Are Expectations For Gen AI Lower Than Planned? | Blog

I am coming to the conclusion that the hoped-for gen AI spending wave for both tech and tech services could be longer in developing than both the investors and companies are planning on. In a recent blog, I talked about the realization that most (perhaps as high as or above 90%) of the Proof of Concept (POC) initiatives that launched during 2023 will not make it to production in 2024. Yet, the tech firms are plowing hundreds of millions of dollars into building AI tools and building the capabilities for running them. What has changed? And where are there still opportunities for this important technology?

Read more in my blog on Forbes

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