Business insight company Gartner has placed generative AI on the Peak of Inflated Expectations on its Hype Cycle for Emerging Technologies, 2023 report. According to the research and consulting firm, generative artificial intelligence will reach a transformational benefit level within five years. Generative AI is a subsection of emergent AI that the report states generates new opportunities for innovation.
“The popularity of many new AI techniques will have a profound impact on business and society,” says Arun Chandrasekaran, Distinguished VP Analyst at Gartner. “The massive pretraining and scale of AI foundation models, viral adoption of conversational agents and the proliferation of generative AI applications are heralding a new wave of workforce productivity and machine creativity.”
Gartner Names Four Emerging Technologies
Gartner’s Hype Cycle for Emerging Technologies, 2023, states four main trends in emerging technologies: emergent AI, developer experience, pervasive cloud and human-centric security and privacy. Emergent AI incorporates generative AI, AI simulation, casual AI, neuro-symbolic AI and more. These emerging AI technologies can enhance customer experiences and help brands make better, more informed decisions.
According to Gartner, cloud computing will become pervasive within the next 10 years. Additionally, cloud computing will be an essential driving force behind business innovation. In the future, cloud computing will focus on vertical industries, states Gartner. Another emerging tech trend on Gartner’s list, developer experience encompasses all interactions between developers and the tools and platforms they use to develop software. DevX is being enhanced by technologies such as internal developer portals, GitOps, API-centric SaaS and AI-augmented software engineering. Improving DevX will lead to companies being able to attract top engineers and higher levels of team morale.
The final emerging tech trend, human-centric security and privacy, will aid companies in preventing data breaches and security issues. Human-centric security and privacy programs integrate a security and privacy fabric into a company’s digital presence. Technologies that support the evolution of Human-centric security and privacy programs include cybersecurity mesh architecture, generative cybersecurity AI and postquantum cryptography.
“While all eyes are on AI right now, CIOs and CTOs must also turn their attention to other emerging technologies with transformational potential,” says Melissa Davis, VP Analyst at Gartner. “This includes technologies that are enhancing developer experience, driving innovation through the pervasive cloud and delivering human-centric security and privacy.
“As the technologies in this Hype Cycle are still at an early stage, there is significant uncertainty about how they will evolve,” adds Davis. “Such embryonic technologies present greater risks for deployment, but potentially greater benefits for early adopters.”
Jack Brassell is a freelance journalist and aspiring novelist. Jack is a self-proclaimed nerd with a lifelong passion for storytelling. As an author, Jack writes mostly horror and young adult fantasy. Also an avid gamer, she works as the lead news editor at Hardcore Droid. When she isn't writing or playing games, she can often be found binge-watching Parks & Rec or The Office, proudly considering herself to be a cross between Leslie Knope and Pam Beasley.
