🚨 2024 AI Index Report by Stanford Institute for Human-Centered Artificial Intelligence (HAI) 🚨 https://lnkd.in/ea7KF28 The latest AI Index from Stanford's Human-Centered AI Institute drops major knowledge bombs. Here are the highlights you can’t afford to miss: 1️⃣ AI Takes the Lead—But Not Everywhere: While AI dominates tasks like image recognition and language understanding, it's still playing catch-up in advanced areas like competitive math and commonsense reasoning. 2️⃣ Industry Takes Over AI Research: In 2023, the industry created 51 top-tier models, leaving academia far behind with just 15. But collaborations between both hit an all-time high with 21 standout models. 3️⃣ Training AI is Getting Expensive—Fast: The cost to train state-of-the-art models is skyrocketing. OpenAI’s GPT-4 cost an estimated $78M to train, while Google’s Gemini Ultra blew past $191M. 4️⃣ The U.S. Leads the AI Race: America produced 61 notable AI models in 2023—nearly triple the EU’s 21 and four times China’s 15. The gap is growing. 5️⃣ Responsible AI Lacks Standards: OpenAI, Google, and others are testing their models on different ethical benchmarks, making it nearly impossible to compare risks and ensure accountability. 6️⃣ Generative AI Investment Explodes: Funding for generative AI went from $3B in 2022 to $25.2B in 2023. OpenAI, Anthropic, and Hugging Face are pulling in massive rounds. 7️⃣ AI Supercharges Productivity: New research proves AI not only helps workers get more done faster but also bridges the skills gap. However, misuse can backfire if not properly managed. 8️⃣ AI is Accelerating Scientific Discovery: From AlphaDev optimizing algorithms to GNoME revolutionizing material discovery, 2023 showed AI's transformative power in science. 9️⃣ U.S. AI Regulations on the Rise: The number of U.S. AI-related regulations shot up 56% in 2023 alone, with 25 new laws compared to just one in 2016. Regulation is catching up—fast. 🔟 Global Anxiety Over AI Grows: 66% of people believe AI will drastically impact their lives in the next 3-5 years, and 52% feel uneasy about it—up 13% from last year. Get ready—AI is shaping the future, whether you're prepared or not. 🌍💡 https://lnkd.in/ea7KF28 #AIIndex2024 #AIRevolution #ArtificialIntelligence #TechTrends #GenerativeAI #AILeadership #FutureOfWork #AIGrowth
AI Researcher & Professor, Stanford University; Co-Director, Stanford Human-Centered AI Institute; Scientific Partner, Radical Ventures; Author ("The Worlds I See")
It’s here! Looking forward to digging into the 2024 AI Index, which shows AI’s major advances, trends in investments and education, the regulatory landscape, and so much more (and at 500 pages, I’m serious about the “more”!). https://lnkd.in/ggDweGam