{"id":5785,"date":"2024-04-01T00:11:44","date_gmt":"2024-04-01T00:11:44","guid":{"rendered":"https:\/\/www.horsesforsources.com\/?p=5785"},"modified":"2024-09-11T11:48:33","modified_gmt":"2024-09-11T11:48:33","slug":"genai-will-crash-and-burn_040124","status":"publish","type":"post","link":"https:\/\/www.horsesforsources.com\/genai-will-crash-and-burn_040124\/","title":{"rendered":"GenAI will crash and burn"},"content":{"rendered":"<p>We\u2019re sad to inform you all that the GenAI we have grown to love with such intensity will shortly crash and burn.\u00a0 We\u2019ve been here before, folks, when we called the <a href=\"https:\/\/www.horsesforsources.com\/rpa-dead-integrated-automation-platforms_041519\/\">death of RPA<\/a> five years ago\u2026 and we are today calling the <em>death<\/em> of GenAI:<\/p>\n<p><a href=\"https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/GenAI-steep-decline.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-5787\" src=\"https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/GenAI-steep-decline-1024x583.png\" alt=\"\" width=\"640\" height=\"364\" srcset=\"https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/GenAI-steep-decline-1024x583.png 1024w, https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/GenAI-steep-decline-300x171.png 300w, https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/GenAI-steep-decline-768x437.png 768w, https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/GenAI-steep-decline-1536x875.png 1536w, https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/GenAI-steep-decline-2048x1166.png 2048w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/GenAI-steep-decline.png\"><em>Click to Enlarge<\/em><\/a><\/p>\n<h3><span style=\"color: #7438f2;\">So why is GenAI in a death spiral?<\/span><\/h3>\n<p>GenAI has simply become the new Digital. \u00a0The many billions every tech and services firm has claimed to be investing in GenAI has now evaporated in a puff of press releases, turgid conferences, and soul-crushing webcasts. They\u2019re now claiming everything they once painted as <em>digital<\/em> is now getting a second coat of paint called <em>GenAI<\/em>.<\/p>\n<p>Suddenly, every single executive from every single organization is talking as incessantly about GenAI as they used to about Digital.\u00a0 And they are keeping a straight face while they do it.<\/p>\n<p>But \u201c<em>What is the problem with this, Phil? \u00a0AI is changing everything about our world.<\/em>\u201d I hear you all collectively cry\u2026 so without further ado, let\u2019s analyze brand-new data from our SuperGen study of 50,000 senior executives in big companies in the F5000.<\/p>\n<h3><span style=\"color: #7438f2;\"><strong>HFS\u2019 SuperGen study finally reveals the real truths behind the last 16 months of AI hysteria<\/strong><\/span><\/h3>\n<p>Not content to simply jump on this hysterical AI bandwagon, HFS\u2019s stubborn analyst team took it upon itself to launch the largest-ever study of GenAI adoption known to humankind. Here are some key highlights from the data findings we can exclusively reveal today:<\/p>\n<ul>\n<li><strong>98% of executives claim to be rolling out GenAI initiatives.<\/strong><\/li>\n<li><strong>76% believe their GenAI initiatives are game-changing but won&#8217;t disclose what they are.<\/strong><\/li>\n<li><strong>91% of senior executives do not have a paid ChatGPT account.<\/strong><\/li>\n<li><strong>84% of senior executives with a paid ChatGPT account haven\u2019t actually used it yet.<\/strong><\/li>\n<li><strong>85% of senior executives have only performed one prompt, which is to find out what ChatGPT says about them.<\/strong><\/li>\n<li><strong>97% of senior executives can\u2019t actually <em>define <\/em>GenAI.<\/strong><\/li>\n<li><strong>63% believe Elon Musk and Jensen Huang are developing GenAI to control people\u2019s minds with embedded Nvidia chips.