Generative AI’s Wild 2023

In a recent Reuters’s article titled Generative AI’s Wild 2023, the Kenneth Li discusses how the first generative chatbot, ChatGPT, became a household name in 2023 and what it means for 2024.

Li writes that though the AI answered questions wrong, gave hallucinated answers to the users, however it didn’t prevent many early users to stop using it, but still become more popular. “Investors, led by Microsoft’s multibillion dollar bet on OpenAI, injected $27 billion into generative AI startups in 2023, according to Pitchbook. The battle for AI supremacy, stewing in the background between big tech firms for years, was suddenly in focus with Alphabet, Meta and all announcing new milestones.”

The winners and losers in the AI era are only just emerging. As in other eras, beneficiaries will likely be drawn along socio-economic lines. Civil rights advocates have raised concerns over potential bias in AI in fields such as recruitment, while labor unions have warned of deep disruptions to employment as AI threatens to reduce or eliminate some jobs including writing computer code and drafting entertainment content.

– Kenneth Li on Reuters

Predicting the impact of AI for the year 2024, Li writes:

Rules being drafted in the U.K. and U.S., come as the world heads into the biggest election year in history, raising concern about AI-generated misinformation targeting voters. In 2023 alone, NewsGuard, a company which established a ratings system for news and information websites, tracked 614“unreliable” AI-generated sites in 15 languages from English to Arabic and Chinese.

Good or bad, expect AI, which has already been conscripted to make campaign calls in the U.S., to play an outsize role in many of the elections taking place this year.

– Kenneth Li on Reuters