Start thinking big about AI, can it help build a new civilization?
AI will be far more disruptive than making fintech and banking better.
👉TAKEAWAYS: This is really a list of things to ponder to help you think big about AI….
🔹 GenAI models consistently match or outperform median human capabilities across an expanding array of tasks and will be increasingly coupled with various other systems.
🔹 All types of corporate intelligence in all industries will be impacted substantively, yet most companies appear unready to face the changes.
🔹 Compute providers emerge as the primary beneficiaries of the GenAI revolution, although, perhaps surprisingly, open source still plays a pivotal role in AI model development. (Why NVIDIA stock is going through the roof.)
🔹 Immediate challenges arise from AI’s inherent limitations and unparalleled capabilities. (Hallucinations and wrong answers.)
🔹 While GenAI’s quality and scalability, and its potential evolution to artificial general intelligence (AGI), are the most critical uncertainties, regulation emerges as a more immediate concern. (Regulations are healthy except when they ensure big tech’s monopoly.)
🔹 The emergence of AGI would lead to radical change in our civilization, and growing consensus suggests it will happen sooner than anticipated.
🔹 Setting aside the debate over AGI, GenAI and LLMs are central to a sweeping transformation; GenAI may lead to a new “civilization of cognitive labor.”
I think we spend too much time worrying about the use of AI in finance and fintech!
Don’t get me wrong, I love fintech, but we might be constraining our shared vision of AI's disruptive potential.
Today's article asks a far bigger question: Can we make a new civilization of cognitive labor?
Big enough for you?
To make the scale of disruption even clearer, look at the headlines of two articles that caught my eye today and got me thinking.
First, the announcement that China will mass-produce humanoid robots within 2 years. (here)
Second, a shocker about algorithms deciding who gets organ transplants in the UK. If that isn’t scary enough, the algorithm was flawed and government agencies wouldn’t address the issue. (here)
If these two news stories are combined with this report, robots will soon be making life-and-death decisions, just like in science fiction movies. Is this a dystopia or merely a practical solution?
I’m excited by our AI future, but I’m not sure I will enjoy my role as a dog to a robot!