Shivashish (Shiv) Misra’s Post

Report of the Week: Stanford University's THE AI INDEX REPORT - Measuring Trends in AI The most recent AI Index Report 2024 provides a comprehensive overview of the current state of AI across industries, showcasing its growing influence on business operations, research, and society. Here are some of our key takeaways from reading it this weekend: 𝗚𝗲𝗻𝗔𝗜 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗧𝗿𝗲𝗻𝗱𝘀: Despite a dip in overall private investment in AI, funding for generative AI skyrocketed by 8x from 2022 to 2023, reaching $25.2 billion. This shows the growing demand for AI-driven solutions that enhance business capabilities. 𝗔𝗜'𝘀 𝗥𝗼𝗹𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗪𝗼𝗿𝗸𝗳𝗼𝗿𝗰𝗲: The report highlights that 57% of workers believe AI will change how they work in the next five years. However, research suggests AI is augmenting rather than replacing human skills, particularly benefiting lower-skilled workers by improving task efficiency and quality. 𝗧𝗿𝗮𝗶𝗻𝗶𝗻𝗴 𝗖𝗼𝘀𝘁𝘀: Developing cutting-edge models like GPT-4 now costs upwards of $78 million, emphasizing the financial barriers smaller companies face when trying to adopt advanced AI technologies. What did you think about the report? Link for the full report on the comments section below. #GenAI #AI #ArtificialIntelligence #DigitalTransformation #AITransformation #AITalent

A fascinating MIT study tracked over 1,000 scientists using AI in their R&D lab. When these top researchers combined their expertise with AI, their breakthrough rate in materials research jumped 44%. They're not only working faster – they are pushing boundaries we'd never thought possible. There's a catch, though. Some scientists felt their creativity was being underutilized. It raises an important question: How do we balance AI's efficiency with human ingenuity? This isn't just about materials science. It's a glimpse into how AI will transform every research field. The message is clear: The future belongs to those who can masterfully blend human expertise with AI capabilities. See the paper by Aidan Toner-Rodgers: https://lnkd.in/d9w_YHXm #Innovation #AI #FutureOfScience #RD #MaterialsScience

Stanford's AI Index Report 2024 offers a comprehensive overview of the current state and future trends in AI. Key takeaways include: Rising Costs: The cost of training AI models has surged, with models like Google's Gemini Ultra costing up to $191 million. Industry Leadership: Companies like Google and OpenAI are leading AI development, significantly outpacing academic and governmental contributions. AI Adoption in Business: Over half of businesses are integrating AI, mainly for automating customer interactions and personalizing services. However, concerns about job displacement due to AI are prevalent, particularly among younger and wealthier individuals. Technical Performance: Significant advancements in AI models, such as SegmentAnything and PaLM-E, demonstrate enhanced capabilities in tasks like image segmentation and interactive robotics. Open vs. Closed Models: While the number of open-source models has increased, closed-source models still outperform them, especially in high-precision tasks. Investment Trends: While overall private AI investment has declined, generative AI saw a substantial increase, attracting $25.2 billion in 2023. #AI #ArtificialIntelligence #TechTrends #Innovation #AIIndex2024 #GenerativeAI #BusinessTechnology #AIResearch For more details, check out the blog:

Stanford released the Artificial Intelligence Index Report 2024 The seventh edition. The AI Index report tracks, collates, distills, and visualises data related to Artificial Intelligence (AI). But what are the key takeaways you need: 1. AI beats humans on some tasks, but not on all. 2. Industry continues to dominate frontier AI research. 3. Frontier models get way more expensive. 4. The United States leads China, the EU, and the U.K. as the leading source of top AI models. 5. Robust and standardized evaluations for LLM responsibility are seriously lacking. 6. Generative AI investment skyrockets. 7. The data is in: AI makes workers more productive and leads to higher quality work. 8. Scientific progress accelerates even further, thanks to AI. 9. The number of AI regulations in the United States sharply increases. 10. People across the globe are more cognisant of AI’s potential impact—and more nervous. How have you been using AI to make an impact in your day-to-day routines? Credit: Jazz Rasool #ai #data #datadna #openai

🌐 Unlocking the Future of AI with insights from the 2024 AI Index Report from Stanford University! 🌐 BlueSphere4 is constantly trying to stay abreast of the most recent developments in artificial intelligence. Valuable insights into the present and future of artificial intelligence can be gained from the recently published Stanford University AI Index Report 2024. Here are some of the top takeaways: AI Performance: AI continues to outperform humans in certain benchmarks, but there are still issues in complex areas like arithmetic and visual commonsense reasoning. Industry Leadership: The industry is driving AI research, producing more noteworthy models than academia. Growing Costs: It is getting more and more expensive to train advanced AI models; models like Google's Gemini Ultra and GPT-4 can run into the millions. Geopolitical Trends: The United States produces the best AI models, surpassing China and the EU in this regard. Standardisation: To compare the hazards and limitations of various models, standardised assessments are required. Investment in Generative AI: Although global AI investment has decreased, funding for generative AI has increased to $25.2 billion. To learn more about how we use these insights to help our clients navigate the constantly shifting AI landscape, follow our company page. #Innovation #TechTrends #BlueSphere4 #AI #StanfordAIReport #BusinessTransformation

