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

October 12, 2023
CNBC
Contributed by: Bill Russell
Summary
CCS Insight predicts generative AI will face slowdown in 2024 due to increased costs and hype fading; small developers may find operation too expensive. It also anticipates EU AI regulation delays due to technology's rapid advancement. Next, CCS Insight predicts a search engine will add AI-generated content warnings and expects the first arrests for AI-based identity fraud in 2024.
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