The current adoption pace of artificial intelligence (AI), like a speeding bullet train, sets itself apart from any earlier technology advancements such as mobile, social media, and cloud computing. Venture capitalist Mary Meeker released an extensive report noting the remarkable speed at which AI is evolving and integrating, frequently using the term “unprecedented” throughout her 340-page analysis. As the founder and general partner of Bond, Meeker, who was once dubbed the “Queen of the Internet” for her Internet Trends reports, indicates that AI adoption is progressing at an unmatched pace, exemplified by ChatGPT’s rapid acquisition of 800 million users in only 17 months. Furthermore, while the training costs for AI models can reach up to $1 billion, the costs for using this technology have decreased by 99% over two years, as highlighted by research from Stanford.
Moreover, Meeker points out the competitive environment where competitors quickly imitate features at lower costs and advancements in energy efficiency, particularly with Nvidia’s latest GPU. Major technology corporations like Google and Amazon are mass-producing essential AI chips, contributing to rapid advancements in this domain. Nevertheless, although there are significant technologies emerging, the financial gains from AI have yet to approach those of earlier innovations. While venture capitalists are actively investing in AI businesses, these companies are incurring hefty expenses for necessary infrastructure, creating uncertainty about the future profitability of these new AI ventures. As Meeker explained, it remains unclear which firms will rise as the enduring profitable leaders in this evolving technology landscape. So, for many reasons, including financial, security, and workforce issues, it remains to be seen if the speeding AI bullet train can stay on the tracks and avoid a global disaster.
The ainewsarticles.com article you just read is a brief synopsis; the original article can be found here: Read the Full Article…
