Pakistan, March 15 -- If Plato were alive today, he would have argued that his 'Allegory of the Cave' has been validated amid the global AI hysteria. This metaphor is a fascinating philosophical reflection on how the dominance of singular narratives tends to limit people's ability to examine broader truths of their times. Let's come to terms with the reality that the disproportionate attention being accorded to AI in terms of investments and policy focus is overshadowing the potential of other crucial technologies such as quantum computing, 3D printing and nanotechnology.

Gartner Inc's 'Hype Cycle' for technologies is an appropriate analytical framework to evaluate the trajectory and market receptivity of innovations. It is a graphical r...