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They are now part of our daily lives. Conversational agents such as ChatGPT, Bard, or Bing Chat are widely used by Internet users. But the future of this market remains uncertain. Let's take stock with 3 exciting predictions that have punctuated the news in recent weeks.
1) Incredible growth prospects
In 2023, generative AI solutions are expected to attract $16 billion in investments, according to IDC. But this is nothing compared to the growth forecasts of experts who are counting on overall investments of 143 billion dollars in 2027. We therefore obtain an incredible growth rate of 73% over the next five years, or nearly 13 times the rate of IT spending, and twice that of overall spending on AI.
2) Users will check out
CCS Insight analysts estimate that the operating costs of generative AI are very high. The millions (or billions) of requests from Internet users are currently not profitable and a solution will eventually have to be found.
For its part, the Wall Street Journalcited the example of the GitHub Copilot tool (an assistant for coders) which is offered at $10 per month to developers, but whose average cost per user would be $20.
It is It is therefore entirely possible that these free tools will become chargeable. We can also consider a freemium model such as that currently practiced by OpenAI on ChatGPT. Users who agree to pay gain access to a more advanced language model.
3) Positive prospects for employees
The emergence of generative AI raises fears of massive job destruction. However, some experts prefer to see the glass half full. This is the case of CCS Insight analysts who explain:
By 2030, AI will enable 50% of a country's businesses to European to test the four-day work week. As work tools are enhanced by generative AI in an effort to boost productivity, businesses are using the technology more thoughtfully to empower many employees to use their time more efficiently. Widespread adoption of AI is leading one country's employers to advocate for a shorter work week.
In addition to this major social progress, experts believe that human programmers will always be necessary, even if the quality of the code created by AI is there.