Category Archives: Artificial Intelligence
Is Elon Musk At Odds With Cathie Wood Over This Artificial … – The Motley Fool
Elon Musk is the CEO of global electric vehicle powerhouse Tesla (TSLA -0.25%). Over the years, the company has received an incredible amount of support from investors, who have routinely paid a premium price for its shares.
But perhaps no single investor is as vocally optimistic about Tesla's potential as Cathie Wood, who runs Ark Investment Management. In fact, Tesla is the largest holding in the ARK Innovation ETF(ARKK 1.58%) and the firm currently has a $1,533 price target on Tesla stock. That's the highest Tesla target price on Wall Street and represents a 696% upside from where the stock trades today.
Cathie Wood rarely disagrees with Elon Musk's vision for the company, but an ongoing debate about the potential risks of advanced artificial intelligence (AI) could divide them. Musk has been actively voicing his concerns about rushing into the new technology too fast. Meanwhile, Ark Invest just released a set of blockbuster financial projections for the AI industry that rely upon it moving full steam ahead.
Image source: Getty Images.
Could artificial intelligence lead to a rise-of-the-machines-style existential threat to humanity? Nobody really knows, and that's kind of the problem.
In March, the Future of Life Institute issued a public letter calling for a six-month pause to the development of advanced AI models. This was in large part spurred by the impressive abilities of GPT-4, the latest language model developed by OpenAI, whose ChatGPT has taken the internet by storm in recent months.
But let's back up for a second, because it's important to point out two things. First, Elon Musk is a co-founder of OpenAI, and he intended for it to be an open source, non-profit organization. He left in 2018 to avoid future conflicts of interest with Tesla's own AI initiatives, and he has been very critical of OpenAI's "maximum" profit status today -- it just completed a major investment deal with Microsoft (MSFT 2.55%) that could be worth as much as $10 billion.
Second, Musk is a financial donor to the Future of Life Institute, which has set out to research the potential risks humanity faces from artificial intelligence.
Now, back to the letter. Musk was among the first signatories, and since its release, over 9,000 people have put their names to it, including AI researchers, academics, and tech heavyweights. The group focuses on GPT-4 because it's the first AI model with the ability to complete complex tasks with the same proficiency as humans -- or better.
GPT-4 recognizes both text and images -- in a demonstration, the bot was shown a drawing, asked to code a website that looks exactly like it, and did just that. The model also achieved human-level grades in the Bar exam, the Scholastic Assessment Test (SAT), and the Graduate Record Examinations (GRE). These are still early days for the bot; that it can already succeed at such tasks means it's not hard to envision a near future where AI is outsmarting humans.
The proposed six-month pause on advanced AI development is designed to give technologists and policymakers time to enact guidelines that prevent humans from losing control of the technology. Representatives of Ark Invest -- including Cathie Wood -- have not yet publicly expressed support for the Future of Life letter.
But the firm's long-term financial projections suggest AI is going to become so easily accessible that the development of rogue and dangerous models could be inevitable. For example, Ark says the cost to train GPT-3 level generative AI (the GPT-4 predecessor) will fall by 70% every single year between now and 2030. In dollar terms, that cost will fall from $450,000 in 2022 to just $30 by the end of this decade.
That steep price decline would place advanced AI at the fingertips of just about every business on Earth. In fact, Nvidia (NVDA 0.58%) is about to give the world access to its powerful AI supercomputer through cloud providers like Microsoft Azure, allowing them to train advanced models themselves with practically no oversight.
Ark thinks AI will add $200 trillion to global economic output by 2030 and that the companies developing the technology could share in $14 trillion in revenue. If that happens, AI would create more value than any industry the world has ever seen. With such a big pot of gold at the end of the rainbow, it's going to be nearly impossible to disincentivize companies from entering an AI arms race, hence the call from Musk and others to develop a more stringent set of rules around the technology.
Earlier, I mentioned Ark Invest has a Street-high price target of $1,533 on Tesla stock. The firm thinks Tesla will get there by 2026. Perhaps unsurprisingly, Ark sees artificial intelligence as a critical ingredient in that journey.
For example, Ark believes that in 2026, 34% of Tesla's revenue will come from robotaxis. Those vehicles won't require any human input because they'll be powered by fully autonomous self-driving software -- which, of course, relies on AI.
If Tesla stock does reach $1,533, the company will be valued at $5.3 trillion. Ark estimates 62% of that value will be attributed to the robotaxi business, likely because it will be one of the fastest growing pieces of Tesla overall. As a result, eliminating AI from the company could erase $3.2 trillion in market value.
Tesla is also working on a humanoid robot called Optimus, which, based on the company's early projections, could be a multibillion-dollar opportunity after 2027. Without AI-powered software, though, that product ceases to exist.
