Thursday, March 19, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

Geoprise Founder’s Recent Book Dents Rampant AI Hype

January 22, 2026
in Artificial Intelligence, Blockchain, Press Release
Reading Time: 5 mins read
5
SHARES
246
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Bangkok, Thailand, January 22, 2026 –(PR.com)– Worldwide interest in generative artificial intelligence (gen AI) plunged after publication of the influential book You Are Being Scammed, according to Google Trends data. Those trends reveal that the book, written by Geoprise Founder Nelson Nones, dropped at exactly the same moment as the peak of AI hype in November 2025.

Further evidence of the book’s impact came one month later when MIT Technology Review published its series “The great AI hype correction of 2025” on December 15 declaring, “After a few years of out-of-control hype, people are now starting to re-calibrate what AI is, what it can do, and how we should think about its ultimate impact.” Today, the Google Trends data confirm that public interest in AI topics has diminished to less than half its peak two months ago.

Asked during a recent interview about why his book had such great impact, Nones replied that it debunks several key myths propping up the AI bubble. “For example, promoters of large language models (LLMs) make straight-line projections of so-called ‘scaling laws’ to convince gullible investors that artificial general intelligence (AGI) is imminent, requiring only vast investments in power plants and data centers to tip the balance,” said Nones.

“Corporate leaders latched onto the myth of AGI,” he continued, “as a way to cut costs by automating cognitive work, but the notion of AI rendering any more than a fraction of the human workforce obsolete is a fallacy, because most jobs require at least some physio-mechanical ability,” such as manual dexterity, “which no AI system can possibly perform.”

For enterprises, Nones also differentiates strategic from tactical information technology (IT) investment by testing the capability of AI technology to develop competitive advantages or significantly expand their total addressable market on the one hand, versus improve the performance of business as usual on the other. “A recent McKinsey article about ‘rewiring’ enterprises,” he says, “explains how AI agents can help a bank’s human credit managers improve their efficiency and effectiveness, but these are tactical investments in my view because the underlying loan underwriting process remains the same. By contrast, harnessing AI technology to profitably underwrite loans without involving any human credit managers would be highly strategic because it would enable banks to capture new loan demand from customers they are unable to reach through personal visits.”

The problem, according to Nones, is hallucinations that are endemic to gen AI, rendering the technology so unreliable that it cannot be trusted with the responsibilities borne by human workers, such as credit managers, upon whom organizations rely to manage risk. As a result, contrary to recent hype, Nones concludes that most enterprises will limit their adoption of gen AI technology to tactical rather than strategic applications.

Today’s developments are the latest in a series of firsts for Geoprise. In early 2018, the flagship Geoprise enterprise resources planning (ERP) application, GM-X, was the first in the world (CIO Review magazine, November 2018) to combine proven blockchain technology with strong encryption for securing information assets, and it remains the only such ERP application suite on the market today. Later that year, Geoprise was first to market with a responsive mobile-first GM-X Web user interface allowing the entire GM-X application suite to run end-to-end on mobile as well as desktop and laptop devices.

Despite its track record of being first to market with proven ERP innovations, unlike most of its competitors, and to avoid any taint of “AI washing,” Geoprise has resolutely refrained from jumping onto the artificial intelligence (AI) bandwagon. Instead, Geoprise Founders have invested their time to author impactful works of thought leadership, such as You Are Being Scammed (Park Gallery, ISBN 979-8993865614, 132 pages) by Geoprise Founder Nelson Nones, to successfully educate the market about the pitfalls of deploying gen AI technology when implementing mission-critical systems of record such as ERP.

About Geoprise
Geoprise Technologies Corporation was formed in 1999 by a group of software executives with over a century of previous cumulative experience building ERP and manufacturing operations management systems and implementing them worldwide. The privately held company’s mission, then and now, is to create exceptional value for its customers by harnessing the power and economy of information technology to enable lean, world-class industrial operations on a global scale. Today, Geoprise focuses exclusively on delivering its state-of-the-art GM-X ERP solution to businesses operating in North America, Europe, Asia, and the Pacific Rim. Geoprise values integrity by maintaining strict independence, intense commitment to business ethics and profound respect for intellectual property rights. For further information, visit the company’s website at geoprise.com.

About Park Gallery
Park Gallery is a book publisher and imprint that is a wholly owned subsidiary of Geoprise Technologies Corporation. Its titles are available worldwide in both print and e-book formats at Amazon Books.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

KADO Digital Business Cards Announces New AI-Powered Features and Enhanced Web Experience to Improve Professional Networking

Next Post

Nextech3D.ai Launches “Nextech Event AI”, a Unified AI Event Operating System For Its Fortune 500 Customers

Related Posts

PLDT’s Smart Selects Amdocs to Transform Retail Operations with AI-Powered Store Genie

Delivered on Amdocs aOS, Store Genie embeds telco-specific AI agents into customer engagement workflows, advancing Smart's AI innovation on a scalable, telco-grade foundation JERSEY CITY, NJ / ACCESS Newswire / March 18, 2026 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced...

