Understand Where AI is Going and How it is Already Changing Society
This definitive AI report is a "MUST READ"
The AI index report is a “must read” as it shows just how fast our AI revolution is moving and how much of an impact it is already having on society.
This report is a masterpeace and provides a beautiful graphical summary of AI research and I guarantee it will be as insightful for you as it was for me!
👊HOW TO READ👊
DO NOT BE AFRAID!
This is a massive 500-page tome, but the authors did a great job of organizing it, and it is graphical!
👉Start on pages 14 through 26 which contain summaries of each chapter called “Report Highlights.”
Read these “Report Highlights;” these alone will make you far smarter about AI!
When you find something of interest, go to that chapter and click on the table of contents to take you the rest of the way.
My personal favorite? Chapter 4.5 on Robot Installations….China vs US. Ready for a surprise?
👉TAKEAWAYS
1. AI beats humans on some tasks, but not on all.
AI has surpassed human performance on several benchmarks, including some in image classification, visual reasoning, and English understanding. Yet it trails behind on more complex tasks like competition-level mathematics, visual commonsense reasoning and planning.
2. Industry continues to dominate frontier AI research.
In 2023, industry produced 51 notable machine learning models, while academia contributed only 15.
3. Frontier models get way more expensive.
OpenAI’s GPT-4 used an estimated $78 million worth of compute to train, while Google’s Gemini Ultra cost $191 million for compute.
4. The United States leads China, the EU, and the U.K. as the leading source of top AI models.
In 2023, 61 notable AI models originated from U.S.-based institutions, far outpacing the European Union’s 21 and China’s 15.
5. Robust and standardized evaluations for LLM responsibility are seriously lacking.
New research from the AI Index reveals a significant lack of standardization in responsible AI reporting.
6. Generative AI investment skyrockets.
Despite a decline in overall AI private investment last year, funding for generative AI surged, nearly octupling from 2022 to reach $25.2 billion.
7. The data is in: AI makes workers more productive and leads to higher quality work.
Studies show AI enables workers to complete tasks more quickly and to improve the quality of their output. Still, other studies caution that using AI without proper oversight can lead to diminished performance.
8. Scientific progress accelerates even further, thanks to AI.
In 2022, AI began to advance scientific discovery.
9. The number of AI regulations in the United States sharply increases.
In 2023, there were 25 AI-related regulations, up from just one in 2016. Last year alone, the total number of AI-related regulations grew by 56.3%.
10. People across the globe are more cognizant of AI’s potential impact—and more nervous.
A survey from Ipsos shows that, over the last year, the proportion of those who think AI will dramatically affect their lives in the next three to five years has increased from 60% to 66%. Moreover, 52% express nervousness toward AI products and services, marking a 13 percentage point rise from 2022.
11. The public is pessimistic about AI’s economic impact.
In an Ipsos survey, only 37% of respondents feel AI will improve their job. Only 34% anticipate AI will boost the economy, and 32% believe it will enhance the job market.
I hope you enjoy the report!
Thoughts?
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Even the best known AIs have serious problems.
Try the following: "Create an alphabetical list of all nouns that start with proto-!"
Check the list! Is it complete? Are only nouns in it? Is it alphabetical?
I tried Gemini, Perplexity and ChatGPT. They all failed miserably on a task that should be most easy for them.
Or, ask them on the Sixth Assessment Report of the IPCC, the original version which is hundreds of pages long. they can't even tell how long it is, because they have been forbidden to read it.