The transformative potential of artificial intelligence is driving an explosion of investment and innovation that Toby Walsh, an AI expert, refers to as “possibly the biggest gold rush in human history” in the world today. There are risks associated with this gold rush, though. Concerns about who really benefits from AI and whether a more open and equitable future is still possible are raised by the move of OpenAI and other once-open-source idealist companies toward more commercially driven models.
“Open AI was the fastest growing company ever; no other company in the history of capitalism has ever gone from having no revenue to having a billion dollars in annualized revenue in just one year,” notes Walsh. “It’s not a coincidence.” This quick rise demonstrates the solid financial incentives propelling the development of AI.
Walsh, however, warns against associating market success with a promise of a better future for everybody. He observes that a small group of people benefit greatly from the enormous resources needed for AI development, such as “data centers, [the] underwater, uh, undersea cables”: “We already know who will prevail. We can already predict that one of the major Chinese tech companies, Apple, Microsoft, or Amazon, will win.”
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