I am in no way saying a six-month pause on advanced AI development will derail Tesla's long-term plans. However, if the industry can't agree on a set of guidelines, global policymakers might enforce a far stricter set of laws later down the road -- especially if the Future of Life Institute's concerns about safety come to fruition. That would have the potential to impact Tesla's plans, and based on Ark's estimates, there is a lot of value at stake.
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Is Elon Musk At Odds With Cathie Wood Over This Artificial ... - The Motley Fool
Unlocking Human Creativity with AI: How Artificial Intelligence Will Transform the Creative Process – Yahoo Finance
The power of AI was on full display at Austins South-by-Southwest festival- from robotics, to transportation, and even healthcare, but what about art?
Ultimately, what I think it does is allow more people to be artists, explains Fiverrs (FVRR) Head of Audio and Music, Adam Fine.
What's going to be really interesting now is to see how people tap into this tool and unlock more to create more impressive things, the baseline will continue to increase. and we'll see that threshold for great art, great code, great writing, be improved.
We're gonna see how people, freelancers, professionals, experts, continue to use this tool. Ultimately humans will be the winners and we'll see humans continue to get more creative and more productiveAI can be used in music to enhance production, consumption, many different things. and I think the possibilities are endless, Fine says.
So endless, that in just a few months AI generated artworks have spread across the internet like wildfire and developers made a boatload of money for what seemed like an original idea.
Especially in the art space, we have lawsuits that have been taking place around representation and compensation. Artists are often having their art put into the data set to train those models without any notification and without any compensation, notice, or attribution, Signal and Cipher CEO, Ian Beacraft told us.
People have put out their life's work onto the internet, and now these models have come along and scrapes the whole internet and said we're just training it on everything.
Theft of intellectual property is hardly a modern problem, but leave it to the free market to come up with a modern solution. Image licensing companies like Getty (GETY) and Shutterstock (SSTK) are diving head-first onto the AI wave, using their massive image databases to build AI content generators and sharing the profits with contributing artists.
The way that people tell stories is continuing to evolve. At one point it was images, then it was video,and now it's music. Now it may be generated content, says Shutterstock Chief Product Officer Meghan Schoen.
Story continues
So what does the future of creativity look like?
Schoen says, the way I describe it is you're sitting in a pitch meeting or trying to bring an idea to life and you may have a vision in your head of astronauts eating breakfast on Mars. In the past, how do you actually describe that to a roomful of creatives? To help them understand and conceptualize what you're talking about? Now, they can just describe that, get a visual, and now they're not starting from a blank piece of paper and they can build stories on top of that.
BRAD SMITH: The power of artificial intelligence was on full display in Austin, Texas, at South by Southwest, from robotics to transportation, and even health care. But what about art, you ask.
ADAM FINE: Ultimately, what I think it does is allow more people to be artists.
BRAD SMITH: Adam Fine, the head of audio and music at Fiverr, says AI will push the boundaries of artistic endeavors--
ADAM FINE: [BEATBOXING]
I don't know. There we go.
BRAD SMITH: --like music, writing, and design, creating new avenues for what artists can achieve.
ADAM FINE: We're going to see how people-- freelancers, professionals, experts-- continue to use this tool. And ultimately, humans will be the winners. And we'll see humans continue to get more creative and more productive.
BRAD SMITH: As a musician myself, I was curious about what all of this might mean for the next generation of music.
When we think, as musicians, what the next kind of iterative phase of music is with AI layered on top of it, I mean, what does that even look like to you?
ADAM FINE: I think the possibilities are endless.
BRAD SMITH: So endless that in just a few months, AI-generated artworks have spread across the internet like wildfire. And developers made a boatload of money--
[CASH REGISTER DINGS]
--for what seemed like an original idea.
IAN BEACRAFT: Especially in the art space, we have lawsuits that have been taking place around representation and compensation. So artists are often having their art put into the data set to train those models without any notification and without any compensation or notice and-- or attribution. People have put out their life's work onto the internet. And now these models have come along and scraped the whole internet and said, yep, we're just training it on everything.
BRAD SMITH: Theft of intellectual property is hardly a modern problem. But leave it to the free market to come up with a modern solution. Image licensing companies like Getty and Shutterstock are diving headfirst into the AI wave, using their massive image databases to build AI content generators and sharing the profits with contributing artists.
MEGHAN SCHOEN: The way that people tell stories has continued to evolve always, whether it was at one point images, then it was video. Now it's music. Now it may be generative content.
BRAD SMITH: So what does the future of creativity look like?
MEGHAN SCHOEN: The way I describe it is, you're sitting in a pitch meeting. You're trying to bring an idea to life. And you may have a vision in your head of astronauts eating breakfast on Mars. In the past, how do you actually describe that to a room full of creatives to help them understand and conceptualize what you're talking about? Now they can just describe that, get a visual. And now they're not starting from a blank piece of paper, they're starting from something that humans naturally can visually relate to. And they can build stories on top of that.
