Generative AI hype is ending – and now the technology might actually become useful

<https://theconversation.com/generative-ai-hype-is-ending-and-now-the-technology-might-actually-become-useful-236940>

"Less than two years ago, the launch of ChatGPT started a generative AI frenzy.
Some said the technology would trigger a fourth industrial revolution,
completely reshaping the world as we know it.

In March 2023, Goldman Sachs predicted 300 million jobs would be lost or
degraded due to AI. A huge shift seemed to be underway.

Eighteen months later, generative AI is not transforming business. Many
projects using the technology are being cancelled, such as an attempt by
McDonald’s to automate drive-through ordering which went viral on TikTok after
producing comical failures. Government efforts to make systems to summarise
public submissions and calculate welfare entitlements have met the same fate.

So what happened?"

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics