Despite its broad utility, Nick Kramer comments on the limitations of gen AI in this Diginomica article.
He sees many executives getting enchanted by the broad utility of gen AI, meaning that it can be incorporated into existing products in ways blockchain, Robotic Process Automation, and other previously hyped technologies could not. This has led many executives and their boards to buy into promises that it is a panacea. He says:
“Unfortunately, there are a lot of areas in which our existing analytical methods are vastly superior. People believe its quantitative outputs even though math is not their strongest suit. They cannot escape creating hallucinations, and its creations are only a starting point, not a finished product.”