Scott Reeder: Will artificial intelligence replace writers? – Quad-City Times
I refuse to use self-checkout lanes at the grocery store.
This isnt a new thing. I just dont like the technology. Its not that I find it too complicated. My objection is that when I use it, Im contributing to someone losing their job.
Low skill, repetitive jobs like those of checkout clerks are on the chopping blocks as technology marches onward. Perhaps Im overly nostalgic. But I like chatting with the checkout clerks as Im buying my milk and vegetables.
A machine has never given me a smile or suggested a less expensive brand of flour. But some well-intentioned folks working the checkout lane have done just that.
Truck drivers may soon face a similar threat as artificial intelligence is perfected and self-driving vehicles become commonplace. I was reading a Wall Street Journal article that said the future of truck stops is imperiled.
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They may just become automatic fueling stations with no need to serve coffee, beef jerky and donuts. Showers and restrooms will become a thing of the past. Robots, after all, dont need such things.
A whole industry scattered across rural America may atrophy away.
When I read predictions like this, its easy to become smug and self-congratulatory. I can applaud myself for pursuing college degrees and choosing a profession that requires thinking and creativity.
Writing, after all, isnt something that can be outsourced to a machine. Or can it?
This past week, Ive been experimenting with artificial intelligence chatbots. I grew up in Galesburg, a railroad town that was the home of the poet Carl Sandburg. So just for fun, I asked a chatbot to write a poem about hometowns and railroads in Carl Sandburgs style.
In less than three seconds, it composed this poem:
I hear the train that comes from far
The one that brings me back to home
I see the smoke that trails the sky
The one that marks the way I roam
I feel the rumble and the roar
The one that shakes me to the bone
I smell the iron and the steel
The one that makes me not alone
I taste the dust and sweat and tears
The one that tells me what I've done
I touch the ticket and the rail
The one that shows me where I'm from
If I were a high school English teacher, Id give a student who turned that in an A. And frankly I couldnt have come up with a title for the poem in the time it took my cell phone to compose it.
Thats intimidating. Last month, I spent hours writing a sermon. (I occasionally volunteer as a lay preacher.) Just curious about the limits of artificial technology, two weeks later I asked my chatbot to compose a sermon on the same topic in the Rev. Billy Grahams style.
Three seconds later, a full sermon appeared on my computer screen. It had the rhythm and meter of something Rev. Graham might have written. It stayed true to his Evangelical theology and emphasized Bible passages that would have been dear to one of historys most successful evangelists.
I sat there quietly intimidated. Could the work I do someday be outsourced to a machine? More importantly, will human beings lose their ability to compose literature on their own?
I foresee a lot of high school and college students turning to artificial intelligence rather than their own to write poems and compositions. Its unlikely a teacher grading papers would know the difference.
With such a convenient crutch, will youngsters give up on the agonizing trial and error necessary to learn to write?
When I asked the chatbot to write a news story on a topic I had written about the previous week, the story it wrote was a disaster. I breathed a sigh of relief.
Well, a machine can only work with the body of information that is available to it. It can scour the internet for answers. But it cant pick up a phone and drag answers out of a politician reluctant to give them or interview a sobbing crime victim who needs the prompting of a reassuring voice to tell her story.
A friend who is a Canadian journalist puts it this way: Artificial intelligence plagiarizes it doesnt generate new information.
Artificial intelligence lacks basic desires such as empathy, love and justice. It can only mimic those human attributes and not particularly well for now.
Scott Reeder, a staff writer for the Illinois Times can be reached at sreeder@illinoistimes.com.
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Scott Reeder: Will artificial intelligence replace writers? - Quad-City Times
The 10 Best TV Shows Of All Time, According To Artificial Intelligence – Looper
While "Seinfeld" broke new ground as a sitcom about a group of quirky pals in New York City, "Friends" took that basic idea and ran with it. With a slightly younger cast of twenty-something singles, it focuses more on the relationships between Ross, Chandler, Phoebe, Rachel, Joey, and Monica, and with a bigger emphasis on their romantic foibles. More heartfelt and even downright sentimental at times, "Friends" eschewes the cynicism of its GenX predecessor in favor of its fun-loving, lighthearted, and free-wheeling Millennial comedy, helping it capture the hearts of a younger generation in the late 1990s and into the 2000s.
An ensemble of mostly newcomers, it launchedthe careers of David Schwimmer, Matthew Perry, Jennifer Aniston, Lisa Kudrow, and Matt LeBlanc. "Friends" became immensely popular in large part thanks to its will-they-won't-they romance between Ross and Rachel, while the sarcasm of Chandler became its own common lexicon. Nearly unmatched in its popularity throughout its run, it was a ratings juggernaut and became such a success that the stars of the show were being paid a million dollars per episode. Even now, nearly two decades after it came to a close, "Friends" feels almost as popular as it was in its prime, with new audiences discovering it thanks to the magic of streaming.
