Wednesday, March 13, 2024

The 2023 Gartner Hype Cycle for Artificial Intelligence


Source: Gartner

The very first time someone introduced me to the Gartner Hype Cycle was back in 2004 at the Virtusa R&D Lab. It remains a reliable resource for assessing the investment potential of new technologies at the time the graph was created.

It's unsurprising that Generative AI currently finds itself at the Peak of Inflated Expectations, with an estimated 5-10 year horizon before achieving widespread utility and adoption within enterprises. In my view, investing more in Computer Vision would be prudent, given its already demonstrated usefulness and the controversies it has sparked. For instance, my local supermarket chain employs a Computer Vision-based solution at self-checkouts to identify potential instances of theft.