Deep Dive Into Generative AI and What Will Drive Tomorrow
While the banking crisis may have interrupted funding flows for a limited period, the hype cycle in generative AI has momentum with staying power.
March 30, 2023 at 10:00 AM
7 minute read
CommentaryThe original version of this story was published on National Law Journal
Despite the banking crisis that has been shaking up Silicon Valley this March, the hype cycle in generative AI continues unabated. There is a growing consumer and enterprise appetite for the technology, interest in which has exploded since the November 2022 release of the ChatGPT application by OpenAI, combined with a growing shortage of knowledge workers, that could result in substantial unrealized revenue. As a result, more and more companies are jumping on board. And with all this buzz, there is an even greater interest on the part of investors, who are looking to position themselves ahead of each new wave of development. Meanwhile, consumer advocates and regulators are pushing for increased protection of intellectual property and personal privacy.
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