Every once in a while, a phenomenon so singular and disruptive occurs, upending decades of established trends and patterns. It doesn’t just question the norm but subverts it completely. Today, we’re witnessing such a remarkable shift with the emergence of Generative AI. Welcome to the era of Reverse Hype Lag.
Our tech chronicles have traditionally followed a rather predictable narrative. The emergence of cloud computing, Internet of Things (IoT), and Robotic Process Automation (RPA), to name a few, all followed a similar plotline. The hype, at times bloated and at times deserved, preluded the actual widespread adoption, maturation, and assimilation. More often than not, the transformative promise of these technologies took its time to actualize, sometimes even failing to meet the hyped expectations.
This pattern is as familiar to us as a well-trodden path. The anticipatory sizzle often outdoes the steak. But the AI renaissance, particularly with the advancements in Language Learning Models (LLMs) and tools like ChatGPT, is rewriting this tale.
Suddenly, we find ourselves grappling with a startling inverse dynamic. The technological marvels of Generative AI are not just living up to the hype – they’re outpacing it. This “Reverse Hype Lag”, a term I’ve coined, reflects the surprising scenario where the real-world applications, tangible impact, and Return On Investment (ROI) of AI are racing ahead of the awareness and understanding of the vast majority in the marketplace.
The transition to the cloud, the IoT explosion, the RPA boom – each of these seismic tech shifts had its fair share of naysayers and doubters, largely because the technology had to play catch up with its own hype. But the AI wave is different. Here, the true lag is not in functionality or commercialization, but rather in human comprehension and assimilation. The world is yet to fully catch up with the extraordinary pace of AI’s real-life applications, leaving 95% of the marketplace struggling to grasp the ground-breaking advancements.
Every day, I see cutting-edge use cases of Generative AI that are ahead of the curve, delivering tangible ROI and genuine impact, all in their relative infancy. These applications are not decades into maturity but mere months old, and already they are redefining the boundaries of what is technologically possible.
Yet, despite the magnitude of these achievements, awareness is lagging. The very people who could most benefit from these innovations are often the last to comprehend their full potential. This stark disparity between the rapid advancement and slow assimilation of AI presents an urgent call for accelerated learning.
So, how do we bridge this chasm of Reverse Hype Lag? What does it take for the world to catch up with the breathtaking pace of AI? We need to ensure that knowledge dissemination keeps pace with technological advancement. We must expedite learning, ramp up our educational efforts, and focus on demystifying this complex technology.
The AI revolution is here, and it’s racing ahead. Whether we trail behind or ride the wave is entirely up to us. And while doing so, let’s rethink our understanding of ‘lag’. It’s not just about technology catching up with its hype. Sometimes, as is the case with AI today, it’s about us catching up with technology.