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It’s Time to Believe the AI Hype

May 18, 2024 - wired.com
The article discusses the rapid advancements in AI technology, with a focus on OpenAI's new model GPT-4o and Google's Project Astra. GPT-4o, which uses various modes of input and output for interaction with humans, was announced to be available for free. Project Astra, a multimodal chatbot, can process visual and aural information and converse about what it sees. Despite some critics arguing that the progress of AI has plateaued or is an outright sham, the author argues that the rate of AI progress is not slowing and will continue to bring about massive changes.

The piece also mentions an essay by economist David Autor, who suggests that AI could help rebuild the middle class by enabling middle-skilled workers to perform tasks previously reserved for experts. However, the author expresses skepticism about this view, suggesting that AI might instead concentrate decision-making power even more in those who currently pull the strings. The author concludes by stating that while AI may create new jobs to mitigate its disruption of current ones, it is unlikely to level off income equality as Autor suggests.

Key takeaways:

  • OpenAI announced a new flagship model called GPT-4o, which uses input and output in various modes for interaction with humans. The model is available for free and has been noted for its natural interaction and encyclopedic knowledge.
  • Google announced a series of AI advancements at its annual I/O developers conference, including a new version of its most powerful AI model, Gemini Pro, and a new product in development called Project Astra, a multimodal chatbot.
  • Despite the progress in AI technology, some critics argue that the progress of Language Model's (LLM's) has plateaued and that the AI movement of the 2020s is an outright sham.
  • There is a universal agreement in the tech world that AI is the biggest thing since the internet, and maybe bigger. Companies like Microsoft, Meta, Amazon, and Apple are all focusing on AI, leading to a competitive fervor that is driving innovation at a frantic pace.
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