HOW HAS AI ALTERED OUR WORLD?
The rise of Artificial Intelligence (AI) in our society has been unmistakable over the last few months. As the world wrestles with the ramifications of the far-reaching capabilities of new generation AI, let us look into the history of what has been one of the most fascinating fields of research and development in the history of computer science. We will also look into the companies behind these advancements.
Early History of AI
The concept of AI can be traced back to ancient Greek mythology, where legends talked about intelligent machines. The legend of Talos details a giant bronze automaton created by the gods, that protected the island of Crete. However, the modern history of AI started in the 1950s, when computer scientists began to develop algorithms that could simulate human thought processes.
IBM & Deep Blue
Deep Blue is an AI system developed by IBM. It is famous for its victory over the world chess champion, Garry Kasparov, in 1997. Deep Blue was the first computer to defeat a human world champion in a chess match, and it demonstrated the potential of AI in strategic decision-making.
Deep Blue was a significant accomplishment for IBM and showed that AI could be used to solve complex problems that had previously been the exclusive domain of human experts. The success of Deep Blue paved the way for the development of other AI systems that could be used to solve a wide range of problems in various industries.
IBM & Watson
Watson is an AI system that uses natural language processing, machine learning, and other technologies to analyze vast amounts of data and provide insights that can be used to make better decisions.
IBM Watson was first introduced to the world in 2011, when it competed on Jeopardy! against two of the show's all-time human champions. The Watson system was able to defeat the human contestants by using its natural language processing and machine learning capabilities to quickly process vast amounts of data and generate accurate responses to the game show's questions.
Since its debut on Jeopardy!, IBM Watson has been used in several industries, including healthcare, finance, and retail. Some recent users of Watson include:
1. Geico - the insurance company used Watson to assist its customer service representatives in handling customer inquiries and providing personalized recommendations.
2. Woodside Energy - the Australian energy company used Watson to help its engineers analyze data and improve the efficiency of its operations.
3. H&R Block - the tax preparation company used Watson to help its tax professionals provide more personalized and accurate advice to clients.
4. RBS (Royal Bank of Scotland) - the bank used Watson to help its employees provide more personalized advice to customers and improve the efficiency of its operations.
5. Macy's - the department store used Watson to help its customer service representatives provide personalized recommendations and improve the overall customer experience.
6. Northwell Health - the healthcare organization used Watson to assist its clinicians in diagnosing and treating patients.
7. GM (General Motors) - the car manufacturer used Watson to help its engineers improve the design and performance of its vehicles.
It has also been used in research and development, where it has helped scientists to analyze large datasets and identify patterns that would have been difficult or impossible to identify without AI.
Siri is an AI-powered personal assistant developed by Apple (AAPL). It was first introduced in 2011 with the release of the iPhone 4S. Siri uses natural language processing and machine learning to understand and respond to user requests. It can perform a wide range of tasks, including making phone calls, sending text messages, setting reminders, and providing information about the weather, news, and other topics.
Siri was a significant innovation in the field of AI, as it demonstrated the potential of AI in everyday life. It made AI more accessible to the general public and showed that AI could be used to simplify everyday tasks and improve productivity.
ChatGPT is a large language model trained by OpenAI. OpenAI is a research organization founded in 2015 by Elon Musk, Sam Altman, Greg Brockman, Ilya Sutskever, and John Schulman. However, Elon Musk departed from the company's board of directors due to potential conflicts of interest at Tesla and SpaceX. OpenAI currently operates as a non-profit. It is one of the most advanced language models in the world and has been trained on a massive dataset of human language. ChatGPT uses natural language processing and machine learning to understand and respond to user requests, and it can generate human-like responses to a wide range of queries.
ChatGPT is a significant accomplishment in the field of AI, as it demonstrates the potential of machine learning in natural language processing. It can be used for a wide range of applications, including customer service, language translation, and content generation.
Bard is an experimental AI chatbot, and Google’s (GOOG, GOOGL) answer to Open AI’s ChatGPT. Bard also works off LaMDA technology, with the added benefit of Google’s up-to-date pool of data to give the most current responses to queries, versus ChatGPT which draws from data up to 2021. Bard has recently come under fire for incorrect answers in a highly-publicized demonstration, which negatively affected public confidence in the tool.
So what do we do as humans in a brave new AI world? Next week we will look at investing possibilities to capitalize on this trend!