2023 Gartner Hype Cycle Shows: Generative AI at the Peak of 'Inflated Expectations'

The 2023 Gartner Hype Cycle for Emerging Technologies indicates that generative artificial intelligence is at the peak of 'inflated expectations'. Generative AI is influenced by overly high expectations, misleading vendor marketing, and market confusion. The next phase will enter the 'trough of disillusionment', but there is still debate about whether it can deliver long-term value to businesses and society.