Gartner ThinkCast
The AI Hype Cycle 2024: What’s Next for GenAI
Aug 20, 2024
Afraz Jaffri, a Senior Director Analyst specializing in AI technologies, unpacks the 2024 Gartner Hype Cycle for AI. He discusses the evolution of generative AI, shifting its perception from job replacement to augmentation. Jaffri emphasizes the significance of realistic expectations, ethical considerations, and collaboration in advancing AI. He also highlights emerging technologies like computer vision and decision intelligence, which are crucial for organizations. His insights help leaders navigate the fine line between hype and impactful innovation.
25:21
Episode guests
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- AI investment is crucial for organizations to maintain a competitive edge, requiring strategic guidance for effective implementation and development.
- Generative AI is moving from inflated expectations to realistic utility, with a journey of two to five years required for full productivity.
Deep dives
Investment and CEO Engagement in AI
Investment in artificial intelligence is surging, with a significant number of CEOs actively using AI tools. This trend reflects a pressing need for organizations to adapt to and capitalize on AI innovations to maintain a competitive edge. The focus on AI highlights the importance of strategic guidance from experts to make informed decisions and stay current with industry trends. By leveraging resources like strategic action plans, organizations can build effective AI strategies tailored to their unique challenges.
