I think the AI hype is about to slow down.

This week I am attending Dell Technologies World. In one of the breakout sessions I attended the presenter showed a chart that looked like the one below.

I’m no fortune teller but I feel like we’re nearing the peak of the first hype curve. GenAI and specifically LLMs have been deployed in tons of applications and it seems at this point that most online comanies have integrated them to some degree in their products. It has also pierced most other mediums to some degree, image, video, music and even 3D.

People’s imaginations are pretty spun up right now on AI. Honestly I’m kind of tired of seeing that ever company is now an AI company. Don’t get me wrong, I’m sure they’re all doing great stuff, but it’s just getting old.

It reminds me of the blockchain and NFT crazes of the past decade. We see a few cool use cases, everyone thinks they need it, then eventually it simmers down and the technology settles down in the use cases that actually make sense.

Don’t get me wrong, I don’t think we’ve seen everything that GenAI is capable of. In fact I’m sure there’s loads more applications yet to be tapped into. I could be wrong about all this and I’ll happily eat these words.

AI Hype image