HI FINTECHTALKERS, ( follow me on Twitter for lively discussions on these topics @PADDYRAMANATHAN)
Three years ago, in January 2020, we published our top 10 predictions for the decade below. So we wanted to follow up to see where the puck has been and where it will be.
Multi-modal AI, which includes text-to-image and text-to-audio capabilities, has arrived, as has quantum computing for cyber-security. TwitterFiles demonstrate that Twitter is more than a social media platform, but a critical transmission network that shaped public opinion, much like a power grid is for electricity.
When we consider the reach and attention of a platform like Twitter2.0 and the AI-generated content (narratives, texts, images, and videos), we are headed for a new level of hyper-personalized and augmented reality.
This is why - I decided to bring in some experts and talk about what is in store for 2023 and beyond and what we make of all the Generative AI and AGI (Artificial General Intelligence) talk.
I saw down with Jags Kandaswamy (CEO and Founder of Latent.AI), Lewis Liu (CEO of EigenTech), Sean Austin (CEO of Helios Life Enterprises), Ahon Sarkar (GM of Helix from Q2), Riad Hartani (Managing partner at Xonapartners) and Steven Ramirez (CEO at BeyondtheArc) to talk about all things technology, consumer behavior, and societal trend. The podcast and editorial infograph is included in this edition along with the link to the Generative Elder’s recap.
Artificial General Intelligence (AGI), a theoretical concept of human-like AI has been a topic of discussion lately. I asked ChatGPT about AGI and whether it was AGI, and here is what I got:
“No, I am not an AGI. I am a language model…Yes, as an AI language model, I am a small step towards AGI. AGI is a hypothetical concept that aims to create machines that possess general intelligence, and while we are not yet close to achieving AGI, language models like me represent a significant advance in artificial intelligence.” ChatGPT Feb 2023
We are at a pivotal moment in history, where the capabilities of artificial intelligence (AI) are expanding rapidly. The infograph above is an attempt to roadmap AI into horizons of increasing sophistication and use.
With generative capabilities in text, audio, video, code, and 3-D, AI is no longer just a decision support engine but is now able to augment and will soon replace several knowledge worker functions.
The implications of further advancements in generative models are significant and could change functions such as sales and marketing, design, and programming, and have a transformative effect in the fields of life sciences, medicine, financial services and even manufacturing. Imagine the possibilities if we were to connect AI to the cerebral cortex, which could unlock human potential in new and creative ways. For now, with embedded AI and AI on the edge, we are expanding human potential and creating new applications and value in areas such as warfare, terrestrial and space exploration, and other verticals.
Businesses beware! The biggest potential disruptor to your competitive advantage is the emergence of a competitor or upstart capable of doing what your best human resources can do, but on a much larger scale, with greater efficiency and effectiveness, thanks to AI. Therefore, investing in AI readiness for your core team is paramount for long-term success. Despite the deep technology behind AI, its value ultimately lies in its creative usage by humans. AI can augment and amplify human capabilities, but the critical decision-making, innovation, and creativity that drive the business forward are distinctly human traits. By embracing AI and preparing your team to integrate it into your operations, you can unleash your full potential and stay ahead of the competition. Don't miss out on this opportunity - invest in AI readiness today and prepare for a brighter, more innovative future.
Paddy Ramanathan
Founder of iValley (www.ivalley.co) and
Host of the FINTECHTALK™ Show
(Violin piece in podcast courtesy of my daughter Ilina, thanks also to chatgpt for suggestions)
The Generative Elder recap of the FINTECHTALK show - The Cambrian Explosion in AI: A blast like never before
Connect with us!
iValley Innovation Center
11040 Bollinger Canyon Rd, E-909
San Ramon, CA 94582,
The United States.
The Artificial General Intelligence (AGI) horizon