Is the GenAI Revolution over already?

Just recently I saw the article (that probably most of us already noticed with a gentle smile), that AI coding tools can slow down seasoned developers by 19% (on InfoWorld). And just now I came to another article on Futurism, that “AI Use Is Now Declining at Large Companies”.

Heise.de picked up the article as well (Ernüchterung statt Euphorie: KI-Nutzung in den USA geht zurück) and outlines that the big hope of additional revenues has not come true (well … as if a technology would print money) and that the negative effects start to be more visible.

Yeah well — I’m wondering where exactly we might be in the Gartner Hype Cycle. I guess somewhere near the “Trough of disillusionment”? I don’t think that there is any doubt that GenAI has some really really beneficial use cases. But to me it did sound a lot like the time when the use of big data was totally overhyped.

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