Is there an AI bubble and if so what does it mean to businesses if it bursts? Geoff Livingston and Greg Verdino discuss the AI bubble with guest Shashi Bellamkonda, principal research director, Marketing & AI Research and Advisory for Info-Tech Research Group.
The three explore a hype wave or a bubble in the AI industry and the challenges faced by companies that have over-invested in generative AI. They also discuss the role of OpenAI and its missteps in managing consumer expectations. The conversation highlights the importance of practical applications and the need for critical thinking when it comes to AI. Geoff, Greg, and Shashi also explore the future of AI and its impact on various industries. They emphasize driving revenue growth rather than just focusing on cost savings.
Chapters
00:00 Intro
04:43 The AI Bubble: Hype Wave or Bubble?
12:10 The Missteps of OpenAI
21:07 The Importance of Critical Thinking in Evaluating AI
31:29 Consolidation and Shakeout in the AI Market