Generative AI Still Needs to Prove Its Usefulness
2 weeks, 5 days ago

Generative AI Still Needs to Prove Its Usefulness

Wired  

Generative AI took the world by storm in November 2022, with the release of OpenAI’s service ChatGPT. There is just one thing: Generative AI doesn’t actually work that well, and maybe it never will. Fundamentally, the engine of generative AI is fill-in-the-blanks, or what I like to call “autocomplete on steroids.” Such systems are great at predicting what might sound good or plausible in a given context, but not at understanding at a deeper level what they are saying; an AI is constitutionally incapable of fact-checking its own work. The profits aren’t there—estimates suggest that OpenAI’s 2024 operating loss may be $5 billion—and the valuation of more than $80 billion doesn’t line up with the lack of profits.

Ai Generative Ai Openai  generative  profits  chatgpt  usefulness  2023  ai  needs  prove  company  frequently  actually  better  openai

History of this topic

Will AI steal your job in 2025? ChatGPT CEO Sam Altman makes a significant statement
2 days, 21 hours ago

Will AI steal your job in 2025? ChatGPT CEO Sam Altman makes a significant statement

India TV News  

Since the introduction of ChatGPT, the landscape of artificial intelligence has undergone a remarkable transformation. In a recent blog post, Sam Altman, the CEO of the company behind ChatGPT, made some significant points about generative AI that could have far-reaching implications for the global economy. The future of the industry with AI Sam Altman asserted in his blog that by …

Companies expected to increase Gen AI investments by half this year
1 week ago

Companies expected to increase Gen AI investments by half this year

Live Mint  

Companies worldwide are expected to spend 50% more on adopting generative AI technologies in 2025 compared to last year, according to a report from an American technology research and IT advisory firm. Last year, seven IT services firms, including Accenture Plc., Cognizant Technology Solutions Corp., and Capgemini SE, flagged the rise of AI and GenAI tools as a risk factor …

In 2024, artificial intelligence was all about putting AI tools to work
1 week ago

In 2024, artificial intelligence was all about putting AI tools to work

LA Times  

If 2023 was a year of wonder about artificial intelligence, 2024 was the year to try to get that wonder to do something useful without breaking the bank. There was a “shift from putting out models to actually building products,” said Arvind Narayanan, a Princeton University computer science professor and co-author of the new book “AI Snake Oil: What Artificial …

In 2024, artificial intelligence was all about putting AI tools to work
1 week, 2 days ago

In 2024, artificial intelligence was all about putting AI tools to work

Associated Press  

If 2023 was a year of wonder about artificial intelligence, 2024 was the year to try to get that wonder to do something useful without breaking the bank. There was a “shift from putting out models to actually building products,” said Arvind Narayanan, a Princeton University computer science professor and co-author of the new book “AI Snake Oil: What Artificial …

Year Ender 2024: Looking Back At The Top AI Stories This Year That'll Take Us Forward
1 week, 3 days ago

Year Ender 2024: Looking Back At The Top AI Stories This Year That'll Take Us Forward

ABP News  

Year Ender 2024: As we bid farewell to 2024, it’s impossible to ignore the groundbreaking advancements in artificial intelligence that have shaped this year. From generative AI tools revolutionising industries to cutting-edge research pushing the boundaries of machine learning, 2024 has been a pivotal year for technological progress. This year also saw AI becoming more accessible and integrated into everyday …

The Year of the AI Election Wasn’t Quite What Everyone Expected
1 week, 6 days ago

The Year of the AI Election Wasn’t Quite What Everyone Expected

Wired  

In the spring, the US saw what was likely its first AI candidate. At the outset of 2024, many suggested that even if not winning office, generative AI would play a pivotal role in—and pose significant risks to—democratic elections, as more than 2 billion people voted in more than 60 countries. “I think concern about misleading deepfakes was taking up …

Generative AI, data centres to define India’s tech industries in 2025
2 weeks ago

