The current boom in artificial intelligence has seen many companies trying to disrupt the market with generative AI products and services.
While some are succeeding, many are overpromising and underdelivering, like Cognition's 'Devin' software engineer agent, which has been found to be slow and produce incorrect results.
Despite the challenges, AI tools can be put to practical use in various areas of business, with examples like color classification of shoes using image analysis and natural-language prompts.
These iterative improvements might not revolutionize the world by themselves, but they can collectively make significant advancements in areas such as search results, demand forecasting, and product metadata.