Has AI adoption plateaued, or is it just catching its breath?
It has been a wild year in every quarter, and AI development is no exception. On the whole, the year has been mixed for AI, as there have been both notable advances and new revelations about abusive applications of the technology. And the market for AI technologies appears to have plateaued, with a recent global survey finding no increase in AI adoption in the enterprise. This helps to explain why Element AI, a once high-flying startup that built AI applications for enterprises who otherwise lacked the requisite skills, was ultimately not able to survive on its own.