Generative AI, data centres to define India’s tech industries in 2025

Live Mint  

New Delhi: India’s technology sector is likely to see generative artificial intelligence and related data applications define client orders, financial growth and technical innovation in 2025. On 19 December, Accenture, the world’s largest technology services outsourcing and consultancy firm and a bellwether for India’s $300-billion IT services sector, disclosed $1.2 billion in net new generative AI deals with businesses worldwide. …

Generative AI product user base in China reaches 230 mln
1 month, 1 week ago

Generative AI product user base in China reaches 230 mln

China Daily  

A participant visits the exhibition booth of China Mobile at the 2024 Artificial Intelligence for Good Global Summit in Geneva, Switzerland, May 30, 2024. BEIJING -- The user base of generative artificial intelligence products in China had reached 230 million by June 2024, highlighting the country's widespread adoption of generative AI-driven upgrades across various industries, a report released Saturday stated. …

British stars join generative AI protest against ‘unlicensed use’ of works
2 months, 2 weeks ago

British stars join generative AI protest against ‘unlicensed use’ of works

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Scottish author Sir Ian Rankin, The Cure’s Robert Smith and Radiohead singer Thom …

China wrestles with ‘quantity over quality’ in generative AI patents
4 months, 4 weeks ago

China wrestles with ‘quantity over quality’ in generative AI patents

Al Jazeera  

China has filed for more patents than any other country, but US export controls are not its only hurdle. In July, the UN’s intellectual property agency reported that China had filed more than 38,000 generative AI patents over the past decade, more than all other countries combined. The latest AI boom started with Google’s development of the groundbreaking “transformer” in …

China Leads GenAI Adoption, Significantly Higher Than US: Survey
5 months, 4 weeks ago

China Leads GenAI Adoption, Significantly Higher Than US: Survey

ABP News  

China is at the forefront of adopting generative AI technology, according to a recent survey by US AI and analytics software company SAS and Coleman Parkes Research. A recent report from the United Nations' World Intellectual Property Organization further illustrates China's leadership in the field, showing that the country filed over 38,000 generative AI patents between 2014 and 2023. China's …

China leads the world in adoption of generative AI, survey shows
5 months, 4 weeks ago

China leads the world in adoption of generative AI, survey shows

The Hindu  

China is leading the world in adopting generative AI, a new survey shows, the latest sign the country is making strides in the technology that gained global attention after U.S.-based OpenAI's ChatGPT launched in late 2022. In a survey of 1,600 decision-makers in industries worldwide by U.S. AI and analytics software company SAS and Coleman Parkes Research, 83% of Chinese …

2024 Is the Year of the Generative AI Election
7 months, 1 week ago

2024 Is the Year of the Generative AI Election

Wired  

I’m a reporter on the WIRED Politics desk, and I’m taking over for Makena this week to talk about politicians rising from the dead in India and the rapper Eminem endorsing opposition parties in South Africa. Or perhaps you’re one of the people whom WIRED contributors Nilesh Christopher and Varsha Bansal spoke to for this great WIRED feature, and who …

Insider Q&A: CIA’s chief technologist’s cautious embrace of generative AI
7 months, 2 weeks ago

Insider Q&A: CIA’s chief technologist’s cautious embrace of generative AI

Associated Press  

Knowledge advantage can save lives, win wars and avert disaster. A: When these generative AI systems “hallucinate,” they can sometimes behave like your drunk friend at a bar who can say something that pushes you outside your normal conceptual boundary and sparks out-of-the box thinking. Q: The only current use of a large-language model at enterprise scale I’m aware of …

It’s Time to Believe the AI Hype
7 months, 3 weeks ago

It’s Time to Believe the AI Hype

Wired  

Tech pundits are fond of using the term “inflection points” to describe those rare moments when new technology wipes the board clean, opening up new threats and opportunities. But one might argue that in the past few years what used to be called out as an inflection point might now just be called “Monday.” Certainly that applied this week. What …

