'Overhyped' generative AI will get a 'cold shower' in 2024, analysts predict
Publishing timestamp: 2023-10-10 12:04:06
Summary
The article predicts that generative AI will face a reality check in 2024 due to rising costs and challenges for smaller developers. It also suggests that AI regulation in the European Union will face obstacles due to the rapid advancement of technology. Additionally, the article mentions the use of AI-generated content and the potential need for labeling or watermarking to combat misinformation. It concludes by predicting that arrests for AI-based identity fraud may start in 2024.
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Keywords: breaking news: technology, meta platforms inc, qualcomm inc, nvidia corp, amazon.com inc, alphabet class c, computer hardware, technology, business news, alphabet inc,
Source: https://www.cnbc.com/2023/10/10/generative-ai-will-get-a-cold-shower-in-2024-analysts-predict.html