Industry executives and experts share their predictions for 2024. Read them in this 16th annual VMblog.com series exclusive.
Two Under-the-Hood Predictions Around GenAI in 2024
By Lalit Ahuja, Chief Product and Customer Officer, GridGain
While 2023 will be remembered as the year of generative AI
(GenAI), we have barely begun to experience its impact on businesses and
society. For GenAI to truly transform how we work and live, it must first be
securely operationalized, and to do that, enterprises must understand that
GenAI produces more relevant outputs and works better with more context. That
is, it depends entirely on massive amounts of data, often including proprietary
data that is specific to the user. And every piece of information we give to
the GenAI models allows it to learn more about us. As such, the success or
failure of every business's GenAI initiatives will depend on the willingness of
the business to share its relevant data and find a way to do it in a controlled
and secure fashion.
As a result, predictions around the evolution of GenAI will
invariably be tied to the evolution of governance frameworks around data
management, the exact use of the GenAI models, and the associated security.
With that in mind, I offer two predictions related to key enterprise
developments in 2024.
Securing GenAI
Every CXO today must be thinking about how, and how much, to
leverage GenAI in operating their business and how the technology can create
differentiated value for customers. However, if that "X" is working in a legal
or InfoSec role, then they will spend 2024 scrambling to find the right balance
between allowing the growth of GenAI and limiting its risks by instituting
critical frameworks and safeguards.
This means that the massive adoption of freely available
LLMs and the use of ChatGPT will quickly give way to enterprises enforcing
their own constraints on usage. First, a business must be able to ensure only
the right people in the right roles have access to the information going in or
out of the models. Further, as models consume all the information fed to them
in the form of questions or content for further refinement or analysis, they
are learning more and more about the user, consumer or business providing the
information.
Enterprises must understand the strategic, legal and
security impact of who has access to that model. As a result, they will start
preventing unfettered use of the technology - or prohibiting it altogether - to
protect corporate IP, customers and employees. In early 2024, I expect to see a
rapid rise in actions such as blocking domain names like openai.com and
implementing other such controls.
Modern Data Architectures
As noted above, data scale, speed and security are
foundational to the success of GenAI initiatives. Ensuring these capabilities
will require a modern data architecture that recognizes the multi-dimensional
nature of today's data processing needs. This will lead to two key developments
in 2024.
First, data integration hubs (DIHs) and DIH technology
providers will try to expand to cover a bigger chunk of the data value chain by
providing additional capabilities. Today's DIHs are a great foundation for a
modern data architecture, but they lack key capabilities, such as
analytical/AI/ML processing and persistence. They must also solve the challenge
of latency as data is moved in and out of the hub. To do this, DIHs will
necessarily gravitate towards becoming "unified" data processing platforms, as
defined by Gartner.
Second, to build a modern data architecture, there will need
to be a level of consolidation at both the logical and physical architecture
levels. This means it won't just be a consolidation of technology components.
There must also be a consolidation at the underlying application and service
provider levels. This will also lead to increased M&A and consolidation
activities at the data solutions and solution provider levels. Expect this
activity to ramp up throughout 2024.
Conclusion
We are clearly at a societal inflection point around the
application of GenAI, which makes it fun and exciting to make bold predictions
about how GenAI will change everything. But for any of that to happen,
enterprises must first do the hard work of operationalizing it - without
sacrificing security, privacy or compliance. It won't always be easy, and it
probably won't happen fast, but it's the necessary groundwork for success.
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ABOUT THE AUTHOR
Lalit Ahuja is the Chief Product and Customer Officer for
GridGain, a provider of a leading unified real-time data platform, where he is
responsible for ensuring customers gain the most value from their GridGain
investments.