With chatGPT and A.I. generated art and so on, it seems like A.I. is really getting some traction. What has changed that we couldn’t do that before?
In: Technology
Two important trends drove a lot of the AI hype in the last 1-2 years:
– New big models have started producing results that are surprisingly good and accessible to lay-people. ChatGPT’s language output was much better than people expectations. Same with the AI art models. They generally aren’t good enough to use in any productive capacity, but they are better than many people expected, generating hype.
– Mobile growth has slowed at the same time that interest rates have risen – wiping out the profitability engine for the technology industry. There are a lot of very bright engineers (and very bright marketers) who have their careers in tech and without a clear roadmap to increased profitability, big tech and VC backers have pivoted hard into AI to keep tech stocks rising. Whether this leads to sustainable innovation and value-add to these companies has yet to play out.
#1 will play out quickly as expectations catch up, especially with how poor these models function in productivity-focused environments. (although I hope the Art models prove good enough to have lasting impact)
#2 will take longer – expect a lot of products from ‘ex-google, ex-apple’ that seek to find a new device that can be sold to consumers (to replace lagging smartphone sales).
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