Search results for "CCS"
05:58

Analyst agency: Generative AI is overhyped, and related industries are expected to "cool" in 2024

Analyst firm CCS Insight today predicted that the generative AI space could face a reality check next year. It believes that as "the hype around AI technology itself gradually fades", "the cost of running AI continues to rise" and calls for "regulation of AI" increase, the AI industry may cool in the future, and technological development gradually shows signs of slowing down. CCS Insight's main prediction for 2024 is that generative AI will be "doused with cold water" in 2024, as the costs, risks associated with AI technology will "replace the hype around the technology." Ben Wood, principal analyst at CCS Insight, said: "Everyone is talking about generative AI right now, including Google, Amazon, Qualcomm and Meta. We are very supportive of AI, we think it will have a huge impact on the economy, we think it will have a significant impact on society as a whole, we think it is good for productivity. But the hype around generative AI this year 2023 is simply so great that we think AI is overhyped and the technology needs to overcome many hurdles to bring it to market. ”
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14:12
According to IT House’s report on October 10, analysis agency CCS Insight made a prediction today that the field of generative AI may face a reality check next year. It believes that as the "hype surrounding AI technology itself gradually weakens", "the cost of running AI continues to rise" and the calls for "regulating AI" increase, the AI industry may be cold in the future and technological development will gradually show signs of slowing down. CCS Insight's main prediction for 2024 is that generative AI will "be poured cold water on" in 2024, as the costs and risks associated with AI technology will "replace the hype surrounding the technology." Ben Wood, chief analyst at CCS Insight, said: "Everyone is talking about generative artificial intelligence now, including Google, Amazon, Qualcomm and Meta. We are very supportive of artificial intelligence and think it will have a huge impact on the economy. We think it will have a huge impact on the economy." will have a significant impact on society as a whole, seeing it as a boon to productivity. But the hype around generative AI this year in 2023 is simply so huge that we think AI is overhyped and the technology will need to overcome many hurdles to push it to market."
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09:19

Agency: Generative AI is overhyped and will die in 2024

Analyst company CCS Insight released a report today saying that generative artificial intelligence has been overhyped. This emerging technology will be out of date by 2024 as associated costs increase. The report said that the buzzing generative artificial intelligence will face a severe test next year. Today, the hype surrounding the technology is fading, the rising costs of running it and calls for regulation are growing, all signs that the technology is about to die. To this end, CCS Insight predicts that generative artificial intelligence will encounter a "cold shower" in 2024 as concerns about its cost, risk, and complexity increase, eventually overshadowing people's bets on this technology.
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