The presentation explores artificial intelligence (AI), covering its definition, current capabilities, limitations, and potential impact.
Defining Intelligence (Artificial and Otherwise)
The presentation defines intelligence as adjusting parameters of a mental model, minimizing errors, exploring possibilities, restricting search space, optimising a reward function, and projecting a priori hypotheses. It also suggests that humans, and even the universe itself, could be considered forms of AI.
Categorising AI
Several categories of AI are mentioned, including: heuristic, symbolic, perception, machine learning, reinforcement learning, and generative computing. These categories likely represent a progression in complexity and capability.
Current State of AI
The presentation highlights both advancements and limitations of current AI. Progress is being measured by various benchmarks and evaluations like Massive Multitask Language Understanding, General Language Understanding Evaluation (GLUE), AI Index Annual Report 2024, and ARC-AGI.
While AI excels in certain tasks, it does not outperform humans in all areas. The presentation notes the increasing investment in AI, particularly in generative AI, and its positive impact on worker productivity and quality of work. It also shows that the US leads in top AI model development. However, there's a significant lack of robust and standardised evaluations for responsible use of Large Language Models (LLMs).
Limitations and Areas for Improvement
Several limitations of current AI are highlighted. These include:
- Sensitivity: AI algorithms are highly susceptible to minor variations in input data, making them vulnerable to adversarial attacks.
- Bias: Algorithms can reflect biases present in training data or the cultural context of developers, posing challenges for applications with moral implications.
- Retention: Algorithms struggle to "store" history, which is problematic for long-term time series data.
- Common Sense and Justification: AI lacks common sense reasoning and struggles to justify its decision-making processes, hindering its use in scenarios with moral implications.
- Risk Analysis: Current models provide average accuracy levels, necessitating better risk assessment for sensitive applications.
Temporal Model Drifting: The presentation also touches upon the concept of temporal model drifting and the need for further exploration. It questions whether we have reached the full potential of AI or even know where development is headed.
Industry Trends
The sources indicate several industry trends:
- Increased prioritisation and budget allocation towards AI by enterprises.
- Growth in AI use cases across various sectors, including automation, logistics, supply chain, customer experience, and insights.
- The role of IT partners in accelerating AI adoption and reducing costs.
- Challenges in scaling AI, with increased development expenditure and deployment times.
- The slow maturation of AI, with many enterprises still in early stages of development and deployment.
- Difficulties in evaluating AI effectiveness due to multiple and fragmented success metrics.
- Concerns about software supply chain and configuration management impacting AI quality.
- Significant issues with model performance, security, and auditing, impacting many enterprises.
Potential and Risks
The presentation acknowledges the transformative potential of AI to revolutionise industries, solve complex problems, and improve lives.
However, it also emphasises the need for careful regulation, ethical guidelines, and safeguards to mitigate these risks is underscored