Generative AI is here to stay. It is not only a hype that probably gets worse before it gets better. And we clearly still are in a hype, as the following chart showing the search interest for ChatGPT between October 1, 2022 and April 12, 2023 from Google Trends shows. Similarly, the Gartner Group sees Generative AI technology approaching the peak of inflated expectations in its 2022 hype cycle for artificial intelligence. To be sure, we see only the tip of the iceberg when looking at voice, text or image based services that we all know and use. The Gartner Group also foresees many industrial use cases reaching from drug and chip design to the design of parts to overall solutions. You think that these scenarios lie far in the future? Read this Nature article from 2021 and think again. And in contrast to some of the other hypes that we have seen in the past few years, there are actual use cases that support the technology’s survival of the trough of disillusionment. As there are v...
- CRM (and other) Thoughts from Down Under