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‘Overhyped’ generative AI will get a ‘cold shower’ in 2024, analysts predict

'Overhyped' generative AI will get a 'cold shower' in 2024, analysts predict

An AI sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023.

Aly Song | Reuters

The buzzy generative artificial intelligence space is due something of a reality check next year, an analyst firm predicted Tuesday, pointing to fading hype around the technology, the rising costs needed to run it, and growing calls for regulation as signs that the technology faces an impending slowdown.

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