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Get ready for the future! According to Pitchbook, the market for generative AI in the enterprise will grow at a 32% CAGR to reach $98.1 billion by 2026.
As a tech entrepreneur with over 25 years of experience, I’ve seen the pace of change in this space accelerate rapidly. In fact, I used to say I was operating in dog years, given that I would see about seven years’ worth of transformation in a single year.
But with the launch of ChatGPT and the explosion of generative AI, the pace of innovation has reached new heights. Major tech players like Microsoft, Google, and Salesforce are constantly releasing competing announcements of how they are integrating the tech into their platforms.
Since then, I’ve seen so much advancement, demand, and promise in generative AI, specifically on the interactive chat side, that I’ve started to measure the pace in hamster years, which is five times faster than dog years.
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