More than 80 per cent of enterprises will have used generative artificial intelligence-powered application programming interfaces (APIs) or models by 2026, according to Gartner’s 2023 Hype Cycle for Generative AI report.
“Generative AI has become a top priority for the C-suite and has sparked tremendous innovation in new tools beyond foundation models,” said Arun Chandrasekaran, distinguished vice president analyst at Gartner. “Demand is increasing for generative AI in many industries, such as healthcare, life sciences, legal, financial services and the public sector.”
The 2023 Gartner Hype Cycle for Generative AI identified three innovations that will have a large impact on organisations within the next 10 years, including generative AI-enabled applications, foundation models and AI trust, risk and security management.
Gartner research into the adoption of generative AI between 2023 and 2033 (image credit: Gartner)
According to Gartner, generative AI-enabled applications provide an enhanced user experience and task augmentation for employees to improve productivity in the workplace. Meanwhile, foundation models use AI to assist with pre-training data sets and wider use-case applicability.
“Foundation models will advance digital transformation within the enterprise by improving workforce productivity, automating and enhancing customer experience and enabling cost-effective creation of new products and services,” said Chandrasekaran.
In addition, Gartner predicts that by 2027, foundation models will underpin 60 per cent of natural language processing use cases, a large increase from fewer than five per cent in 2021.
Furthermore, AI trust, risk and security management, a framework that delivers responsible AI, is expected to reach mainstream adoption within two to five years.
Gartner said: “By 2026, organisations that operationalise AI transparency, trust and security will see their AI models achieve a 50 per cent improvement in terms of adoption, business goals and user acceptance.”