After a year of breathless hype, AI will face reality in 2024

Artificial intelligence went mainstream in 2023. The watershed moment arrived at the end of the previous year, with the November 30 release of ChatGPT. Just two months later, the OpenAI system was reaching an estimated 100 million active users. According to analysts at investment bank UBS, the headline-grabbing chatbot had become the fastest-growing consumer app of all time. Over the remaining course of 2023, the hype train went into overdrive. Suddenly, AI seemed to be everywhere. It was transforming our lives. It was taking our jobs. It was even threatening to cause an apocalypse.  In reality, however, the breakthroughs have largely…

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