Emergent AI will have a profound impact on business and society

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Generative artificial intelligence (AI) is positioned on the Peak of Inflated Expectations on the Gartner Hype Cycle for Emerging Technologies 2023 and is expected to reach transformational benefit within two to five years. Generative AI is encompassed within the broader theme of emergent AI, a key trend on this Hype Cycle that is creating new […]

Generative artificial intelligence is positioned on the Peak of Inflated Expectations on the Gartner Hype Cycle for Emerging Technologies 2023 and is expected to reach transformational benefit within two to five years.

“The popularity of many new AI techniques will have a profound impact on business and society,” says Arun Chandrasekaran, distinguished VP Analyst at Gartner. “The massive pre-training and scale of AI foundation models, viral adoption of conversational agents and the proliferation of generative AI applications are heralding a new wave of workforce productivity and machine creativity.”

“As the technologies in this Hype Cycle are still at an early stage there is significant uncertainty about how they will evolve,” adds Davis. “Such embryonic technologies present greater risks for deployment, but potentially greater benefits for early adopters.”: In addition to generative AI, several other emerging AI techniques offer immense potential for enhancing digital customer experiences, making better business decisions, and building sustainable competitive differentiation.

 

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Generative AI revs up a new age in the auto industryFrom generating content and code, creating images and videos, and testing algorithms with synthetic data, generative AI is a force multiplier enabling leaps in productivity and creativity for nearly every industry – and particularly in transportation, where it’s streamlining workflows and driving new business. Across the entire auto industry, companies are exploring generative AI to improve vehicle […]
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