But with all that has been said about "Friends," there's not much for artificial intelligence to add. But it also mentions its ageless humor and stories ofheartache, friendship, career struggles, and family problems, which pretty much everyone can relate to, no matter what generation you are.
The rest is here:
The 10 Best TV Shows Of All Time, According To Artificial Intelligence - Looper
Artificial Intelligence in the Spotlight – NBC Bay Area
L.L. Bean has just added a third shift at its factory in Brunswick, Maine, in an attempt to keep up with demand for its iconic boot.
Orders have quadrupled in the past few years as the boots have become more popular among a younger, more urban crowd.
The company says it saw the trend coming and tried to prepare, but orders outpaced projections. They expect to sell 450,000 pairs of boots in 2014.
People hoping to have the boots in time for Christmas are likely going to be disappointed. The bootsare back ordered through February and even March.
"I've been told it's a good problem to have but I"m disappointed that customers not gettingwhat they want as quickly as they want," said Senior Manufacturing Manager Royce Haines.
Customers like, Mary Clifford, tried to order boots on line, but they were back ordered until January.
"I was very surprised this is what they are known for and at Christmas time you can't get them when you need them," said Clifford.
People who do have boots are trying to capitalize on the shortage and are selling them on Ebay at a much higher cost.
L.L. Bean says it has hired dozens of new boot makers, but it takes up to six months to train someone to make a boot.
The company has also spent a million dollars on new equipment to try and keep pace with demand.
Some customers are having luck at the retail stores. They have a separate inventory, and while sizes are limited, those stores have boots on the shelves.
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Artificial Intelligence in the Spotlight - NBC Bay Area
Healing With Psychedelics, Virtual Reality & Artificial Intelligence – Microdose Psychedelic Insights
Set refers to the subject; setting is the sessions environment. Matrix is the environment from which the subject comes: the environment surrounding the subject before and after the session, and the larger environment to which the subject returns. Betty Eisner, 1997, Pioneer, LSD Research
The use of psychedelics in therapy and personal growth continues to grow, thanks in part to the growing body of research showing their potential for healing depression, anxiety, addiction, and other mental health issues. At the same time, virtual reality (VR) has become an increasingly popular tool for creating immersive and powerful therapeutic experiences, whether for treating phobias, addiction, or trauma. These fields offer a new frontier for innovation and therapeutic healing.
This article will explore how psychedelics and VR are being combined with AI to create powerful therapeutic experiences. So, lets look at what we know about psychedelics, VR, and AI separately.
Psychedelics are natural or man-made compounds that produce profound changes in consciousness, including non-ordinary states of perception and intense emotional experiences. The physiological effects are usually mild and short-lived, but the psychological impacts can be significant.
VR is a computer-generated simulation of a three-dimensional environment that users can interact with using specialized hardware or equipment. It can be used to create immersive, interactive experiences that allow users to explore and manipulate a virtual environment.
Artificial Intelligence (AI) is a technology that enables machines to think like humans and act intelligently. AI systems can recognize patterns, learn from experience, and make decisions based on their analysis. This technology has been used in various industries, including healthcare, finance, automotive, and more. AI is rapidly changing how we interact with the world around us by providing more innovative solutions and increased efficiency for everyday tasks.
When these three technologies are combined, the potential for therapeutic applications is profound. By manipulating a users senses in a virtual world, therapists may be able to create powerful therapeutic experiences that could not be achieved through traditional methods.
The research is building to assess the synergies between VR with LSD, psilocybin, and MDMA to treat certain psychiatric disorders effectively. In this literature review, we look at the efficacy of VR, AI, and psychedelics in treating various mental health conditions, including substance use disorder, post-traumatic stress disorder (PTSD), depression, anxiety, obsessive-compulsive disorder (OCD), eating disorders, bipolar disorder, and schizophrenia. Research results show evidence suggesting that VR and psychedelic therapies may effectively treat certain psychiatric diseases.
Alone, psychedelic psychotherapy has been well-researched and used to treat depression, anxiety, and post-traumatic stress disorder (PTSD). With AI, we further have the opportunity to revolutionize research into psychedelic drugs and unlock their potential as medical treatments. With its ability to quickly process large amounts of data and uncover patterns in complex systems, AI can further help scientists make progress in understanding how psychedelics affect our brains and bodies paving the way for more effective treatments in the future. AI can also be used to develop personalized treatment plans for individual patients based on their unique needs. AI allows these companies to search more comprehensively for novel psychedelics with desired therapeutic applications.
HMNC Brain Health uses its AI Platform to develop groundbreaking therapies, combining Psychiatry, Genomics, and Analytics. AI is also used to gain precision when assessing mental health, bio-markers, and DNA. AI enables researchers to conduct more comprehensive searches of chemical databases and uncover molecules that may have otherwise gone undiscovered. AI-assisted searches also provide greater insight into molecular structure and predict likely outcomes for potential medicines, which could lead to the earlier discovery of potentially effective treatments.
