Posted 1/10/2024, 12:00:00 PM
2023: Year of AI Hype and Unmet Expectations
- 2023 will be remembered for generative AI hype and high expectations that will lead to disappointment in 2024
- Evidence will emerge that generative AI models spread false information and hallucinations that will be difficult to fix
- Hopes for exponential productivity improvements from AI will fade as implementations underdeliver
- Adoption of generative AI will increase, displacing some workers, but big tech platforms will benefit more than society
- Calls for antitrust action and regulation of generative AI models will intensify but face challenges due to government being behind the technology