The buzzy generative artificial intelligence space is due something of a reality check next year, an analyst firm predicted Tuesday, pointing to fading hype around the technology, the rising costs needed to run it, and growing calls for regulation as signs that the technology faces an impending slowdown.

In its annual roundup of top predictions for the future of the technology industry in 2024 and beyond, CCS Insight made several predictions about what lies ahead for AI, a technology that has led to countless headlines surrounding both its promise and pitfalls. — Read More