The AI revolution may have lost some of its initial hype, but that doesn’t mean it’s slowing down. Just like other revolutionary technologies in the past, there is often a period of lull before the true transformation takes place. Generative AI and large-language models (LLMs) continue to advance, with companies like OpenAI and Google rolling out new commercial services and models. Additionally, open-source AI models are progressing rapidly, driving innovation in the field. Despite some users and commentators losing interest, AI’s transformative power continues to grow.
In academia, LLMs are still being discussed, particularly because students are using them to cheat. However, there has been no clear policy response from academia, indicating that we are not yet ready for the changes that AI could bring to the education system. While AI hasn’t made a significant impact in retail yet, it is only a matter of time before we see AI-powered shopping apps and other innovations in the industry.
The important thing to remember is that AI is not going away. The AI revolution is just getting started, and its impact will be just as transformative as advertised. So, while the initial excitement may have faded, the development and progress of AI are still very much alive. And who knows, maybe AI will even design and recommend the perfect shirt for you to buy in the future.
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