\"1200\"\/><\/figure>\n<p>Zat\u00edmco \u010detn\u00e9 studie podporuj\u00ed v\u00fdhody um\u011bl\u00e9 inteligence, zamyslete se nad touto ot\u00e1zkou: Co um\u011bl\u00e1 inteligence skute\u010dn\u011b zlep\u0161ila ve va\u0161em ka\u017edodenn\u00edm \u017eivot\u011b? Pro mnoho u\u017eivatel\u016f m\u016f\u017ee b\u00fdt ChatGPT OpenAI prim\u00e1rn\u00ed interakc\u00ed s um\u011blou inteligenc\u00ed, ale i tato \u0161pi\u010dkov\u00e1 technologie uk\u00e1zala zna\u010dn\u00e1 omezen\u00ed ve spolehlivosti sv\u00e9ho obsahu.<\/p>\n<p>Dal\u0161\u00ed nov\u011b vznikaj\u00edc\u00ed technologie um\u011bl\u00e9 inteligence, jako je Gemini od Googlu, vyklouzly p\u0159\u00edmo z br\u00e1ny a poskytly pochybn\u00e9 rady, kter\u00e9 st\u011b\u017e\u00ed vzbuzuj\u00ed d\u016fv\u011bru. Navzdory schopnosti upravovat obr\u00e1zky a produkovat z\u00e1kladn\u00ed hudbu vykazuje funkce sou\u010dasn\u00e9 um\u011bl\u00e9 inteligence sp\u00ed\u0161e jen postupn\u00e1 vylep\u0161en\u00ed ne\u017e transformativn\u00ed zm\u011bny, kter\u00e9 revolu\u010dn\u00edm zp\u016fsobem zm\u011bn\u00ed u\u017eivatelsk\u00e9 zku\u0161enosti.<\/p>\n<p>Pokra\u010duj\u00edc\u00ed \u0161um kolem AI do\u010dasn\u011b nafoukl hodnoty akci\u00ed n\u011bkter\u00fdch spole\u010dnost\u00ed a p\u0159it\u00e1hl z\u00e1jem investor\u016f. Tento humbuk v\u0161ak maskuje probl\u00e9my velk\u00fdch technologick\u00fdch tv\u00e1\u0159\u00ed p\u0159i vytv\u00e1\u0159en\u00ed produkt\u016f AI generuj\u00edc\u00edch zisk. V sou\u010dasnosti se firmy pohybuj\u00ed v nejistot\u011b bez jasn\u00e9 viditelnosti \u2013 podobn\u011b jako p\u0159i j\u00edzd\u011b v hust\u00e9 mlze.<\/p>\n<h2>Skepse investor\u016f obklopuj\u00edc\u00ed generativn\u00ed um\u011blou inteligenci<\/h2>\n<p>Pro velk\u00e9 technologick\u00e9 korporace spo\u010d\u00edv\u00e1 v\u00fdzva v p\u0159esv\u011bd\u010den\u00ed investor\u016f, \u017ee jejich finan\u010dn\u00ed v\u00fddaje nakonec p\u0159inesou v\u00fdnosy. Jak je uvedeno ve zpr\u00e1v\u011b Goldman Sachs, sou\u010dasn\u00fd stav v\u00fdzkumu AI zpochybnil \u017eivotaschopnost t\u00e9to technologie. Jim Covello, vedouc\u00ed Global Equity Research, poznamenal, \u017ee a\u010dkoli je technologie AI v\u00fdjime\u010dn\u011b n\u00e1kladn\u00e1, nedok\u00e1\u017ee vy\u0159e\u0161it mnoho slo\u017eit\u00fdch probl\u00e9m\u016f.<\/p>\n<p>Obava investor\u016f je hmatateln\u00e1. Pokud se brzy neobjev\u00ed v\u00fdznamn\u00fd pr\u016flom v oblasti um\u011bl\u00e9 inteligence, mnoz\u00ed odborn\u00edci p\u0159edpokl\u00e1daj\u00ed, \u017ee zna\u010dn\u00e9 investice velk\u00fdch technologi\u00ed do um\u011bl\u00e9 inteligence se stanou finan\u010dn\u00edm bahnem. Ned\u00e1vn\u00e1 neuspokojiv\u00e1 zpr\u00e1va o v\u00fdd\u011blc\u00edch od spole\u010dnosti Alphabet vedla k prudk\u00e9mu poklesu Nasdaq, co\u017e nazna\u010duje rostouc\u00ed ostra\u017eitost investor\u016f.