Hedge funds made an about-face last week dumping semiconductor stocks — beneficiaries of the artificial intelligence boom — while snatching up software. Fund managers net sold US technology stocks for the third straight week, according to Goldman Sachs Group Inc.’s prime brokerage desk. Within tech, semiconductors and semiconductor equipment stocks were the most notionally net … Read more
That reflects not Mr Altman’s leadership but a broader trend in the technology industry, one that OpenAI itself precipitated. Since the launch of ChatGPT in November 2022, the market for AI labour has been transformed. Zeki Research, a market-intelligence firm, reckons that around 20,000 companies in the West are hiring AI experts. Rapid advances in … Read more
That is one question considered in a new publication by Nick Bostrom, a philosopher at the University of Oxford, whose last book argued that humanity faced a one-in-six chance of being wiped out in the next 100 years, perhaps owing to the development of dangerous forms of artificial intelligence (AI). In Mr Bostrom’s latest book, … Read more
Artificial intelligence (AI) and generative AI (GenAI) are advancing at an incredible pace, but we are unable to understand how they make decisions, so they are called ‘black boxes’. Researchers say they are now able to peek under the AI hood. Will this make AI models safer? Why are AI algorithms called ‘black boxes’? AI … Read more
There is already evidence that AI systems can enhance diagnostic accuracy and disease tracking, improve the prediction of patients’ outcomes and suggest better treatments. It can also boost efficiency in hospitals and surgeries by taking on tasks such as medical transcription and monitoring patients, and by streamlining administration. It may already be speeding the time … Read more
The idea of machines outsmarting humans has long been the subject of science fiction. Rapid improvements in artificial-intelligence (AI) programs over the past decade have led some experts to conclude that science fiction could soon become fact. On March 19th Jensen Huang, the chief executive of Nvidia, the world’s biggest manufacturer of computer chips and … Read more
CAN PRIVATE companies pushing forward the frontier of a revolutionary new technology be expected to operate in the interests of both their shareholders and the wider world? When we were recruited to the board of OpenAI—Tasha in 2018 and Helen in 2021—we were cautiously optimistic that the company’s innovative approach to self-governance could offer a … Read more
Imagine a world where artificial intelligence (AI) doesn’t just process language but truly understands and navigates the complexities of the real world. Gagandeep Reehal, co-founder and CEO of Minus Zero, articulated this transformative idea as he addressed the Mint Digital Innovation Summit 2024. Reehal emphasized the need to shift from traditional large language models (LLMs) … Read more
What if artificial intelligence (AI) could fluently communicate in every Indian language? At the Mint Digital Innovation Summit 2024, being held in Mumbai, Pranav Mistry, founder and CEO of Two Platforms Inc., shared his vision for India to become a leader in AI for non-English markets. Mistry emphasized that by developing new multilingual models, which … Read more
Speaking at the Summit, in a panel titled ‘Macro View: What it means to become a Digital and AI leader’, Jayashree Satagopan, corporate president and chief financial officer of Coromandel International, said, “There will be job redundancies that will happen because of AI. But this is nothing new. We have seen old jobs become redundant … Read more