VR can simulate real-world scenarios that evoke strong emotional reactions from patients, allowing them to confront their fears in a safe environment. This immersive environment could help individuals process traumatic memories or gain insight into their behavior more quickly than traditional talk therapy alone. The need for more research and an evidence-based strategy to design and roll out Virtual Reality (VR) applications in psychedelic-assisted psychotherapy has been identified. VR research has far-reaching implications in various fields, such as psychology, pharmacology, and medicine. By gaining a better understanding of the inner workings of the brain, researchers have looked at VR. They have found the experience and benefits similar to LSD or other Psychedelics. Using VR as a research tool has allowed a deeper understanding of the effects of psychedelics, such as an altered perception of time and space, improved creativity, enhanced mood regulation, and deeper self-reflection. The same technology can be used to study how people respond to various kinds of stimuli in the environment.
One way to use VR is by allowing patients to create and build their setting from the inside out in the preparation process for the psychedelic session. Dr. Prash Puspanathan, Enosis Therapeutics
Enosis Therapeutics has advanced the research of VR technology used with psychedelic therapy to create immersive patient experiences. For example, as a state-altering method, VR can bridge normal and altered consciousness to ease the transition process and reduce some patients anxiety before a psychedelic experience. This allows a better capacity to surrender to the experience and go into it more easily, giving patients a chance to dive deeper. After all, this is your personal matrix.
Enosis Therapeutics modules enable individuals to experience the full range of a psychedelic journey. They recently conducted a groundbreaking study to determine the effectiveness of virtual reality (VR) in psychedelic therapy. The results were encouraging, as participants reported increased satisfaction and therapeutic efficacy from VR scenarios. This provides strong evidence for using VR technology in therapeutic protocols, demonstrating that incorporating such immersive experiences can positively impact the outcome of psychedelic therapy sessions. With this information, Enosis is now focused on leveraging properties unique to immersive environments, such as the capacity to buffer from unwanted stimuli or reliably and quickly induce a mindful presence to ensure more successful patient outcomes.
The potential benefits of combining psychedelic psychotherapy with AI and VR are vast. By leveraging these technologies, clinicians may be able to provide more effective treatments for mental health issues while reducing the risk of adverse effects associated with psychedelics. As research explores the synergies between these technologies and psychedelic psychotherapy, we may soon see even more significant advances in this field.
Entheo Digital develops Breath, Light, And Sound Therapy (BLAST) biofeedback systems that amplify psychedelic-assisted journeys, with or without medicine. Their systems provide immersive environments that modulate three aspects of experience: respiration, visual field, and auditory/tactile sensation. The system uses vocal toning, or long vowel tones, to generate an audio-visual trance experience that activates the parasympathetic nervous system. This helps to reduce stress, increase oxygen flow throughout the body, and cultivate positive states of mind. The visual field is modulated with specialized LED light patterns designed to activate specific brain waves like alpha, delta, and theta, which are associated with improved attention, cognitive flow, and focus. Finally, the musical experience is entirely generated from the users voice, which provides a personalized journey that results in feelings of greater self-efficacy. This system can help people rapidly learn mindfulness skills and better understand their psychological and emotional state by utilizing neuroscience techniques to understand how the brain works.
Its not like the end of the worldjust the world as you think you know it. Rita Dove
Neuroscience helps us better understand how psychedelics affect our mental states. For example, fMRI scans can show changes in brain activity after a psychedelic experience, which can help researchers pinpoint potential therapeutic benefits and uncover how psychedelic-assisted psychotherapy Neuroscience studies have already shown that certain psychedelic compounds can alter activity and communication in the brain, leading to changes in perception and cognition. AI has already been used to detect patterns in neural networks and can be utilized to identify new pathways between various brain regions. Additionally, VR provides an interactive platform for Neuroscience research by allowing users to experience simulated environments with carefully monitored modifications. Combining these technologies allows for a completely novel, immersive experience where the user interacts with a simulated environment, giving researchers valuable insight into how the brain reacts to different stimuli.
As neuroscience continues to evolve, the potential of psychedelics, AI, and VR to further our understanding of the brain is becoming increasingly apparent. For example, a recent study found that participating in a group virtual reality experience can produce responses similar to those triggered by psychedelics. This suggests that VR could be used as a full-spectrum tool to capitalize on and catalyze the innately therapeutic aspects of psychedelic substances.
Researchers investigate how different environments impact our brains and behavior through AI and VR technology. https://neurosciencenews.com/vr-psychedelics-21412/ The combination of psychedelics, AI, and VR has opened up new possibilities for Neuroscience research. As these technologies continue to advance, we may soon be able to explore the brains inner workings in ways we never thought possible. With this newfound knowledge comes the potential for us to better understand ourselves and develop treatments for various neurological disorders.