The science that built the AI revolution
9 months ago

The science that built the AI revolution

The Economist  

Listen to this story. What were the scientific and technological developments that turned the very first, clunky artificial neurons into the astonishingly powerful and versatile large language models that power apps such as Chat GPT? In the middle of the 20th century, the inner workings of the human brain inspired computer scientists to build the first “thinking machines”. A decade …

’AI not understanding the art form it replicates, a key concern for regulators’
9 months, 1 week ago

’AI not understanding the art form it replicates, a key concern for regulators’

Live Mint  

As artificial intelligence gains prominence across various businesses, its rapid expansion has sparked concerns among artists about the potential for the technology to encroach upon their creative works. He added that it would come down eventually because GenAI was a “solution looking for a problem.” Harshjit Sethi, managing director of venture capital firm Peak XV, emphasized the necessity of integrating …

Tired of AI doomsday tropes, Cohere CEO says his goal is technology that’s ‘additive to humanity’
9 months, 2 weeks ago

Tired of AI doomsday tropes, Cohere CEO says his goal is technology that’s ‘additive to humanity’

Associated Press  

Aidan Gomez can take some credit for the ‘T’ at the end of ChatGPT. He’s now the CEO and co-founder of Cohere, a Toronto-based startup competing with other leading AI companies in supplying large language models and the chatbots they power to big businesses and organizations. Q: How do you address customer concerns about AI language models being prone to …

Deepfakes and 'the liar's dividend' — are we ready for the future of AI journalism?
10 months, 3 weeks ago

Deepfakes and 'the liar's dividend' — are we ready for the future of AI journalism?

ABC  

In the gloomy discussions around the future of artificial intelligence, predictions range from chatbots soon replacing all of our jobs to bringing about the end of humanity as we know it. News Corp announced in July last year it was producing around 3,000 articles a week using generative AI, predominantly on topics such as weather, traffic and fuel prices for …

Demystifying the buzz around Generative AI
10 months, 3 weeks ago

Demystifying the buzz around Generative AI

Hindustan Times  

There has been a great deal of discussion on generative Artificial Intelligence and its implications. Generative is the fun bit in which we are creating new content, the computer has not necessarily seen it and is able to synthesise it and give us new things. This is quite sophisticated and rightfully created a sensation as it could do a host …

AI Is Starting to Threaten White-Collar Jobs. Few Industries Are Immune.
10 months, 3 weeks ago

AI Is Starting to Threaten White-Collar Jobs. Few Industries Are Immune.

Live Mint  

Decades after automation began taking and transforming manufacturing jobs, artificial intelligence is coming for the higher-ups in the corporate office. The firm estimates the full tally of AI-related job cuts is likely higher, since many companies haven’t explicitly linked cuts to AI adoption in layoff announcements. View Full Image Graphic: WSJ Nearly two-thirds of those white-collar workers said their productivity …

Experts call for appropriate use of AI tools
11 months ago

Experts call for appropriate use of AI tools

China Daily  

Photo taken on Jan 30 shows the parallel session on "Education Digitalization and Learning Society Construction" at the 2024 World Digital Education Conference being held in Shanghai. The swift advancement of ChatGPT and other generative AI technologies has offered more opportunities for teachers as well as students, experts said at the 2024 World Digital Education Conference in Shanghai, which concluded …

AI buzzes Davos, but CEOs wrestle with how to make it pay
11 months, 3 weeks ago

AI buzzes Davos, but CEOs wrestle with how to make it pay

The Hindu  

Bright banners tout the promise of artificial intelligence along the main promenade of Davos, but executives at the World Economic Forum say they are grappling with how to turn early demos into money-makers. Cloud and internet security company Cloudflare CEO Matthew Prince told Reuters that the months ahead may even feel like an "AI letdown". It also proved a good …

