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How The Tech Industry Can Avoid Another AI Winter

Feb 05, 2024 - forbes.com
The article discusses the potential of AI and the challenges it faces in terms of adoption and implementation. The author, a CTO of an AI platform, notes that while business leaders are increasingly recognizing the value of AI, many struggle with how to implement it effectively. The author warns against the risk of AI becoming 'shelfware' - software that is purchased but not used - and argues that failing to deliver on AI's potential could lead to a decrease in enthusiasm and investment in the technology.

The author also highlights the history of 'AI winters', periods where enthusiasm and funding for AI research waned due to unmet high expectations. To avoid another AI winter, the author suggests that the secrets to successful AI adoption need to be shared more widely. While the technology behind AI has developed rapidly, the author argues that progress in how we approach user adoption has been slow. Therefore, to realize the potential of AI, we need to focus not only on technological advancement but also on effective change management.

Key takeaways:

  • The potential of AI has come into sharp focus recently, changing the conversation from 'if' to 'how' to implement it in businesses.
  • There is a risk of AI becoming 'shelfware' if it is not properly implemented and adopted, which could lead to a loss of enthusiasm and investment in the technology.
  • AI has gone through periods of hype and 'winters' where interest and funding have dried up due to unmet expectations.
  • To avoid another 'AI winter', it is crucial to not only advance the technology but also improve how we approach user adoption, sharing successful strategies rather than keeping them secret.
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