Is the gen AI bubble due to burst? CIOs face rethink ahead [Video]

With inflated generative AI expectations giving way to let-down, IT leaders should consider specialized models, more realistic targets, and other forms of AI.

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Generative AI has been hyped so much over the past two years that observers see an inevitable course correction ahead — one that should prompt CIOs to rethink their gen AI strategies.

But while whispers of a gen AI bubble grow louder, a full burst may not be in the offing, as many AI experts see investment continuing even after some IT leaders, among others, push back on the technology’s hype.

That possible bubble, however, could deflate a bit. Analyst firm Gartner’s well-known hype cycle sees gen AI already past the peak of inflated expectations and headed into the trough of disillusionment.

Gartner also recently predicted that 30% of current gen AI projects will be abandoned after proof-of-concept by 2025. Many of those gen AI projects will failbecause of poor …