🤔 How concerned should we be about AI?

Top Ai Books, Tools, More monAI more problems.

May 09, 2023

  • 🤔 How concerned should we be about AI?

  • 📚 Top 5 Ai Books

  • 🧰 AI Tools of the Week

  • 💪🏽 Miscellaneous and AI updates

🤔 How concerned should we be about AI

Artificial Intelligence (AI) is growing at an unprecedented pace, with newer and more advanced models emerging regularly. These AI models show great potential in various sectors including but not limited to text and image generation, coding, IoT collaboration, and speech recognition. However, they also present substantial challenges such as biases, hallucination, high training costs, carbon footprints, and potential misuse.

Investment in AI is booming with private companies and governments recognizing the significance of AI. For instance, PwC plans to invest $1 billion in expanding its AI capabilities, and Accenture and Salesforce are collaborating to offer AI tools for customer relationship management. Additionally, Data firm PitchBook found that venture capitalists invested $1.7 billion into generative AI startups in the first quarter of the year, with another $10.68 billion in deals announced but not yet disbursed during the quarter​. On another note, the U.S. Department of Defense requested $1.1 billion for nonclassified AI-specific research for the fiscal year 2023, up 26.4 percent from 2022 funding​​, venture capitalists are heavily investing in generative AI startups.

Despite the enthusiasm for AI's potential, it's imperative to consider its ethical implications and the influence of a small number of private sector entities on AI's development. Last week, Geoffrey Hinton known as the "Godfather of AI,", a doctor who has nurtured the technology at the heart of chatbots like ChatGPT., quit his position to freely be able to express his concerns about AI as he now worries it will cause serious harm.

Even Deepak Chopra has expressed concerns about AI surpassing human intelligence, leading to potential misuse like autonomous weapons deployment. However, he emphasizes that AI is not conscious and cannot replace human experience and awareness.

Similarly, Catherine Wood, founder of ARK Investment Management, believes that AI is transformative and will revolutionize various industries such as healthcare, transportation, and finance. She predicts that AI will enable autonomous vehicles, empower personalized healthcare, and aid in financial fraud prevention. However, she also acknowledges AI's limitations and risks, such as biases, ethical concerns, and potential job displacement. She therefore recommends the development of ethical AI frameworks.

Comparisons have been made by Warren Buffett and Albert Einstein between the rise of AI and the creation of nuclear weapons due to their destructive potential.

In conclusion, the rapid growth of AI is undeniable, and its potential benefits are vast. However, it's essential to address the associated risks and ethical implications. AI should serve as a tool to enhance human capabilities, not replace them. The development of ethical AI frameworks is critical to guide this technology's growth and mitigate its potential misuse. We must remain vigilant, ensuring that AI does not concentrate power in the hands of a few and that its development does not outstrip our ability to manage and regulate it responsibly.

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📚 Top 5 Ai Books

  • Weapons of Math Destructions - by Cathy O'Neil is a book about the societal impact of algorithms. It explores how big data algorithms are used in ways that can reinforce preexisting inequality.

  • Superintelligence - by Nick Bostrom argues that if machine brains surpass human brains in general intelligence, this new superintelligence could replace humans as the dominant lifeform on Earth.

  • Life 3.0 - Explores the societal implications of artificial intelligence (AI), its impact on the future of life on Earth and beyond, and strategies to maximize the chances of a positive outcome.

  • Human Compatibility - Delves into the risks and control problems posed by advanced AI, criticizes the standard model of AI development, and proposes a new approach focused on AI's deference to humans and understanding of human values.

  • The Age of AI: And Our Human Future - presents a roadmap to our present and future in the age of AI, exploring how it's transforming human society, our relationships with knowledge, politics, and the societies we live in.

🧰 AI Tools of the Day

Film.ai - The search engine for creative people.

Augment AI - Imagine ChatGPT, but it knows you and works across all your apps

Hacker News Recap - A podcast that recaps some of the top posts on Hacker News every day.

Bing - New AI-powered Microsoft Bing and Edge to reinvent the future of search with your copilot for the web

Personal.ai - AI that’s personally yours - Supercharge your memory and relationships with your own, personal AI messenger.

💪🏽 Miscellaneous and AI updates

  • OpenAI’s regulatory troubles are only just beginning (link)

  • Hear how Sensi.AI is building AI for remote patient monitoring (link)

  • Tex to 3D models (link)

  • ChatGPT is powered by these contractors making $15 an hour (link)

  • ‘Remarkable’ AI tool designs mRNA vaccines that are more potent and stable (link)

  • Generative AI Has an Intellectual Property Problem (link)

  • Is GPT-4 32K Rolling out? (link) - GPT-4 comes in two variants. One of them (GPT-4-8K) has a context length of 8,192 tokens, and the second one (GPT-4-32K) can process as much as 32,768 tokens, which is about 50 pages of text.

  • China syncs monkey brains with a computer in a 'world first' experiment. (link)

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