5 things you need to know about AI this month

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WEF’s this monthly round-up brings you some of the key AI stories from the past four weeks.

Copyright: weforum.org – “5 things you need to know about AI this month”


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Top stories: Language processing AI becomes viral hit by pushing boundaries of creativity; Business adoption of artificial intelligence doubles in five years; European watchdog raises bias concerns over AI used to detect and predict crime.

1. Here’s the news according to an AI tool

Recent developments in artificial intelligence include the creation of a powerful new natural language processing tool called ChatGPT, developed by OpenAI. The tool uses deep learning to understand and respond to natural language inputs, making it a valuable tool for businesses and organizations looking to improve their operations and productivity.

So far, so good but now it’s time for some human intervention, because everything you read above was written by a machine. The ChatGPT AI programme from San Francisco-based Open AI was responding to my prompt asking it to: “Write a news summary that reports the latest developments in artificial intelligence.”

ChatGPT’s report went on to reference other recent launches of open-access creative AI platforms, spitting out the following paragraph in a matter of seconds:

In other AI news, researchers at the University of California, Berkeley have developed a new machine learning algorithm called DALL-E that is capable of generating original images from text descriptions. The algorithm has been used to create a range of images, from photorealistic to highly stylized, demonstrating its potential for applications in a variety of fields.

The ChatGPT platform is still in trial mode and the company is open about its limitations. For example, the reference to the University of California, Berkeley in the above paragraph appears to be inaccurate, and the launch of DALL-E is somewhat dated in a news context.

OpenAI made the ChatGPT tool available for free public testing on 30 November, according to Reuters. Within a week of it being unveiled, over a million users had tried it, said Sam Altman, co-founder and CEO.

A tool like ChatGPT could be used in real-world applications such as digital marketing, online content creation, answering customer service queries or, as some users have found, even to help debug code, according to Reuters.

Open AI, a non-profit, says its mission is to ensure AI benefits all of humanity. Journalists like me, a naturally sceptical tribe, will be viewing this technology nervously.

2. Business adoption of AI has doubled in the last five years – McKinsey

The annual survey on the state of AI from McKinsey’s QuantumBlack artificial intelligence division shows business adoption of the technology has doubled in the last five years. Half of the survey’s respondents said their business has adopted AI in at least one business area. That’s up from 20% of respondents in 2017.

McKinsey also found that AI is being embedded into a wider range of business capabilities. The average user of AI in business is now using the technology in 3.8 applications, compared to 1.9 in 2018.

The use of AI in business covers a spectrum of applications, including process automation, digital twins and facial recognition.[…]

Source: SwissCognitive