Doubt is creeping into discussion over generative AI, as industry analysts begin to publicly question whether the huge investments in GenAI will ever pay off. The lack of a “killer app” besides coding co-pilots and chatbots is the most pressing concern, critics in a Goldman Sachs Research letter say, while data availability, chip shortages, and power concerns also provide headwinds. However, many remain bullish on the long-term prospects of GenAI for business and society.
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