About one-third of American professionals worry that artificial intelligence will make some jobs obsolete, and nearly half fear they could be “left behind” in their careers if they don’t keep up, according to a recent Washington State University survey.
… The survey of 1,200 U.S. professionals found that 48% are concerned they could be left behind in their careers if they don’t have chances to learn more about workplace uses of AI. – Read More
Tag Archives: Strategy
Why the AI Boom is a Windfall for Tiny Anguilla
The Caribbean island is reaping millions from .ai website registrations.
The rising popularity of artificial intelligence has impacted the entire world, including the tiny island of Anguilla. Located in the Caribbean, the country, home to about 15,000 people, has a unique and suddenly in-demand resource.
In the late 1980s, the Internet Assigned Numbers Authority (IANA) assigned countries and regions of geographic interest their own two-letter domains. Anguilla received .ai, a luck of the draw that is now paying dividends as the country registers website domains for AI companies. – Read More
Hire from these 9 AI-vy League companies, not Ivy League schools
A Harvard diploma, a PhD, or stint at Google are no longer the best signifiers of the top minds in artificial intelligence. Instead, hirers should look for engineers and researchers with applied AI experience at a group of nine startups that our data shows have the highest concentration of AI talent.
The past seven years have seen a de-credentialization of the AI hiring space as demand for engineering talent in the field explodes. The percentage of AI hires that come from top schools or have PhDs has dropped significantly from a peak in 2015, according to data from SignalFire’s own Beacon AI data platform. – Read More
OpenAI launches new generation of embedding models and other API updates
OpenAI, the artificial intelligence research company, announced on Thursday a new generation of embedding models, which can convert text into a numerical form that can be used for various machine learning tasks. The company also introduced new versions of its GPT-4 Turbo and moderation models, new API usage management tools, and lower pricing on its GPT-3.5 Turbo model. – Read More
Beyond AI Exposure:Which Tasks are Cost-Effective to Automate withComputer Vision?
The faster AI automation spreads through the economy, the more profound its potential impacts, both positive (improved productivity) and negative (worker displacement). The previous literature on “AI Exposure” cannot predict this pace of automation since it attempts to measure an overall potential for AI to affect an area, not the technical feasibility and economic attractiveness of building such systems. In this article, we present a new type of AI task automation model that is end-to-end, estimating: the level of technical performance needed to do a task, the characteristics of an AI system capable of that performance, and the economic choice of whether to build and deploy such a system. The result is a first estimate of which tasks are technically feasible and economically attractive to automate – and which are not. We focus on computer vision, where cost modeling is more developed. We find that at today’s costs U.S. businesses would choose not to automate most vision tasks that have “AI Exposure,” and that only 23% of worker wages being paid for vision tasks would be attractive to automate. This slower roll-out of AI can be accelerated if costs falls rapidly or if it is deployed via AI-as-a-service platforms that have greater scale than individual firms, both of which we quantify. >Overall, our findings suggest that AI job displacement will be substantial, but also gradual – and therefore there is room for policy and retraining to mitigate unemployment impacts. – Read More
#strategyGet Ready for the Great AI Disappointment
Rose-tinted predictions for artificial intelligence’s grand achievements will be swept aside by underwhelming performance and dangerous results.
In the decades to come, 2023 may be remembered as the year of generative AI hype, where ChatGPT became arguably the fastest-spreading new technology in human history and expectations of AI-powered riches became commonplace. The year 2024 will be the time for recalibrating expectations.
Of course, generative AI is an impressive technology, and it provides tremendous opportunities for improving productivity in a number of tasks. But because the hype has gone so far ahead of reality, the setbacks of the technology in 2024 will be more memorable. – Read More
OpenAI’s custom GPT Store is now open for business
OpenAI’s GPT Store, where users can share their custom chatbots, finally launched Wednesday after a monthslong delay. The store brings more potential use cases to ChatGPT and expands OpenAI’s ecosystem beyond what the company builds for customers. – Read More
You don’t need hosted LLMs, do you?
A comparison of self-hosted LLMs and OpenAI: cost, text generation quality, development speed, and privacy.
During the LLM hype, you can find a lot of articles like “Fine-tune your Private LLaMA/Falcon/Another Popular LLM”, “Train Your Own Private ChatGPT”, “How to Create a Local LLM” and others.
At the same time, only few people tell why you need it. I mean, are you really sure you need your own self-hosted LLM? Maybe the OpenAI API could be the best choice for you. – Read More
Answer AI: A new old kind of R&D lab
Answer.AI is a new kind of AI R&D lab which creates practical end-user products based on foundational research breakthroughs.
Jeremy Howard (founding CEO, previously co-founder of Kaggle and fast.ai) and Eric Ries (founding director, previously creator of Lean Startup and the Long-Term Stock Exchange) today launched Answer.AI, a new kind of AI R&D lab which creates practical end-user products based on foundational research breakthroughs. The creation of Answer.AI is supported by an investment of USD10m from Decibel VC. Answer.AI will be a fully-remote team of deep-tech generalists—the world’s very best, regardless of where they live, what school they went to, or any other meaningless surface feature. – Read More
Meta-IBM alliance promotes ‘open’ approach to AI development
The 50-member AI Alliance aims to push for responsible AI. Notably, Google, Microsoft, and OpenAI are not involved.
Artificial intelligence is one of the technologies that’s seen the most growth this year, but as a certain famous arachnid knows, with great power comes great responsibility. As AI continues to grow, different sectors, organizations, and companies are calling for stronger regulations and transparency regarding the development and use of AI. Meta and IBM are now allied in this cause. — Read More