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An AI system has reached human level on a test for ‘general intelligence’. Here’s what that means
(theconversation.com)
this post was submitted on 24 Dec 2024
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One extremely minor correction - you said they're designed to make enormous piles of money and yet none of these(1) are cash flow positive or have any clear path to profitability. The only way a company makes money off this (outside an acquisition to let founders exit with bags of cash) is if one of these companies is allowed to create a monopoly leading to a corporate autocracy. General language models are absolutely shit in terms of efficiency compared to literally any other computing tool - they just look shiny.
Edited to add: Just as a note it's always possible that this AI gold rush actually does lead to an AGI but, lucky for me, if that happens the greedy as fuck MBAs will absolutely end civilization before any of you could type up "told you so" so I'm willing to take this bet.
ML-bubble? You mean the one in the 1960's? I prefer to call this the GenAI bubble, since other forms of AI are still everywhere, and have improved a lot of things invisibly for decades. (So, yes. What you said.)
AI winter is a recurring theme in my field. Mostly from people not understanding what AI is. There have been Artificial Narrow Intelligence that beat humans in various forms of reasonings for ages.
AGI still seems like a couple AI winters out of having a basic implementation, but we have really useful AI that can tell you if you have cancer more reliably and years earlier than humans (based on current long term cancer datasets). These systems can get better with time, and the ability to learn from them is still active research but is getting better. Heck, with decent patching, a good ANI can give you updates through ChatGPT for stuff like scene understanding to help blind people. There's no money in that, but it's still neat to people who actually care about AI instead of cash.
Only if you consider the companies developing these algorithms and not every other company jamming "AI" into their products and marketing. In a gold rush, the people who make money aren't the people finding the gold. It's the people selling shovels and gold pans.