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Gen AI’s awkward adolescence: The rocky path to maturity
People thought the internet would fail. So could we be underestimating gen AI's long-term potential as we focus on short-term challenges?
Certainly, several recent news stories and analyst reports have questioned the immediate utility and economic value of gen AI, especially bots based on large language models (LLMs). Analyst Benedict Evans recently discussed “what happens when the utopian dreams of AI maximalism meet the messy reality of consumer behavior and enterprise IT budgets: It takes longer than you think, and it’s complicated.” Overestimating the promises of new systems is at the very heart of bubbles. As we approach the autonomy wave in the mid-2030s, we may witness AI applications becoming mainstream, such as in precision medicine and humanoid robots that seem like science fiction today.
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