Dissecting the AI Hype Cycle—with Joshua Greenbaum (Enterprise Applications Consulting)

What if AI is just the latest Blockchain?

In this episode of Futureproof, Prakash Chandran sits down with Joshua Greenbaum of Enterprise Applications Consulting to explore the AI hype cycle. Josh reflects on his 30 years of technology consulting and examines whether AI is following the same trajectory as other technologies, where true value can get lost in the froth and frenzy of investors and founders trying to capitalize on it. Together, they explore the reality of whether SaaS really is dead, the criticality of standardizing data in the AI era, and the central question that all AI companies should be able to answer. 

Topics covered include:

• Technology history repeats itself. While technology itself changes constantly, the way it is received in the market doesn’t. From dotcom to Blockchain, the hype cycle has a pattern.
• The hard parts of SaaS. SaaS is certainly changing, but reports of its death have been greatly exaggerated. AI that can build prototypes is far from replacing companies like Salesforce, which have learned from years of on-the-ground work with real customers and real problems.
• The importance of data standardization. The value of AI will come down to how well it can access the information it needs. Standardization of data and logic is critical to this outcome, and one that companies have to get right before they can succeed with AI.
• The lone wolf developer. Developers aren’t going away, but developers that work in a vacuum may be. Building is a team sport even more than it was before, and the developers who can see and understand business problems are the ones that will build the future.
• The real question all AI companies need to ask. No business leader is waking up in the middle of the night thinking, “I need a large language model!” All companies, and AI companies in particular, must remain laser-focused on the actually important question: “What business problem am I solving?”

Episode ID: 18906617-dissecting-the-ai-hype-cycle-with-joshua-greenbaum-enterprise-applications-consulting

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