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Although technology leaders and visionaries such as Bill Gates, Reid Hoffman, Sundar Pichai, Mark Zuckerberg, Jodi Baxter, Debashree D. and others attest to the potential of generative AI to reshape the world, ordinary users are more skeptical.
The skeptics have had more ammunition for their side of late. For example, Perplexity was reprimanded by WIRED Magazine (where my wife is editor-in-chief) for apparently deleting its content while ignoring an opt-out option added to the magazine’s website’s robot.txt file.
In addition, OpenAI has been criticized by observers and employees alike, not only for its potential – and apparent desire – to disrupt “business as usual,” but also for allegedly prioritizing “shiny products” over the safety of AI.
This is likely a key reason why the company’s co-founder and former chief scientist, Ilya Sutskever, recently left OpenAI to start a new company, Safe Superintelligence Inc. (SSI), dedicated to one goal: securing superintelligent AI models, that is, those that outperform artificial generalized intelligence (AGI), or AI that is better than humans at the most economically valuable work.
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And yet, despite all the skeptics and doomsayers, AI companies and developers continue to produce groundbreaking new innovations every week.
Just this week, Runway demonstrated (though not yet publicly unveiled) its new Gen-3 Alpha generative AI video model, which could outshine OpenAI’s Sora and the recently released Luma AI Dream Machine in terms of its ability to produce realistic, immersive, Hollywood-quality videos in seconds or minutes.
In addition, Anthropic has stolen OpenAI’s crown for the world’s most powerful AI model (according to third-party benchmarks) with the release of its new model, Claude 3.5 Sonnet, which is already being called by some power users as a model that shows “sparks of AGI.”
As I’ve written before, AI is clearly in its “trough of disappointment,” according to the Gartner Hype Cycle. While many AI companies have shown undeniably impressive demos of their technology, skeptics point to how these companies have pulled data and content from the internet without asking permission or paying compensation. They gloat over AI’s many public failures while simultaneously castigating executives for their advocacy of a technology that clearly still has many rough edges and unclear benefits.
But does this mean that the entire field of generative AI is “bullshit” because NFTs and the metaverse have not yet found widespread adoption or use cases among the general public?
Not at all. In fact, many companies – from startups like Color to Fortune 500 companies like Walmart – are already using AI and achieving tangible results in many areas.
Find out exactly what these companies are doing with new generation AI, how it helps them and their customers, and what specific products, tools and workflows they use at our largest annual conference: VB Transform 20249-11 July in Terra Gallery & Venue in San Francisco.
In attendance are executives from some of the most important, influential and controversial companies in the field of artificial intelligence, including:
And many, many more (over 70 speakers)
I will be moderating panel discussions and breakout sessions and look forward to connecting with all of these business leaders and the 400+ business decision makers and entrepreneurs expected to attend.
There are still some tickets left, so grab them while you can Here.