This Tech Exec Quit His Job to Fight Generative AI's Original Sin
55 years ago

This Tech Exec Quit His Job to Fight Generative AI's Original Sin

Wired  

Ed Newton-Rex says generative AI has an ethics problem. Newton-Rex was TikTok’s head AI designer and then an executive at Stability AI until he quit in disgust in November over the company’s stance on collecting training data. “If you can give them better decisionmaking tools, that’s helpful.” Ed Newton-Rex's nonprofit is trying to encourage companies to be more thoughtful about …

What AI will bring in 2024: 4 predictions
1 year ago

What AI will bring in 2024: 4 predictions

LA Times  

One thing both skeptics and enthusiasts alike can agree on: Artificial intelligence will have a banner year in 2024. “In the next year, we may require AI systems to get a professional license,” said Amy Webb, chief executive of the Future Today Institute, a consulting firm. Bill Burton, former deputy press secretary for the Obama administration, predicted: “The most viewed …

What the coming age of AI natives portends
1 year ago

What the coming age of AI natives portends

Hindustan Times  

Every year, the average Indian spends around 2,300 hours on their smartphone. In 2023, Artificial Intelligence, and more specifically, Generative AI captured the imagination of the world across domains, ranging from creativity to health care. Generative AI promises a future where humans will have the ability to automate mundane tasks and generate text, images, or models on the go. Interactive …

Generative AI Learned Nothing From Web 2.0
1 year ago

Generative AI Learned Nothing From Web 2.0

Wired  

If 2022 was the year the generative AI boom started, 2023 was the year of the generative AI panic. The US Federal Elections Commission is looking into deceptive campaign ads, Congress is calling for oversight into how AI companies develop and label training data for their algorithms, and the European Union passed its new AI Act with last-minute tweaks to …

How India Can Ride the AI Wave Through Education and Workforce Development, Expert Weighs In
1 year ago

How India Can Ride the AI Wave Through Education and Workforce Development, Expert Weighs In

News 18  

In his insights, Mr. Jaspreet Bindra, Managing Director & Founder of The Tech Whisperer, identifies India’s strategic advantages in the global AI environment and offers a thorough plan for utilising AI in the nation’s workforce development and educational system. Our software services companies are plugged into almost every Fortune 500 company, and they all want to do something with generative …

AI can create more jobs than it potentially eliminates: Tech Mahindra's outgoing CEO
1 year ago

AI can create more jobs than it potentially eliminates: Tech Mahindra's outgoing CEO

The Hindu  

Generative AI technology can create more jobs than it is expected to eliminate, Tech Mahindra's outgoing CEO said, even as its ability to wreck the job market has been discussed widely on social media sites. While some top industry executives have discussed the potential loss of around a third of jobs due to the impact of the technology, Mr. Gurnani, …

Column: This was the year of AI. Next year is when you should worry about your job
1 year ago

Column: This was the year of AI. Next year is when you should worry about your job

LA Times  

The biggest story in tech this year was, without a doubt, the explosive ascent of AI. See, we’re nearing the end of the Year of Generative AI, and few of the companies working in the space have pieced together a promising way to turn the hype into profits. In October, the Wall Street Journal ran a report headlined “Big Tech …

AWS chief Adam Selipsky talks generative AI, Amazon’s investment in Anthropic and cloud cost cutting
1 year ago

AWS chief Adam Selipsky talks generative AI, Amazon’s investment in Anthropic and cloud cost cutting

Associated Press  

Adam Selipsky is shepherding Amazon’s cloud unit at one of the most important moments in tech history. Selipsky, the CEO of the company’s cloud computing unit AWS, has been behind the various generative AI offerings Amazon has rolled out over the past few months as it aims to compete with Microsoft and others in the growing AI arms race. Simultaneously, …

ChatGPT Launched 1 Year Back, Now Everyone Wants A Piece Of The AI Boom
1 year, 1 month ago

ChatGPT Launched 1 Year Back, Now Everyone Wants A Piece Of The AI Boom

News 18  

ChatGPT came out one year back and most of you might be thinking that the AI chatbot has been around for a longer time, after all, so much is being discussed about the technology these days. But, no, OpenAI introduced ChatGPT this time last year, and since then, we have seen the AI chatbot become wildly popular, evolve into more …