🌟 𝗖𝗮𝗻 𝘆𝗼𝘂 𝗶𝗺𝗮𝗴𝗶𝗻𝗲 𝗵𝗼𝘄 𝗔𝗜 𝗰𝗮𝗻 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝘀𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 𝗱𝗶𝘀𝗰𝗼𝘃𝗲𝗿𝘆? The rise of advanced AI models has sparked both excitement and skepticism about their ability to automate research. This paper introduces 𝗦𝗰𝗶𝗲𝗻𝗰𝗲𝗔𝗴𝗲𝗻𝘁𝗕𝗲𝗻𝗰𝗵, a new benchmark designed to rigorously test AI's capabilities in scientific tasks. 𝗞𝗲𝘆 𝗙𝗶𝗻𝗱𝗶𝗻𝗴𝘀: ✅ Comprehensive Benchmark: ScienceAgentBench evaluates AI on 102 tasks from 44 scientific publications across four fields. ✅ Expert Validation: Nine subject matter experts validated the tasks to ensure they are relevant to real-world research. ✅ Limited Capabilities: Even the best AI models could only solve 32.4% of tasks on their own and 34.3% with expert help. I believe in the power of rigorous assessment to drive AI advancements in scientific research. These findings underscore the need for more robust AI models and innovative strategies to enhance their capabilities. 👉 Paper https://lnkd.in/dYfVGssj #AI #Science #Innovation

I see this as one of the best available report of the status of AI: 500 pages beautifully crafted by Stanford Institute for Human-Centered Artificial Intelligence. The 2024 edition is the most extensive yet, arriving at a crucial juncture where AI's impact on society is more evident than ever. This year, they have expanded the coverage to delve deeper into key trends, including AI's technical advancements, public perceptions, and the geopolitical aspects of its evolution. With a wealth of new data, this edition offers fresh insights into AI training costs, in-depth analysis of responsible AI practices, and a brand-new section exploring AI's role in science and medicine. The AI Index report collects, synthesizes, and visualizes data on artificial intelligence (AI). The goal is to present impartial, rigorously reviewed, and widely sourced information to enable policymakers, researchers, business leaders, journalists, and the public to gain a richer and more nuanced understanding of the multifaceted realm of AI. Link to download a free copy attached below: https://lnkd.in/drAhKtvT #AI #Indexreport2024

📘 Must-Read: Stanford's AI Index Report 2024 I recently explored the Stanford University Artificial Intelligence Index Report 2024, and it's a treasure trove of insights into AI’s impact across various domains. This extensive 500-page report is packed with information that anyone interested in the future of technology should consider. Here are some key highlights that stood out: 🌟 AI Model Performance: Gemini Ultra has set a new benchmark by becoming the first language model to achieve human-level performance on the Massive Multitask Language Understanding (MMLU) test. 💰 Investment Trends: The surge in generative AI investment is staggering—nearly eightfold increase from 2022, reaching $25.2 billion. 🏭 AI and Productivity: Research from 2023 confirms that AI is not just about automation; it’s enhancing productivity and quality of work, particularly bridging the skill gaps between diverse worker groups. 📜 AI Regulations: With 25 new regulations introduced in 2023, the U.S. is actively shaping the framework for AI’s future interactions. 🔬 AI in Science and Medicine: AI's acceleration into scientific and medical fields promises innovations, from pandemic predictions to new material discoveries. 🌍 Public Perception: The growing global awareness of AI’s potential impacts reflects a mix of optimism and concern among the public. This report is highly recommended for its in-depth analysis and forward-looking perspective. Dive into the full report here: https://lnkd.in/gzBFMfK8 #AI #ArtificialIntelligence #Technology #Innovation #AIIndexReport2024

🚀 Discover the Future of AI/ML with Our Latest White Paper: Tek AI! 🚀 Dive into the transformative world of artificial intelligence and machine learning with our new white paper, "Tek AI." This comprehensive guide explores the cutting-edge applications of AI/ML, providing valuable insights into how these technologies are revolutionizing various industries. 🔍 What You'll Learn: -Real-world AI/ML applications driving innovation and efficiency. -Strategies for integrating AI into your business operations. -Emerging trends and future opportunities in the AI/ML landscape. Stay ahead of the curve and unlock the potential of AI/ML for your business. 👉 Read the Full White Paper https://lnkd.in/gS_4xsyc Ready to harness these innovations for your business? https://lnkd.in/gGQEdAFB #AI #MachineLearning #Innovation #TekAI #DigitalTransformation #FutureTech #AITrends #BusinessGrowth

The Stanford #AI Index Report 2024 is out! 📕 The Stanford Institute for Human-Centered Artificial Intelligence (HAI) released its annual AI Index Report, offering a fascinating look at the current state of AI! Here are the top 🔟 insights: 🧠 AI surpassed humans on image classification and language tasks but still lags in complex reasoning. 🏭 Industry dominated frontier AI research, producing 51 notable models vs 15 from academia. 💸 Exorbitant training costs: GPT-4 ($78M) & Gemini Ultra ($191M) set new records. 🌎 US leads with 61 top AI models, EU at 21, and China with 15. ⚖️ Lack of robust evaluations for responsible AI complicates risk assessments. 💰 Generative AI funding soared to $25.2B, nearly 8x increase from 2022. 👷 AI can boost worker productivity but risks loom without oversight. 🚀 AI accelerates scientific progress with apps like #AlphaDev & #GNoME. ⚖️ US saw 56.3% increase in AI regulations in 2023. 😨 Growing public nervousness towards AI products and services. The report highlights AI's rapid advancements, increased investment, evolving policies, and public perception shifts. While responsible development and informed policymaking are crucial. 🌐 What are your thoughts on the AI Index Report 2024? Let's discuss! 💬 #AIIndexReport #ArtificialIntelligence #ResponsibleAI #Innovation #Technology #Stanford