<\/strong><\/li>\n<li><strong>34% believe Donald Trump will soon launch his own GenAI tool branded MagaGPT.<\/strong><\/li>\n<li><strong>88% believe President Biden would benefit from a GenAI chip implant.<\/strong><\/li>\n<\/ul>\n<h3><span style=\"color: #7438f2;\"><strong>Bottom-line:\u00a0 With GenAI hitting the skids, what\u2019s next?<\/strong><\/span><\/h3>\n<p>We decided to consult the experts on <em>what<\/em> will replace GenAI and these many billions of dollars we\u2019ve seen expended into the ether.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-5788\" src=\"https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/Jensen-and-Jesse--1024x454.jpg\" alt=\"\" width=\"640\" height=\"284\" srcset=\"https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/Jensen-and-Jesse--1024x454.jpg 1024w, https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/Jensen-and-Jesse--300x133.jpg 300w, https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/Jensen-and-Jesse--768x340.jpg 768w, https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/Jensen-and-Jesse--1536x681.jpg 1536w, https:\/\/www.horsesforsources.com\/wp-content\/uploads\/2024\/03\/Jensen-and-Jesse--2048x908.jpg 2048w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ff6600;\"><em>Jensen Huang and Jesse Lyu weigh in on the demise of GenAI<\/em><\/span><\/p>\n<p>Firstly, we spoke to the new Steve Jobs\u2026 Rabbit\u2019s Jesse Lyu has sent a <a href=\"https:\/\/www.horsesforsources.com\/silence-of-the-lams_012724\/\">thunderbolt of excitement into the industry<\/a> with his revolutionary handheld product, RI.\u00a0 \u201cLLMs asked the questions, but LAMs will provide the real actions.\u00a0 Fortunately, we\u2019ve only just shipped out the first batch of Rabbits, so it\u2019ll take a while for you all to realize the thing just adds yet another useless layer of application management.\u00a0 But it\u2019s a cute bunny, and I got you all excited and very rich at the same time, so what the hell.\u201d<\/p>\n<p>We then managed to get Nvidia CEO Jensen Huang himself to talk to us, and he was pretty candid, \u201cWe\u2019ve made so many billions from GenAI that I realized it may evaporate once I ditched this leather jacket I\u2019ve been wearing continuously the past few years.\u00a0 So I\u2019ve decided to invest in a super cool new bomber jacket to prepare for the next big thing\u2026 stay tuned, folks!\u201d<\/p>\n<p><span style=\"color: #000000;\"><strong>Well, there we have it, everyone.\u00a0 With GenAI about to <em>die<\/em>, we can only ask <em>why<\/em>\u2026. <\/strong><\/span><\/p>\n<p>And of course&#8230; this was an:<a href=\"\/wp-content\/uploads\/2009\/04\/april-fool.jpg\"><!-- pagebreak --><\/a><\/p>\n<p><!--more--><\/p>\n<p><a href=\"\/wp-content\/uploads\/2009\/04\/april-fool.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3193\" style=\"display: block; margin-left: auto; margin-right: auto;\" title=\"april fool!\" src=\"\/wp-content\/uploads\/2009\/04\/april-fool.jpg\" alt=\"\" width=\"342\" height=\"357\" \/><\/a><\/p>\n<p>Please, please don&#8217;t tell me you fell for this again for the FIFTEENTH time! \u00a0&#8230;And I know many of you did =)<\/p>\n<p><em>And while we\u2019re reminiscing about falling for April Fools\u2019 gags, here is 2023&#8217;s classic:<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.horsesforsources.com\/hfs-launches-llm-search_040123\/\">HFS launches large language search capability to revolutionize research access<\/a><\/strong><\/p>\n<p><em>And 2022&#8217;s<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.horsesforsources.com\/hfs-zoom-announcement_040122\/\">HFS Research partners with Zoom to Improve Employee and Customer Experiences and Eliminate the Mute Button<\/a><\/strong><\/p>\n<p><em>And 2021&#8217;s<\/em><\/p>\n<p><a href=\"https:\/\/www.horsesforsources.com\/HFS_Capital_040121\" target=\"_blank\" rel=\"noopener\"><strong>HfS