Stanford University’s AI Index Report 2023: The Current State of AI Research
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| Stanford University’s AI Index Report 2023: The Current State of AI Research |
Artificial intelligence (AI) used to be an exciting field of research, but now it has become primarily a money-making field for those who already have a lot of it. This is one of the key takeaways from Stanford University's AI Index Report 2023, which was recently published. The report provides a comprehensive overview of the state of AI research and its impact on society.
One of the key findings of the report is that up until 2014, most of the major machine learning models were developed by public research institutions. However, the tech industry has now taken over the field, with 32 out of 35 major machine learning models released last year being developed by companies. This has led to a renewed concentration of power among tech companies, which have the resources required to develop state-of-the-art AI systems, such as supercomputers, huge amounts of data, and money.
Private investments in AI totaled almost $92 billion worldwide in 2022, which is 18 times as much money as in 2013. Companies using AI in operations report significant cost savings and revenue increases. Nevertheless, the number of companies that dare to approach the technology stagnates at 50 to 60 percent.
The report also highlights that the country where people have the most positive attitude towards AI is China, with 78 percent of those surveyed stating that products and services that use AI have more advantages than disadvantages. In comparison, only 35 percent of those surveyed in the US and 37 percent in Germany held this view.
The report covers a range of other topics, including the effects of AI on the labor market, increasing misuse and ethical problems, the environmental balance of the systems, and political regulatory tendencies.
It's worth noting that the partners and sponsors of the report are predominantly US institutions and companies, such as Google and OpenAI, whose own AI developments are also discussed in the report. Therefore, the data from Europe may not be fully representative. However, the trend is clear: Europe plays a minor role in the field of AI. For example, of the top ten research institutions according to the report, the first nine are in China, with MIT being the only non-Chinese institution in tenth place.
Overall, the report provides a data-driven overview of the current state of AI research and its impact on society. It is a valuable resource for anyone interested in understanding the latest trends in AI and its implications for the future.
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