Beyond the hype

This is an interesting opinion piece, as it goes a little beyond the ‘You need to buy a monorail’ hype*

Are Expectations For Gen AI Lower Than Planned?

At least 90% of the POCs for gen AI that launched during 2023 will not make it to production in 2024. Yet, tech firms are still plowing hundreds of millions of dollars into building AI tools and building the capabilities for running them. Are they overbuilding?

ForbesPeter Bendor-Samuel

It starts talking about the “Well how do we do this and who is doing it?”. In every discussion I’ve read I’ve not seen a detailed RoI beyond a claim to save. Early days I know. But that needs to come soon from the early adopters.

Massive investment has been made by the big players, so this year will be crucial. What it doesn’t cover is the impact of rushed or poorly thought-out/implemented solutions that make splashy headlines. That would put the brakes on things. Or what governments might do if they feel it needs to be regulated. Also, that it’s challenging times for a lot of businesses to make big bets - I’m not sure costs would reduce as quickly as there’s investment to recoup.

Interesting balancing act with a lot of factors in play.

*if you get that reference, I appreciate it.