Research receives $223 million in Series C Funding to become the world&#8217;s favorite tech analyst firm<\/strong><\/a><\/p>\n<p><em><strong><a href=\"https:\/\/www.horsesforsources.com\/april-fools-2020\/\">2020 was canceled as we were having enough drama<\/a><\/strong><\/em><\/p>\n<p><em>And 2019&#8217;s<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.horsesforsources.com\/quantum_destroy_blockchain_040119\" target=\"_blank\" rel=\"noopener\">Quantum set to destroy blockchain by 2021<\/a><\/strong><\/p>\n<p><em>And 2018&#8217;s<\/em><\/p>\n<p><strong><a href=\"https:\/\/www.horsesforsources.com\/blockchain-cataclysmic_040118\" target=\"_blank\" rel=\"noopener\">How blockchain will change the world in many more ways than you realize. It\u2019s cataclysmic<\/a><\/strong><\/p>\n<p><em>And 2017&#8217;s<\/em><\/p>\n<p><a href=\"https:\/\/www.horsesforsources.com\/hfs-whisky-blueprint_040117\" target=\"_blank\" rel=\"noopener\"><strong>Yamazaki, Macallan and Redbreast lead the inaugural HfS Premium Whisky Blueprint<\/strong><\/a><\/p>\n<p><em>And 2016&#8217;s<\/em><\/p>\n<p class=\"p1\"><strong><a href=\"\/undigital_040116\" target=\"_blank\" rel=\"noopener\">HfS launches new unDigital magazine<\/a><\/strong><\/p>\n<p><em>And 2015&#8217;s\u00a0<\/em><\/p>\n<p><strong><a href=\"\/hfs-sourcing-advisor-market_04-0115\" target=\"_blank\" rel=\"noopener\">HfS announces its entry into the outsourcing advisory market<\/a><\/strong><\/p>\n<p><em>And 2014&#8217;s\u00a0<\/em><\/p>\n<p><strong><a href=\"\/first-automated-analyst_040114\" target=\"_blank\" rel=\"noopener\">HfS and Blue Prism partner to develop automated analyst solutions<\/a>\u00a0<\/strong><\/p>\n<p><em>And 2013&#8217;s\u00a0<\/em><\/p>\n<p><strong><a href=\"\/phil-fersht-gone_040113\" target=\"_blank\" rel=\"noopener\">Phil Fersht steps down as HfS CEO<\/a><\/strong><\/p>\n<p><em>And 2012&#8217;s<\/em><\/p>\n<p><strong><a href=\"\/merriam-webster_040112\" target=\"_blank\" rel=\"noopener\">Merriam-Webster to remove the term Outsourcing for IT and Business Services<\/a><\/strong><\/p>\n<p><em>And 2011&#8217;s<\/em><\/p>\n<p><strong><a href=\"\/the-painsharing-paradox_040111\" target=\"_blank\" rel=\"noopener\">Painsharing exposed: HfS to reveal the worst performers in the outsourcing industry<\/a><\/strong><\/p>\n<p><em>And 2010&#8217;s:<\/em><\/p>\n<p><strong><a href=\"\/horses-for-sources-to-advise-obama\" target=\"_blank\" rel=\"noopener\">Horses for Sources to advise Obama administration on offshore outsourcing<\/a><\/strong><\/p>\n<p><em>Oh, and here\u2019s 2009&#8217;s which I really hope you didn\u2019t fall for too (and many did):<\/em><\/p>\n<p><strong><a href=\"\/horses-exclusive-obama-to-ban-offshore-outsourcing\" target=\"_blank\" rel=\"noopener\">Horses Exclusive: Obama to ban offshore outsourcing<\/a><\/strong><\/p>\n<div>Now if you fell for all FOURTEEN of these, please ADMIT TO THE WORLD YOU NEED A CRASH COURSE IN GULLIBILITY COUNSELLING AND FOREVER HOLD YOUR PEACE \ud83d\ude42<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re sad to inform you all that the GenAI we have grown to love with such intensity will shortly crash&#8230;<\/p>\n","protected":false},"author":3,"featured_media":5787,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[867,1014,1092,1073],"tags":[968,1224,143,1055,1119,1223,1195,619,1196],"organization":[],"ppma_author":[19],"class_list":["post-5785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","category-chatgpt","category-genai","category-generative-enterprise","tag-ai","tag-april-fool","tag-artificial-intelligence","tag-generative-enterprise","tag-lambda","tag-lams","tag-llms","tag-phil-fersht","tag-rabbit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GenAI will crash and burn - Horses for Sources | No Boundaries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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