Psychedelics can cause confusion, disorientation, anxiety, panic, or paranoia. They also interfere with the perception of reality, which may lead to a distorted sense of self-awareness and blurred boundaries between the users existence and non-ordinary consciousness. It is essential to be aware and prepared for the possible risks before engaging in psychedelic use. The medicalized model is very focused on screening and contraindications.
Virtual Reality creates a simulated environment that immerses users in an artificial world. The risk is that users potentially become so immersed in virtual environments that they lose sight of their in-real-life (IRL) lives, creating psychological issues such as disillusionment with the natural world and addiction to virtual worlds. Again, a supervised approach to preparing, journeying and integration is the key.
Artificial Intelligence: The far-reaching implications for our society are positive and negative. AI can be used as an autonomous decision-making machine that humans do not fully understand or control. We must develop ethical standards for AI applications to ensure their use does not infringe upon our civil liberties or humanitys greater good. Go to this link for more information.
In summary, the research into psychedelics, AI, and VR offers tremendous opportunity for exploring how we think about our relationship with technology itselfthe idea that humanity does not exist separate from technology but is instead intertwined within itas well as promising potential to uncover new treatments for various conditions whether they are physical or mental disorders. Further research into these topics could also help identify ways machine learning algorithms can better interpret human behavior while preserving autonomy and choice over our data bio, psycho and social context resulting in a win-win situation for researchers and end users. But this is not a panacea, and there is a shadow side to these technologies and frameworks that needs careful consideration in their use and application.
Note: This article presents a study, research, and a point of view that should not be taken as advice. The author offers transpersonal coaching and counseling. He is an Interfaith MDiv, Contemplative Psychotherapist and Psychedelic Assisted Therapy Provider, who holds space for therapeutic presence, preparing, integration and the use of digital therapeutics. The Work Mindfulness Project http://www.workmindfulness.com The Mindfulness Experience podcast https://themindfulnessexperience.podbean.com/
EXCLUSIVE: ‘A Chernobyl for AI’ looms if artificial intelligence is kept unchecked, says scientist Stuart Russell – Business Today
Stuart Russell, a Professor of Computer Science at UC Berkeley and a leading expert in artificial intelligence and machine learning, has issued a warning about the potential dangers of unchecked AI development. As the co-author of the standard text in the field of AI, "Artificial Intelligence: A Modern Approach," Russell's credentials are unparalleled. In an exclusive interview with Business Today's Aayush Ailawadi, he emphasizes the need for reasonable guidelines and safety measures to prevent the possibility of a "Chernobyl for AI" a catastrophic event that could have far-reaching consequences.
Russell is one of the prominent AI experts who signed the petition to pause the development of the next powerful iteration of GPT-4. Other prominent voices in the open letter include Tesla CEO, Elon Musk and Apple co-founder Steve Wozniak.
In an exclusive interview with Business Today, he listed the perils of unchecked AI and warned against the potential for "a Chernobyl for AI." Russell, who has been an AI researcher for 45 years, acknowledges the unlimited potential for artificial intelligence to benefit the world but emphasizes the need for reasonable guidelines to ensure its safe development.
Russell explains that developing guidelines for AI systems may take time, but it is necessary to demonstrate convincingly that a system is safe before it can be released. He compares the process to building a nuclear power plant or an airplane, where safety guidelines must be met to prevent catastrophic consequences.
He said, "What we're asking for is, to develop reasonable guidelines. You have to be able to demonstrate convincingly for the system to be safely released, and then show that your system meets those guidelines. If I wanted to build a nuclear power plant, and the government says, well, you need to show that it's safe, that it can survive an earthquake, that it's not going to explode like Chernobyl did." He further added, "we do not want a Chernobyl for AI."
Also read: Elon Musk, Steve Wozniak call for pause on training of AI systems that can outperform GPT-4The scientist warns that without proper guidelines and safety measures, there is a risk of a "Chernobyl for AI," referring to the nuclear disaster that occurred in Ukraine in 1986, which destroyed the nuclear industry and had long-lasting effects on the environment and human health.
Russell acknowledges that it is difficult to predict exactly what a Chernobyl-like disaster for AI might entail, but emphasizes the need to take the possibility seriously. He calls for the application of common sense in the development of powerful AI systems to ensure that they do not pose a threat to society.
Also read:'No regulations for Artificial Intelligence in India': IT Minister Ashwini Vaishnaw
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EXCLUSIVE: 'A Chernobyl for AI' looms if artificial intelligence is kept unchecked, says scientist Stuart Russell - Business Today
How excited should we be for the future of artificial intelligence? – Daily Cardinal
Disruptive technologies have impacted our lives in innumerable ways. Electric cars, virtual reality, 5G and numerous other genius human accomplishments have changed the way we live. But, the latest breakthrough in tech is artificial intelligence (AI).
As a student, I see how it impacts both students' ability to complete their schoolwork and professors teaching styles. However, with this added ease for students comes an added pressure for professors.