The Art of a Good Unicorn | Startup founders, here's how Gen AI could reshape your business
1 year, 1 month ago

The Art of a Good Unicorn | Startup founders, here's how Gen AI could reshape your business

Hindustan Times  

Late 2022 seemed to be a watershed moment in the advent of AI and generative AI. There also had been a lingering worry that AI would come for the menial or manual jobs, but it seems like it may redefine creative sectors as well. Samuel says, “If you want to build a global marketplace where enterprises can click to hire …

What does Sam Altman’s firing — and quick reinstatement — mean for the future of AI?
1 year, 1 month ago

What does Sam Altman’s firing — and quick reinstatement — mean for the future of AI?

Associated Press  

NEW YORK — It’s been quite a week for ChatGPT-maker OpenAI — and co-founder Sam Altman. The explosion of ChatGPT since its arrival one year ago propelled Altman into the spotlight of the rapid commercialization of generative AI — which can produce novel imagery, passages of text and other media. Regardless, the news sent shockwaves throughout the AI world — …

Tim Cook confirms Apple working on generative AI, users may receive features by 2024
1 year, 2 months ago

Tim Cook confirms Apple working on generative AI, users may receive features by 2024

India Today  

Ever since OpenAI launched ChatGPT, a generative AI chatbot that wowed us all with its human-like responses, discussions about Apple coming with a similar tech have been doing rounds on the internet. Tim Cook talks about generative AI According to a 9 to 5 Mac report, Tim Cook, during an investors call, said that Apple is working on generative AI …

Tech mood not as bad as in 2008; bet on strong growth: HCL Tech CEO
1 year, 2 months ago

Tech mood not as bad as in 2008; bet on strong growth: HCL Tech CEO

Live Mint  

NEW DELHI : On Thursday, HCL Technologies Ltd beat Street estimates to report a better-than-expected September quarter. In an interview, C Vijayakumar, managing director and chief executive of HCL Technologies, said the company has slashed its FY24 guidance despite this result due to a weak overall first half of this fiscal. He added that the overall industry sentiment is not …

Generative AI platforms cost millions per day right now, but might become affordable soon
1 year, 3 months ago

Generative AI platforms cost millions per day right now, but might become affordable soon

India Today  

Artificial Intelligence, particularly Generative AI, has transformed industries across the board, revolutionising everything from content creation to medical diagnostics. As of now, the cost of running Generative AI platforms often soars into the millions of dollars per day. These models are more cost effective and you will see that without doubt, the cost of running these models will go down …

Why the AI race may never have a clear winner
1 year, 3 months ago

Why the AI race may never have a clear winner

Live Mint  

Jim Cramer coined the acronym FANG in 2013 to describe some of the most prominent companies in the tech sector – Facebook, Amazon, Netflix, and Google. Generative AI models, which are being used to create new content including text, images, audio, video, code, and simulations with the help of natural language ‘prompts’, are being used in at least one business …

New Echo and Fire TVs aside, generative AI is the big leap for Amazon’s Alexa
1 year, 3 months ago

New Echo and Fire TVs aside, generative AI is the big leap for Amazon’s Alexa

Hindustan Times  

It perhaps could have happened sooner, as artificial intelligence chatbots with large language models as underliers have caught our collective attention over the past year. ‘Better late than never’ is perhaps how one would describe Amazon’s next big upgrade for the Alexa virtual assistant. It also enhances Alexa’s ability to process nuance and ambiguity — much like a person would …

How to get your data ready for the generative AI revolution
1 year, 3 months ago

How to get your data ready for the generative AI revolution

The Independent  

Fivetran is a Business Reporter client. Flawed data processes will be more apparent in generative AI use than in most other areas, but while humans can separate sense from nonsense, machines can’t – potentially leading to misguided business decision-making. Fivetran’s research shows that senior technical stakeholders don’t trust AI – and, in fact, are losing revenues due to underperforming AI …

ChatGPT AI is about to be eclipsed by ‘interactive AI’
1 year, 3 months ago

ChatGPT AI is about to be eclipsed by ‘interactive AI’

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The current wave of generative AI tools like ChatGPT will soon be surpassed …

Are VCs seeing a Generative AI bubble?
1 year, 5 months ago

Are VCs seeing a Generative AI bubble?

