The business world has seen this movie. In 2017, it was called blockchain, and the technology was on the verge of changing everything, appearing in everything from military intelligence to iced tea makers. Today it is artificial intelligence. 2023 will see a huge boom in AI applications and hacking. Many say it will revolutionize the world or even destroy it.
But even as AI hype is credited with fueling the S&P 500’s rebound, OpenAI COO Brad Lightcap is happy to have burst the bubble.
Lightcap’s view, shared in a recent interview with CNBC, is that the impact of AI on business may be overestimated. This is especially true when it comes to increasing profitability.
“The overhyped aspect is that it can bring real business change all at once,” he told a business news broadcaster, noting that CEOs can’t ask AI to “get back to 15% year-over-year revenue growth or reduce costs every year.” . This cost line cost us X million dollars.”
“There is rarely a one-size-fits-all answer,” Lightcap added. “There is nothing that AI can do to completely solve this problem.”
His more conservative views are becoming increasingly common among AI industry leaders.
Yann LeCun, Meta’s chief AI scientist, shared his understated view of the capabilities of AI at an event celebrating the 10th anniversary of Meta’s Fundamental AI Research team. He likened today’s AI to “cat-level” or “dog-level” intelligence.
“Even if you train the system on 20,000 years worth of reading material, it still doesn’t understand that if A is the same as B, then B is also the same as A,” LeCun said. decryption.
Regulators are also cautious about AI’s potential and are trying to adjust their expectations. like decryption As previously reported, Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero emphasized the need for balanced AI regulation in financial markets.
“Overreliance on a few AI models can lead to herd behavior,” Romero said, emphasizing the importance of understanding and monitoring AI in regulated services.
In fact, some experts believe AI could add trillions of dollars to the economy, while others believe it could lead to the destruction of humanity as we know it.
Lightcap’s stance appears to be more moderate than that of OpenAI CEO Sam Altman, who has taken on a large role to influence how AI is regulated.
The path to the elusive artificial general intelligence (AGI) threshold in AI is closer to gradual, informed progress rather than sweeping business transformation, he said. In the meantime, enthusiasts should ensure that ChatGPT is a companion that enhances real work and creativity, not a replacement for it.
“I don’t know if it’s the biggest surprise in itself, but one of the coolest things we’ve seen is that ChatGPT acts almost like an assistant in that respect,” he said. “I’m almost at the level of a research assistant.”
Edited by Ryan Ozawa.
