Most generative AI and custom model projects will be a bust: Gartner

Gartner predicts that at least half of generative AI projects will exceed budgets due to poor architectural choices and lack of expertise, with most custom model efforts abandoned due to costs and complexity. The firm's Hype Cycle for Generative AI highlights that domain-specific models may offer better results but remain immature, while applications like coding assistants show higher maturity despite IP and accuracy concerns.