Generative AI is in a hype cycle and hasn't peaked yet

On August 5, Vasi Philomin, Global VP of Generative AI at Amazon Cloud Technologies, said, "I don't think we can deny that the internet bubble ever existed, but it did change everyone's life and we can't imagine life without it now. I believe generative AI will change every profession, every business in every industry. It will take time." When asked if we are now in a Hype Cycle (Hype Cycle)? Philomine replied, "Yes. We probably haven't peaked yet, and there's definitely more hype to come. But in the meantime, a lot of people are quietly building useful things behind the scenes, and they're realizing real business use cases behind the scenes." (Punch)