AI has been on every technology watch list for the past few years. Will its rise continue into 2025?
In mid-2023, market analyst Gartner put GenAI beginning its slide into the ‘trough of disillusionment’ in its hype cycle. Life on the AI frontier is proving hard as problems build up on multiple fronts: cost, the supply of data, applications and – perhaps most importantly – the underlying architecture.
Will 2025 mark the pinnacle of AI’s dominance? Or is the over-hyped AI bubble about to burst?
Here are five predictions for AI in the year ahead:
Heading for a bust
A report by tech consultancy Strategy Insights has found that concerns among the company executives surveyed indicate that AI’s rise will be tempered by some practicalities in 2025.
These concerns and challenges include mounting costs, skill shortages, regulatory compliance pressures such as the EU AI Act, challenges of scaling AI sustainably and economic pressures surrounding the high total cost of ownership of AI systems.
However...