What are the key takeaways from Stanford’s 386-page report on the state of AI, and how can they help us navigate the ever-evolving world of artificial intelligence?
According to this TechCrunch article:
In recognition of the profound impact that artificial intelligence is having on virtually every aspect of our lives, Stanford has conducted an in-depth review of the current state of play. Their report provides a comprehensive snapshot of the ways in which AI is shaping our world, and offers valuable insights into the challenges and opportunities that lie ahead.
Key high-level takeaways:
- AI development has flipped over the last decade from academia-led to industry-led, by a large margin, and this shows no sign of changing.
- It’s becoming difficult to test models on traditional benchmarks and a new paradigm may be needed here.
- The energy footprint of AI training and use is becoming considerable, but we have yet to see how it may add efficiencies elsewhere.
- The number of “AI incidents and controversies” has increased by a factor of 26 since 2012, which actually seems a bit low.
- AI-related skills and job postings are increasing, but not as fast as you’d think.
- Policymakers, however, are falling over themselves trying to write a definitive AI bill, a fool’s errand if there ever was one.
- Investment has temporarily stalled, but that’s after an astronomic increase over the last decade.
- More than 70% of Chinese, Saudi, and Indian respondents felt AI had more benefits than drawbacks. Americans? 35%.
❓ We’d love to know how AI is impacting your organisation or career. Let us know in the comments on our Linkedin post