Hours of lecturing can now be replaced with a simple prompt and some elementary follow up questions. Ive witnessed first-hand that teachers are making learning content we cant get from AI their top priority in class. It makes sense. What is the purpose of going through the entire college process just to have a computer do the exact same thing in significantly less time?
Making sure there is a distinction between the capabilities of humans and those of AI should be a top priority otherwise, our day to day lives would seem merely superficial. But as AI constantly increases its own capabilities, this becomes a seemingly impossible task.
The generative AI chatbot known as ChatGPT has taken college campuses by storm. Now, the popularity and power of ChatGPT have led to an AI arms race with major tech firms such as Google and Microsoft squaring off at the top.
The speed at which new technologies are being released is remarkable. This innovation is fueled by competition and, of course, money. However, AI may be a disruptive technology one we might not want gaining power too quickly. For all of the good that comes out of AI, its also important to be mindful of the dangers that can come from it. Unlike electric cars, virtual reality and 5G, AI has the capability to act in human-like ways, reeling in a whole new list of issues.
Earlier this year, AI engines from Google and Microsoft passed the Turing test. The Turing test is administered by a human on an AI engine. If the interrogator is unable to distinguish the AI responses from the human responses, then AI has passed the test.
Most of these questions are not centered around high-level intelligence but rather on language cues and elementary level problem solving. Before the development of these chatbots, passing the Turing test was a rarity, to say the least. Now, it seems ever more common.
This accelerated development of AI being indistinguishable from humans is dangerous. For example, AI can now engage in manipulation and initiate a task as simple as a common scam. This isnt to say we have reached The Terminator levels, where the human race could be at risk, but it is certainly important to monitor as the capabilities of AI increase.
Additionally, equipping bad actors with this kind of AI could have catastrophic impacts throughout the world. As a result, AI experts and global tech leaders such as Elon Musk recently called for a pause in the development of this powerful technology.
In an interview with Yoshua Bengio, often referred to as the Godfather of AI, Musk said, Weve reached the point where these systems are smart enough that they can be used in ways that are dangerous for society. This consensus among tech leaders is not a call to action to stop AI development, but rather to understand how to control the AI that is developed before it is further developed.
Ensuring we can control AI before rushing to expand it seems like common sense; however, as history heeds, greed often takes control of people when they stumble upon an opportunity as lucrative as AI could be. To simply hope every AI specialist across the world will slow down for the purpose of safety is not something to bet on.
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So, next time ChatGPT is doing your math homework or writing your 10 page essay for your class, keep in mind the consequences of this intelligence as well as its benefits. AI could be the answer to humans most complex problems or the downfall of all our previous accomplishments.
Gianluca Sacco is a sophomore at UW-Madison studying Economics and Political Science. Do you agree that Artificial Intelligence requires increased vigilance? Send all comments to opinion@dailycardinal.com
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How excited should we be for the future of artificial intelligence? - Daily Cardinal
9 examples of artificial intelligence in finance – Cointelegraph
Artificial Intelligence (AI) is transforming the financial sector, revolutionizing how banks, financial institutions and investors operate. Here are nine examples of AI in finance, and how they are changing the industry:
AI algorithms can analyze transactions in real time, detect anomalies and patterns that may indicate fraudulent activities, and alert banks to take appropriate actions.An example of fraud detection using AI is PayPals fraud detection system. PayPal uses machine learning algorithms and rule-based systems to monitor real-time transactions, and identify potentially fraudulent activities.
The system examines data points like the users location, transaction history, and device information to identify abnormalities and patterns that can hint at fraudulent behavior. The technology can notify PayPals fraud investigation team about a possibly fraudulent transaction so that they can look into it further or block the transaction. The amount of fraudulent transactions on the network has dramatically decreased thanks to this AI-powered solution, making using PayPal safer and more secure.
AI-powered chatbots can provide personalized financial advice, answer customer queries, and automate routine tasks like opening new accounts or updating customer information.
The chatbot KAI from Mastercard, which helps clients with account queries, transaction histories and expenditure tracking, is an example of how AI is being used in customer support. KAI uses machine learning algorithms and natural language processing to offer consumers tailored help and financial insights across a variety of channels, including SMS, WhatsApp, and Messenger.
AI can accurately assess past and present market trends, spot patterns, and predict future prices. AI algorithms can also perform transactions in real time, using pre-programmed rules and conditions, optimizing investing strategies and maximizing returns.
Financial institutions and investors benefit significantly from this technology, which enables them to make data-driven decisions and maintain an advantage in the fiercely competitive world of trading.
Related: What are artificial intelligence (AI) crypto coins, and how do they work?
By analyzing complex financial data, artificial intelligence can identify potential risks and forecast future scenarios, providing valuable insights that enable banks and other financial institutions to make well-informed decisions.