Read moreDetails

Blends Style and Function: The KiiBOOM Phantom98 Lite

When neither personal expression nor efficient performance can be compromised, choosing a keyboard becomes difficult. The KiiBOOM Phantom98 Lite is the answer designed for this balance. NEW YORK CITY, NY / ACCESS Newswire / March 18, 2026 / More than just a way to type, the KiiBOOM Phantom98 Lite is...

Read moreDetails

Ondas and Heidelberg Establish ONBERG Autonomous Systems Joint Venture to Advance European Drone Defense Industry

Long term plan to create a European one-stop shop for autonomous drone defense systems, combining battle-proven OAS technologies with German industrial scale and precision engineering Joint roadmap for ONBERG to establish local sales, development, and industrial production in Germany, supporting sovereign European defense capabilities and protection of critical infrastructure WEST...

Read moreDetails

Modulate Launches Velma Transcribe: High-Performance Transcription For Real World Conversations at 90% Lower Cost

Modulate's ELM model architecture unlocks transcription for the masses, cutting costs by 10x while achieving industry-leading accuracy. BOSTON, MA / ACCESS Newswire / March 18, 2026 / Modulate, the frontier conversational voice intelligence company, today announced Velma Transcribe, a speech-to-text API delivering high-accuracy, low-latency transcription at 90% lower cost per...

Read moreDetails

Pypestream Solves Insurance Sector Challenges with Applied AI Solutions That Deliver Scalability, ROI

The developer of custom artificial intelligence-enabled workflow solutions for business brings enterprise-grade AI to leading insurance carriers, automating claims and policy servicing, accelerating resolution times, and improving customer experience. NEW YORK CITY, NY / ACCESS Newswire / March 18, 2026 / Few insurance companies have derived value from their rush...

Read moreDetails

General Vision, Inc. Joins the Lattice Semiconductor Partner Network

San Francisco, CA, March 18, 2026 --(PR.com)-- General Vision, Inc. (GV), the San Francisco, California-based pioneer of neuromorphic AI and creator of the NeuroMem® neuromorphic AI platform, today announced that it has joined the Lattice Semiconductor Partner Network. The collaboration unites General Vision's industry-leading trainable, responsible, and explainable AI silicon with...

Read moreDetails

Open Registration for CMG Alliance + CAPCC’s “Empowered to Win Government Contracts” Program

Sacramento, CA, March 18, 2026 --(PR.com)-- CMG Alliance, in partnership with the California Asian Pacific Chamber of Commerce (CAPCC), announced the expansion of its Empowered to Win Government Contracts Program, a fully funded initiative supporting small businesses in 21 states.The program is designed for growth-stage businesses seeking to compete for government...

Read moreDetails

Size Stream Achieves SOC 2 – Type 2 Compliance, Reinforcing Commitment to Enterprise-Grade Security and Data Privacy

Cary, NC, March 18, 2026 --(PR.com)-- Size Stream, a leading provider of AI-powered body scanning technology that delivers body measurements and composition insights from mobile devices for health, fitness, and apparel applications, today announced the successful completion of its SOC 2 - Type 2 examination, one of the most rigorous and...

Read moreDetails

Free to Live Announces Spring Fest 2026: A Community Event Empowering Survivors and Strengthening Community Support

Carrollton, Texas - Free to Live, a nonprofit organization dedicated to empowering survivors of domestic violence and supporting families through education, advocacy, and holistic healing, proudly announces Spring Fest 2026, a community-centered event designed to provide resources, connection, and healing for individuals and families across North Texas.The event will take...

Read moreDetails

New Press Release Service in Town for Maximum Visibility

AIWebsitesWorld.com Launches a Breakthrough PR Offering Designed for Maximum Online VisibilityPortland, OR - March 18, 2026 - AIWebsitesWorld.com, a fast‐growing digital solutions platform for small and mid‐sized businesses, today announced the launch of its new press release service-an offering designed not only to help companies share their news but also...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Sugar Harmony (2026 CONSUMER REPORT): Tainted Supplement Warning Issued as “Glucose Reset Ritual” Goes Viral

    6 shares
    Share 2 Tweet 2
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    93 shares
    Share 37 Tweet 23
  • FRAX Ecosystem: Deep Dive into DeFi’s Holy Trinity!!

    6 shares
    Share 2 Tweet 2
  • Future of the Creator Economy Market (2025) | Influencer Platforms, Digital Monetization & Industry Trends | Top 5 Companies 2026: Instagram, TikTok, YouTube, Ko-fi Labs, Patreon

    6 shares
    Share 2 Tweet 2
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    155 shares
    Share 62 Tweet 39
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • PLDT’s Smart Selects Amdocs to Transform Retail Operations with AI-Powered Store Genie
  • Blends Style and Function: The KiiBOOM Phantom98 Lite
  • Ondas and Heidelberg Establish ONBERG Autonomous Systems Joint Venture to Advance European Drone Defense Industry
  • Modulate Launches Velma Transcribe: High-Performance Transcription For Real World Conversations at 90% Lower Cost
  • Pypestream Solves Insurance Sector Challenges with Applied AI Solutions That Deliver Scalability, ROI

RSS Latest on Block3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age

RSS Latest on Meta3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Founder’s Note
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Web3Wire Whitepaper | Tokenomics

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!

The Klyrox Protocol | The Algorithmic Monographs

Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News

Media Portfolio: Block3Wire | Meta3Wire

  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.