It's no surprise that generative AI and its foundational models are at the very peak of “inflated expectations” according to Gartner's “Hype Cycle for Artificial Intelligence”. We spoke to Afraz Jaffri, director analyst at Gartner, about the implications of this position and how businesses should prepare. He predicts two to five years for the foundation models, five to 10 years for generative AI to reach the “plateau of productivity”. He cites trust, regulation, copyright, and security as potential disruptions. The key to avoiding the “trough of disillusionment” is to manage expectations, plan for targeted use cases, and invest in data management and governance. AGI, or artifical general intelligence, may be obsolete before it reaches the plateau; however, many breakthroughs are needed to pave the way.
Originally reported by Martech: https://martech.org/what-does-the-future-hold-for-genai-the-gartner-hype-cycle/
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