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‘Revolution’ or ‘Delusion’? Despite AI Hype, Adoption Remains Slow

AI adoption is slow despite the hype, as most music creators aren't using it and even fewer are using it as a creative solution.

In March of 2023, as artificial intelligence barnstormed through the headlines, Goldman Sachs published a report on “the enormous economic potential of generative AI.” The writers explored the possibility of a “productivity boom,” comparable to those that followed seismic technological shifts like the mass adoption of personal computers. scholar, published a paper in May arguing that AI would lead to “much more modest productivity effects than most commentators and economists have claimed.” David Cahn, a partner at Sequoia Capital, warned in June that “we need to make sure not to believe in the delusion that has now spread from Silicon Valley to the rest of the country, and indeed the world. “I’m worried that we’re getting this hype cycle going by measuring aspiration and calling it adoption,” says Kristina McElheran, an assistant professor of strategic management at the University of Toronto who recently published a paper examining businesses’ attempts to implement AI technology.

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