In the Hype Cycle of emerging technologies, all signs indicate that Generative AI sentiment may have peaked.This is not a condemnation of Generative AI; it is expected of any revolutionary technology.Given the changing mood, it is important to avoid disillusionment by focusing on the value drivers of long-term value: productivity.Companies that navigate the idea maze and develop products that meet customer needs will drive productivity in Generative AI.ModuleQ has been in the idea maze, focusing on investment banking and private wealth productivity, delivering AI that improves top-line revenue generation.Examples of The Hype Cycle of Emerging TechnologiesIn the late 1820s, breakthroughs in railroad technology began to fuel dreams of connectivity in the United States. While a network of new canals connected certain cities, they required extensive circumnavigation. The 1830s saw an explosion of railroad inventions, and by the 1860s, nearly 9,000 miles of track spanned the US, mostly east of the Mississippi. A severe financial crisis in 1873 upended further investment, leading to skepticism regarding the need for expanding the railroads further west. During this period of uncertainty, railroads found utility in transporting petrochemicals that would eventually electrify the nation and substantiate the need to further their reach.
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