BUSINESS
Technology: Not just 2023, 2024 will also be about AI’s rapid strides
Expect AI to get bigger, better, more powerful and more expensive following the law of scaling as it feeds on more computational power (read chips), larger datasets, and a trillion or so parameters
BUSINESS
One Year Of ChatGPT: Five domains disrupted by generative AI
ChatGPT upended all our assumptions about automation, with those in white-collar jobs waking up to the reality of AI outperforming them in many areas. World nations and tech companies are racing to gain the upper hand in AI to power them ahead of rivals. All said, we can’t even fathom much of the far-reaching changes that AI could produce
BUSINESS
AI Race: Why Anthropic stands a good chance to pull ahead
Who could be the winner of the fierce battle between tech companies to edge ahead in AI development? While OpenAI is getting all the attention, don’t lose sight of Anthropic, with its unique philosophy of Constitutional AI and lack of hesitation to pump in billions of dollars to scale up its larger large learning models
BUSINESS
Irrespective of where Sam Altman goes from here, he will be known as AI’s first champion
It is very unlikely that Sam Altman will vanish from the scene. The manner in which ChatGPT and generative AI stormed into our lives and Altman’s role in introducing the concept of “intelligence as a service” have been epoch-defining
BUSINESS
AI won’t replace people, yet. But people who use AI will edge out those who don’t
In the tech industry, one section envisions AI creating thousands of new jobs, and there's another seeking to replace human roles with AI. Automation is happening but a sober analysis of generative AI shows it improves human productivity instead of replacing humans. Humans mastering generative AI tools will benefit in this phase
BUSINESS
How AI is challenging cybersecurity
The AI era’s cybersecurity threats need more scrutiny. In this article, we analyse three of them. Jailbreaking of generative AI tools like ChatGPT can turn them into assistants for cyber criminals. Invasive AI tools like WormGPT ease phishing attacks. Large Language Models can produce dynamically changing malware code making detection harder
BUSINESS
What ChatGPT’s downturn tells us about AI adoption
The hoopla over AI is giving way to a more grounded appraisal of the AI development capabilities of companies, the limitations of generative AI tools, and the quality and security issues which hinder AI adoption by corporate companies. But this brief respite may just be what the world needs
BUSINESS
An Evolutionary Question: Will AI models go big or small?
Despite the ChatGPT hype, there’s a thriving small AI ecosystem too. Stanford’s Alpaca model, trained for a mere $600, can go toe-to-toe with GPT-3.5, which cost several million dollars to train. Whether we go big or small depends on larger models hitting unresolvable performance, data, or cost constraints or smaller models becoming unoptimisable beyond a point
BUSINESS
Large AI Models: Their huge costs mean there’s going to be no free AI
Large Language Models like ChatGPT and Bard burn a lot of cash in chip acquisition and various operational costs. These have implications like the latest AI offerings not being made publicly available because every free user costs money for the company at the backend, and not-for-profit business models becoming rendered unviable. How AI companies monetise LLMs will be keenly watched
BUSINESS
There’s no stopping the march of AI. Unveil massive upskilling programmes for our techies
A clear siloing of AI technology is developing, and without upskilling India won’t be able to break the US-China duopoly. Only a globally competent labour force will benefit from the free movement regime in services in our trade negotiations. Businesses are seeking locations that aren’t just safe and conducive but also brimming with talent. We shouldn’t miss the AI bandwagon
BUSINESS
Generative AI & Social Media: Creating entertainment, news and advertising content just got easier. Competition gets tougher too
From curated AI that has been tailoring our social media feeds for long we are entering the age of creative AI which is simple to use, customisable and easy to integrate to various platforms. The effortless mass manufacturing of text, images, audio and video will majorly disrupt the entertainment, news and advertising businesses
BUSINESS
Coaching institutes watch out. ChatGPT is coming for your students
Generative AI that can offer students simplified content based on specifications, tests, assessments and personalised feedback are a threat to India’s vast and burgeoning coaching institute industry
