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2024-04-17-ai-capabilities-site

AI is getting good at a lot of different tasks

The state of AI

As AI has gone mainstream, companies haven’t been shy in deploying the technology — applying it to manual and repetitive tasks and even citing it as a reason for mass layoffs.

But how does AI compare to humans on technical tasks? A new report, Stanford University’s 2024 AI Index, summarizes where the burgeoning technology is at.

The headline is that recent breakthroughs have heralded an unprecedented improvement in the performance of AI models on benchmark tests. For a long time, AI has been able to tell what’s in a picture, even as websites ask us to endlessly prove we’re not a robot by clicking on images of traffic lights or stop signs.

But now, AI is doing visual reasoning and math — seriously hard math.

Indeed, the 2024 AI Index reports that models have gone from scoring less than 10% of the relative performance of humans to more than 90% in just 2 years in competition-level math. In more simple tasks, the AI models evaluated already outperform the relevant human benchmarks.

The good news for anyone worried about losing their job is that AI researchers are increasingly concerned about running out of high-quality data to train their models, with some predicting that the available supply will be exhausted by 2026. This shortage might force developers to depend increasingly on AI-generated, or 'synthetic', data for training new models. Adobe’s solution? Pay people $3 a minute for videos of them touching things.

Related reading: How ChatGPT broke the Turing test.

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WSJ: OpenAI IPO filing could be coming as soon as this week

According to a report from The Wall Street Journal, OpenAI could file for an IPO as soon as this week. The company is working with Goldman Sachs and Morgan Stanley on the IPO, which is widely expected to be one of the largest ever. OpenAI is racing against rival Anthropic to be the first startup of the current generative-AI boom to go public.

OpenAI is targeting an IPO as soon as September, per the report.

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Google announces new models, glasses, agents, but investors are not impressed

At Google’s I/O developer conference, the company announced a bevy of new products, but none of it helped the stock one bit.

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Report: Tesla to build solar factory near Houston

Tesla is planning to build its solar panel manufacturing plant — an endeavor that could add up to $50 billion in value to its energy business — near Houston, Texas, Electrek reports. The plant would be located on the same site as its Megafactory, which builds Megapack battery systems.

The solar plant is part of Tesla and SpaceX’s goal of eventually putting solar-powered data centers in space.

On the company’s fourth-quarter earnings call, CEO Elon Musk said Tesla was “going to work towards getting 100 gigawatts a year of solar cell production, integrating across the entire supply chain from raw materials all the way to finished solar panels.”

At the time, the news had sent shares of First Solar down, but subsequent reports suggest Tesla is unlikely to compete directly with the country’s leading photovoltaic panel maker, instead using much of that production internally.

On the company’s fourth-quarter earnings call, CEO Elon Musk said Tesla was “going to work towards getting 100 gigawatts a year of solar cell production, integrating across the entire supply chain from raw materials all the way to finished solar panels.”

At the time, the news had sent shares of First Solar down, but subsequent reports suggest Tesla is unlikely to compete directly with the country’s leading photovoltaic panel maker, instead using much of that production internally.

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