<\/p>\n<p>Tento pokles byl prim\u00e1rn\u011b p\u0159i\u010d\u00edt\u00e1n nadm\u011brn\u00e9mu ocen\u011bn\u00ed akci\u00ed p\u0159edn\u00edch technologick\u00fdch spole\u010dnost\u00ed, v\u010detn\u011b Meta, Apple a Microsoft, co\u017e nazna\u010duje nadm\u011brn\u00e9 korekce trhu. I kdy\u017e tyto v\u00fdkyvy nemus\u00ed signalizovat katastrofu, podtrhuj\u00ed opatrn\u00e9 tr\u017en\u00ed prost\u0159ed\u00ed a nut\u00ed hedgeov\u00e9 fondy a investi\u010dn\u00ed banky, aby p\u0159ehodnotily svou expozici technologick\u00fdm akci\u00edm.<\/p>\n<h2>Odpo\u010d\u00edt\u00e1v\u00e1n\u00ed do v\u00fdvoje AI<\/h2>\n<p>Zpr\u00e1va Goldman Sachs nazna\u010duje, \u017ee p\u0159\u00edzniv\u00fd sc\u00e9n\u00e1\u0159 um\u011bl\u00e9 inteligence je z\u00e1sadn\u00ed pro v\u00fdznamn\u00e9 v\u00fdnosy indexu S&amp;P 500 v p\u0159\u00ed\u0161t\u00edm desetilet\u00ed. Um\u011bl\u00e1 inteligence m\u00e1 st\u00e1le potenci\u00e1l pro integraci do r\u016fzn\u00e9ho softwaru, opera\u010dn\u00edch syst\u00e9m\u016f a spot\u0159ebitelsk\u00fdch za\u0159\u00edzen\u00ed, co\u017e p\u0159ipom\u00edn\u00e1 historick\u00fd technologick\u00fd pokrok.<\/p>\n<p>Experti jako Daron Acemoglu z MIT v\u0161ak upozor\u0148uj\u00ed, \u017ee skute\u010dn\u011b revolu\u010dn\u00ed zm\u011bny um\u011bl\u00e9 inteligence nenastanou rychle, p\u0159i\u010dem\u017e mnoho v\u00e1\u017en\u00fdch transformac\u00ed je v nadch\u00e1zej\u00edc\u00edm desetilet\u00ed nepravd\u011bpodobn\u00e9. Sou\u010dasn\u00fd humbuk kolem AI je tu v dohledn\u00e9 dob\u011b, ale \u010dasov\u00e1 osa jeho praktick\u00e9 aplikace z\u016fst\u00e1v\u00e1 nejist\u00e1.<\/p>\n<p>Jak n\u00e1sleduj\u00ed spekulace o budoucnosti um\u011bl\u00e9 inteligence, investo\u0159i i u\u017eivatel\u00e9 budou nakonec po\u017eadovat \u017ealovateln\u00e9 v\u00fdsledky. Potenci\u00e1ln\u00ed fenom\u00e9n zvan\u00fd \u201e\u00fanava AI\u201c je ji\u017e patrn\u00fd a bez hmatateln\u00fdch v\u00fdnos\u016f by udr\u017een\u00ed sou\u010dasn\u00e9ho investi\u010dn\u00edho paradigmatu AI mohlo b\u00fdt n\u00e1ro\u010dn\u00e9. Pokud budou finan\u010dn\u00ed trendy pokra\u010dovat, m\u016f\u017eeme zah\u00e1jit \u00e9ru omezen\u00fdch investic, co\u017e bude znamenat z\u00e1sadn\u00ed posun v tom, jak je um\u011bl\u00e1 inteligence vn\u00edm\u00e1na jako lukrativn\u00ed technologick\u00fd v\u00fdvoj.<\/p>\n<h3>Dal\u0161\u00ed statistiky<\/h3>\n<h4><strong>1. Jak\u00e9 jsou hlavn\u00ed v\u00fdzvy spojen\u00e9 s investicemi do AI?<\/strong><\/h4>\n<p>Investice do AI \u010del\u00ed n\u011bkolika v\u00fdzv\u00e1m, v\u010detn\u011b vysok\u00fdch provozn\u00edch n\u00e1klad\u016f, po\u017eadavku na robustn\u00ed v\u00fdpo\u010detn\u00ed infrastrukturu a pot\u00ed\u017e\u00ed s efektivn\u00edm zpen\u011b\u017een\u00edm technologi\u00ed AI. Tyto slo\u017eitosti mohou odradit potenci\u00e1ln\u00ed investory a zpomalit rozvoj.<\/p>\n<h4><strong>2. Jak skepticismus investor\u016f ovliv\u0148uje r\u016fst trhu s um\u011blou inteligenc\u00ed?