WILL THE AI BUBBLE BURST IN 2024?
Stock market Analysts are predicting that the AI hype might be over in 2024.
CCS Insight has made several predictions about what lies ahead for AI.
The main forecast for 2024 states that generative AI “will get a cold shower in 2024” because of the cost, risk, and complexity involved In AI technology.
The Chier Analyst of CSS Insight, Benwood said “The hype around Gen AI in 2023 has been so immense, but there are lots of obstacles that companies need to overcome to bring it to the mainstream market.”
If you are someone investing in AI, you need to understand that the cost of deploying AI is immense, which will dampen any gains that companies hope to see from it.
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