Generative AI Is Sliding Into The 'Trough Of Disillusionment'
ComputerWorld, Thursday, August 22nd, 2024
The hype over genAI and associated AI tech is waning, leading companies to seek concrete returns for their investments.
Market research firm Gartner yesterday published its 2024 Hype Cycle for Emerging Technologies, and the study revealed that generative AI (genAI) has passed the 'peak of inflated expectations' and is now sliding down into the 'trough of disillusionment.'
Along with genAI, AI-augmented software engineering is also heading down the slope, after passing its inflated expectations in markets, according to Gartner, whose Hype Cycle describes the hot ascent and eventual cooling off of technology adoption.