The year 2023 was a year when generative AI such as ChatGPT entered into the collective consciousness of people all over the world. It was a ‘hype cycle’. The year 2024 will be the year for commercialization of generative AI. All across industries, there would be licensing of generative AI. Organizations plan to purchase generative AI software such as Microsoft Co-pilot. It will bring artificial intelligence more directly into the lives of the workers and custtomers.

Technology officers have shown deep interest to buy enterprise-level generative AI software such as Microsoft Copilot –almost half of them would buy generative AI software in the next six months. There are still many who has not yet made a spending decision. Very few are left behind who are not interested in this technology.