<\/strong><\/h4>\n<p>Skepse investor\u016f m\u016f\u017ee zastavit financov\u00e1n\u00ed a inovace v sektoru AI. Pokud si investo\u0159i nejsou jisti ziskovost\u00ed podnik\u016f s um\u011blou inteligenc\u00ed, mohou sv\u00e9 investice st\u00e1hnout, co\u017e povede ke zpomalen\u00ed v\u00fdzkumu a v\u00fdvoje, co\u017e nakonec udus\u00ed r\u016fst a potenci\u00e1l technologi\u00ed um\u011bl\u00e9 inteligence.<\/p>\n<h4><strong>3. Pro\u010d jsou aplikace um\u011bl\u00e9 inteligence \u010dasto pova\u017eov\u00e1ny za neuspokojiv\u00e9 i p\u0159es zna\u010dn\u00e9 investice?<\/strong><\/h4>\n<p>Mnoho aplikac\u00ed um\u011bl\u00e9 inteligence, p\u0159esto\u017ee je inovativn\u00edch, nepln\u00ed sv\u00e9 sliby, co\u017e vede k roz\u010darov\u00e1n\u00ed spot\u0159ebitel\u016f. Technick\u00e1 omezen\u00ed a nedostatek pr\u016flomov\u00fdch objev\u016f p\u0159isp\u00edvaj\u00ed k pocitu, \u017ee um\u011bl\u00e1 inteligence selhala, a to navzdory masivn\u00edmu finan\u010dn\u00edmu z\u00e1vazku ze strany technologick\u00fdch gigant\u016f.<\/p>\n<p><a class=\"xiaomi\" href=\"https:\/\/nerdschalk.com\/ai-companies-are-bleeding-billions-but-investors-keep-the-dream-afloat\/\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">Zdroj a obr\u00e1zky<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sou\u010dasn\u00fd stav a v\u00fdzvy AI investic Od spu\u0161t\u011bn\u00ed ChatGPT v listopadu 2022 se spole\u010dnosti horliv\u011b pokou\u0161ej\u00ed integrovat um\u011blou inteligenci do sv\u00fdch nab\u00eddek. V\u00fdsledky v\u0161ak neodpov\u00eddaj\u00ed optimistick\u00fdm projekc\u00edm formulovan\u00fdm investor\u016fm a ve\u0159ejnosti. Cesta k rozvoji technologi\u00ed um\u011bl\u00e9 inteligence je zat\u00ed\u017eena zna\u010dnou finan\u010dn\u00ed z\u00e1t\u011b\u017e\u00ed. Velk\u00e9 technologick\u00e9 firmy utr\u00e1cej\u00ed obrovsk\u00e9 sumy, ale v\u011bt\u0161ina z nich sv\u00e9 AI snahy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[95,32,21,126,272,768],"class_list":["post-6253","post","type-post","status-publish","format-standard","hentry","category-how-to","tag-ai","tag-apple","tag-google","tag-microsoft","tag-openai","tag-opinion"],"acf":[],"_links":{"self":[{"href":"https:\/\/howtogeek.blog\/cs\/wp-json\/wp\/v2\/posts\/6253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/howtogeek.blog\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/howtogeek.blog\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/howtogeek.blog\/cs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/howtogeek.blog\/cs\/wp-json\/wp\/v2\/comments?post=6253"}],"version-history":[{"count":1,"href":"https:\/\/howtogeek.blog\/cs\/wp-json\/wp\/v2\/posts\/6253\/revisions"}],"predecessor-version":[{"id":6254,"href":"https:\/\/howtogeek.blog\/cs\/wp-json\/wp\/v2\/posts\/6253\/revisions\/6254"}],"wp:attachment":[{"href":"https:\/\/howtogeek.blog\/cs\/wp-json\/wp\/v2\/media?parent=6253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/howtogeek.blog\/cs\/wp-json\/wp\/v2\/categories?post=6253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/howtogeek.blog\/cs\/wp-json\/wp\/v2\/tags?post=6253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}