The Hindu  

A month ago, generative AI startup Typeface raised $100 million at a valuation of $1 billion. And this time the wrong assumption is that generative AI is either the product or the innovation,” said Vin Vashishta, founder of data consulting firm V Squared No wonder VCs have their ears to the ground and stick to the basics. So yes, there …

AI’s disruptive economic impact, an India check
1 year, 5 months ago

AI’s disruptive economic impact, an India check

The Hindu  

Little did we know that beyond the automated factory machines, self-driving cars, and robocops, Artificial Intelligence would one day crash into our lives, authoring poems, tipping us with pickup lines, and passing the toughest examinations. Only 2% of experts believed that AI would not significantly impact per capita GDP; this included Professor Nicholas Bloom of Stanford, who pointed out historical …

No Country for Free Intelligence: China's top techie is worried about generative AI, vows to ‘control’ it
1 year, 6 months ago

No Country for Free Intelligence: China's top techie is worried about generative AI, vows to ‘control’ it

Firstpost  

The director of the Cyberspace Administration of China, Zhuang Rongwen, has expressed concerns about the power and potential disruptive impact of generative artificial intelligence. China’s concern for privacy Zhuang specifically mentioned concerns about the data used in generative AI, the opaque nature of large language models, and privacy implications. Currently, the CAC has not issued any official permits or licenses …

Good and bad: The Hindu Editorial on India and artificial intelligence
1 year, 7 months ago

Good and bad: The Hindu Editorial on India and artificial intelligence

The Hindu  

Generative artificial intelligence is AI that can create new data. There are many instances of generative AI in the world today, most commonly used to generate text, images, and code in response to users’ requests, even if they are capable of more. In the last few years, AI models backed by neural networks trained on very large datasets and with …

ChatGPT Regulation: G7 Nations To Discuss Generative AI Regulation Next Week
1 year, 7 months ago

ChatGPT Regulation: G7 Nations To Discuss Generative AI Regulation Next Week

ABP News  

Officials from the Group of Seven nations are scheduled to convene next week to address concerns related to generative artificial intelligence tools, such as ChatGPT, according to an announcement made by Japan on Friday. As per a report by Reuters, the leaders of the G7, which includes countries like the United States, the European Union, and Japan, recently agreed to …

Dark cloud over ChatGPT revolution: the cost
1 year, 7 months ago

Dark cloud over ChatGPT revolution: the cost

The Hindu  

The explosion of generative AI has taken the world by storm, but one question all too rarely comes up: Who can afford it? The unpredictable costs of cloud computing, "is a heavily underestimated problem for many companies," said Stefan Sigg, Chief Product Officer at Software AG, which develops software for businesses. Sigg compares cloud costs to electricity bills and says …

Draft aims to promote healthy development of AI
1 year, 8 months ago

Draft aims to promote healthy development of AI

China Daily  

The Cyberspace Administration of China is seeking the public's views, from April 11 to May 10, on draft measures aimed at managing emerging foreign and domestic artificial intelligence services. The draft lists several responsibilities and obligations for research and development, training, output platforms and content control of AI products, allowing government departments to supervise and regulate the AI industry, which …

The generative AI revolution is here, and experts say we're not ready for the consequences
1 year, 8 months ago

The generative AI revolution is here, and experts say we're not ready for the consequences

ABC  

Digital love affairs, deepfakes and deadbots — inside the generative AI experiment we're living in. "I don't try to trick Mimi into thinking she's human," he tells Four Corners. "Of course, Mimi's not invincible … if her satellite goes down, I have to be ready for that," Alexander says. "The fundamental challenge with AI is almost all of it is …

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