An example of risk management using AI is BlackRocks Aladdin platform. To analyze enormous volumes of financial data, spot risks and opportunities, and give investment managers real-time insights, the Aladdin platform combines AI and machine learning algorithms.
By examining elements like market volatility, credit risk, and liquidity risk, the platform assists investment managers in monitoring and managing risks. Investment managers may enhance their investment strategies and make data-driven decisions thanks to Aladdins risk management capabilities, which lower the risk of losses and boost returns.
AI can analyze vast amounts of financial data and provide insights into investment trends, risks and opportunities, helping investors make informed decisions.An example of portfolio management using AI is Wealthfront, a robo-advisor that uses AI algorithms to manage investment portfolios for clients.
To create customized investment portfolios for clients based on their goals, risk tolerance, and financial position, Wealthfront combines classic portfolio theory and AI. As market conditions and the clients goals change, the platform automatically rebalances the portfolio while continuously monitoring its performance. Many investors find Wealthfront an appealing alternative because of its AI-powered portfolio management, which enables customized and optimal investing plans.
AI algorithms can analyze credit histories, financial statements, and other data to provide accurate credit scores, enabling lenders to make better lending decisions. For instance,ZestFinances Zest Automated Machine Learning (ZAML) platform uses AI to analyze credit risk factors and provide more accurate credit scores, improving lending decisions and reducing the risk of default.
AI-powered robo-advisors can provide personalized financial advice and investment strategies based on a clients financial situation, goals and risk tolerance. For instance,Bank of Americas AI chatbot, Erica, can provide personalized financial advice, answer customer queries and automate routine tasks.
AI can analyze a range of data points, including demographic information, health records and driving history, to provide accurate insurance underwriting. For instance, to improve accuracy and lower fraud in the insurance market, Lemonade, an AI-powered insurtech company, employs AI algorithms to evaluate claims and underwrite insurance policies.
Related:A brief history of artificial intelligence
AI can help financial institutions comply with complex regulations by analyzing transactions, detecting fraud, and ensuring compliance with Know Your Customerand Anti-Money Launderingregulations.
For instance, ComplyAdvantage helps businesses comply with legal obligations and avoid fines by using AI and machine learning algorithms to monitor financial transactions and identify potential money laundering activities.
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9 examples of artificial intelligence in finance - Cointelegraph
David Moon: Artificial intelligence will be the death of common sense – Knoxville News Sentinel
David Moon| For the Knoxville News Sentinel
Microsoft fusing AI chatbot into search engine
Microsoft announced a new version of its search engine Bing is integrating artificial intelligence chat in a step the tech giant hopes will bolster its place in the online search business (Feb. 7) (AP Video: Manuel Valdes)
AP
As someone who was told I could protect myself from being vaporized by a USSR nuclear attack by hiding under my elementary school desk, Ive grown fairly immune to warnings of the imminent end of humanity. Thats why I easily dismissed a scholars recent warning that superhuman artificial intelligence would (not could) destroy all life on earth.
Then I saw how easily millions of people were fooled by a fake photo of Pope Francis appearing to wear a $6,000 Balenciaga puffer coat and realized it might not take superhuman intelligence to destroy humans. People are willingly doing it to themselves on Facebook.
Eliezer Yudkowsky is the lead researcher at the Machine Intelligence Research Institute in Berkley, California. In a recent open letter to the AI community, Yudkowsky persuasively warns that the current direction of AI advancements will result in the death of every single member of the human species and all biological life on Earth. He writes that it isnt something with a remote possible chance. It is the obvious thing that will happen.
Even the skeptic in me read carefully as Yudkowsky explained that we can already transmit DNA strings via email, allowing scientists to produce replicate proteins on demand and providing an existing possible way for AI to escape the confines of a computer or the Internet by creating its own artificial life forms using the molecular building block of chromosomal existence.
I believe, however, that a more imminent threat to humanity is evidenced by the number of people who blindly accept satire as real news or never question obviously impossible public claims before repeating them. Fake Pope pics and Marjorie Taylor Green/AOC quotes serve as self-administered public IQ tests.
People are falling in love with chatbots, with sometimes disastrous romantic consequences when companies update their software. Advice to employers: never hire someone who happily admits being in love with binary code.
I am smart enough to know that I am not smart enough to know the future of AI. The idea of computers or robots taking over a bunch of jobs seems inevitable; thats what technology has always done. If AI is a tool that replaces all emotion in a decision process with logic, that seems to me to be a useful tool. My guess is that, like every other tool man has developed, it will create increased disparities between those who use the tool and those who dont.
Yudkowskys warning to the contrary, however, I am going to assume that life will continue for the foreseeable future and continue to roll my eyes at the gullible people who seemingly look for fake news to believe.
David Moon, president ofMoon Capital Management, may be reached at david@mooncap.com.
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David Moon: Artificial intelligence will be the death of common sense - Knoxville News Sentinel