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Gen AI falling short of expectations to transform businesses as challenges mount

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FILE PHOTO: Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Enterprises had underestimated what they needed to use gen AI, and overrated its impact on businesses.

PHOTO: REUTERS

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SINGAPORE – Generative artificial intelligence (gen AI) promised a roaring business revolution, but 18 months after ChatGPT’s big-bang debut, its impact is more like a whimper.

Enterprises had underestimated what they needed to use gen AI and overrated its impact on businesses, observers said.

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