Analyst firm CCS Insight predicts generative AI will get a "cold shower" in 2024 as concerns over growing costs replace the "hype" surrounding the technology.
‘Overhyped’ generative AI will get a ‘cold shower’ in 2024, analysts predict::Analyst firm CCS Insight predicts generative AI will get a "cold shower" in 2024 as concerns over growing costs replace the "hype" surrounding the technology.
We're getting customers that want to use LLMs to query databases and such. And I fully expect that to work well 95% of the time, but not always, while looking like it always works correctly. And then you can tell customers a hundred times that it's not 100% reliable, they'll forget.
So, at some point, that LLM will randomly run a complete non-sense query, returning data that's so wildly wrong that the customers notice. And precisely that is the moment when they'll realize, holy crap, this thing isn't always reliable?! It's been telling us inaccurate information 5% of the usages?! Why did no one inform us?!?!?!
And then we'll tell them that we did inform them and no, it cannot be fixed. Then the project will get cancelled and everyone lived happily ever after.
You’re right but it’s worse than that. I have been in the game for decades. One bum formula and the whole platform loses credibility.
There isn’t a customer on the planet who’ll look at us as 5%.
Seeing people say they’re saving lots of time with LLMs makes me wonder how much menial busywork other people do relative to myself. I find so few things in my day where using these tools wouldn’t just make me a babysitter for a dumb machine.
It’s great for programming and writing formal messages. I never know where to get started on messages so I give the AI a summary of what I’m trying to say. That gives me a very wordy base to edit to my liking.
You don't need a LLM for converting pseudo code to Latex. LLMs surely help at programming (in my experience), but I feel like your example is really giving them justice :p
Depends on what you do. I personally use LLMs to write preliminary code and do cheap world building for d&d. Saves me a ton of time. My brother uses it at a medium-sized business to write performance evaluations... which is actually funny to see how his queries are set up. It's basically the employee's name, job title, and three descriptors. He can do in 20 minutes what used to take him all day.
Well that just sounds kind of bad... I hadn't even considered generating a performance review for my direct report. It's part of my job to give them meaningful feedback and help them improve, not just tick a box.
What your brother is doing is a pretty good example of why this stuff needs to be regulated better. People's performance evaluations are not the kind of thing that these tools are equipped to do properly.
Yeah... as a Product Manager, dealing with a lot of text based tasks, I really expected to find it more useful than I actually have. I've not really been able to use it for writing documentation and sending emails, because it matters to me what is in those and I have something I want to say in them.
The only way I could really consider offloading these tasks to AI is if I just stopped caring what went in them.
I use AI all the time in my work. With one of my tools I can type in a script and have a fully-acted, fully-voiced virtual instructor added to the training we create. Saves us massively in both time and money and increases engagement.
This is how AI will truly sweep through the market. Small improvements, incrementally developed upon, just like every other technology. White collar workers will be impacted first, with blue collar workers second, as the technology continues to develop.
My friend is an AI researcher as part of his overarching role as an analyst for a massive insurance company, and they're developing their own internal LLM. The things AI can do will be absolutely market-shattering over time.
Anyone suggesting AI is just a fad/blip is about as naive as someone saying that about the internet in 1994, in my view.
Unfortunately that hasn't been my experience, but I'm only using it to find answers for things a couple ddg queries won't solve because traditional search engines are so much faster