Tuesday, May 14, 2024

Perspective.

https://sloanreview.mit.edu/audio/ai-hype-and-skepticism-economist-paul-romer/

AI Hype and Skepticism: Economist Paul Romer

Paul Romer once considered himself the most optimistic economist. He rightfully predicted that technology would blow up as an economic driver coming out of the inflation of the 1970s but acknowledges he did not foresee the inequality that technology advances would lead to.

On this episode of the Me, Myself, and AI podcast, Paul shares his views on AI advances and their implications for society. Rather than pave the way for full automation, he is a proponent of keeping humans in the loop and believes that, rather than slowing down technology, it can be pointed in a direction for more meaningful and beneficial use, citing education as an area ripe to benefit from AI.





Tools & Techniques.

https://www.inc.com/ben-sherry/openai-says-new-gpt-4o-model-is-twice-as-fast-costs-half-as-much-for-businesses.html

OpenAI Says New GPT-4o Model Is Twice as Fast and Costs Half as Much for Businesses

The company that ushered in the generative AI revolution with ChatGPT just announced its newest flagship model, GPT-4o. The model is said to be faster and have enhanced capabilities across text, vision, and audio. The new model will be rolled out to all ChatGPT users, both free and paid, over the next few weeks.

In a live streamed presentation, OpenAI chief technology officer Mira Murati explained that the "o" in GPT-4o stands for "omnimodel," meaning that it is a multimodal tool with vision and audio capabilities natively built in. Previously, for ChatGPT to process images or audio, OpenAI would string multiple models together, all of which were specialized for a different media type, or "modality." Stringing these models together led to significant lag times, but by combining all the modalities into a single model, the process is made much faster. For example, the new model can translate a conversation between two people speaking different languages in real time, without any lag for loading or processing.



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