TechTakes

This is the best summary I could come up with:

The AI sector is exploding: Investors have raced to pour money into the field, to the tune of up to $200 billion by next year, according to Goldman Sachs.

But an industry leader is warning that the surge of “hype” and enthusiasm surrounding AI threatens to undermine the scientific progress necessary to drive the technology forward.

“[AI] brings with it a whole attendant bunch of hype, and maybe some grifting and some other things that you see in other hyped-up areas—crypto, or whatever,” DeepMind cofounder and CEO Demis Hassabis told the Financial Times.

Hassabis has worked in the AI field for more than 15 years and had a front-row seat for the explosion in popular interest sparked by the public release of ChatGPT in November 2022.

From a funding perspective, Hassabis’s comparison of AI and crypto is reasonable, as both have experienced exponential growth in capital and substantial public exposure.

“I think we should take a more scientific approach to building AGI because of its significance,” Hassabis said, referring to artificial general intelligence—AI capability operating at a level that equals or exceeds human cognitive ability.

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