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The top generative AI trends and impacts of 2023

Throughout 2023, generative artificial intelligence (AI) has dominated discussions on AI. However, hype around this technology has reached a peak. Data and analytics leaders must stay on top of generative AI (GenAI) trends and track the trajectory of innovations to create credible cases for investment.

For example, generative AI has increased productivity for developers and knowledge workers in very real ways, using systems like ChatGPT. This has caused organizations and industries to rethink their business processes.

There are two sides to the generative AI movement on the path toward more powerful AI systems: innovations that will be fueled by GenAI, and innovations that will fuel advances in GenAI.

Innovations that will be fueled by generative AI

Generative AI impacts business as it relates to content discovery, creation, authenticity and regulations. It also has the ability to automate human work, as well as customer and employee experiences.

The critical technologies that fall into this category include the following:

Innovations that will fuel generative AI advancement

Generative AI exploration is accelerating, thanks to the popularity of stable diffusion, midjourney, ChatGPT, and large language models. End-user organizations in most industries are aggressively experimenting with generative AI.

Technology vendors are forming generative AI groups to prioritize delivery of generative-AI-enabled applications and tools. Numerous startups have emerged in 2023 to innovate with generative AI, and this is expected to grow. Some governments are evaluating the impacts of generative AI and preparing to introduce regulations.

The critical technologies that fall into this category include the following:

Generative AI has the potential to impact organizations like no other technology in the past decade. Data and analytics leaders must leverage these trends to prepare their AI strategy for the future and utilize technologies that offer high impact in the present.

Afraz Jaffri is a Director Analyst at Gartner where he advises Data and Analytics leaders on making the most from their investments in machine learning analytics platforms. Gartner analysts will provide additional analysis on emerging technologies such as AI, as well as share advice for data and analytics leadersĀ  at Gartner IT Symposium/Xpo, taking place October 16-19, in Orlando, FL.

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