Analysts Forecast: Generative AI Faces Challenges in 2024

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Published inAI News · 1 min read · Oct 10, 2023

Translated data: Analyst firm CCS Insight predicts that Generative AI will face significant challenges in 2024. Key reasons include rising costs associated with the technology, challenges to small developers, and the EU's regulatory efforts being hampered by the rapid pace of technological advancement. Despite the immense potential of Generative AI, multiple hurdles must be overcome for it to achieve market penetration.

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