It is also worth mentioning that finding solutions for such problems might be easier to suggest than execute. The AI market is directly affecting the labor market, leading to layoffs and the minimization of departments. Experts have widely discussed the implementation of AI and how it can affect jobs around the world if the right government programs are not implemented.
Altman also discusses AGI, which stands for artificial general intelligence. He defines it as an AI “system that can tackle increasingly complex problems, at a human level, in many fields” and says it will soon be integrated into our artificial intelligence routine. However, the new AGI model might “require lots of human supervision and direction.”
The CEO of OpenAI also talks about “[AGI systems] will not have the biggest new ideas,” writing, “and it will be great at some things but surprisingly bad at others.”. AGI value also comes from using the systems on massive scales.
Altman also talked about spending large amounts of money on AI “You can spend arbitrary amounts of money and get continuous and predictable gains”, which leads to better AI performance. Going even further, AI is discussing to rise up to $40 billion in a funding round as they will be spending up to $500 billion with its partners, on developing a data network.
He also talked about the cost of AI models and that the use of artificial intelligence will not become cheaper. Yet, better and more capable systems will be available in the near future.
The company is also in the process of transforming into a for-profit organization, aiming to reach $100 billion in revenue by 2029. He also said that “AI is being used by authoritarian governments to control their population through mass surveillance and loss of autonomy.”.
And that AI will seep into all areas of the economy and society; we will expect everything to be smart,” Altman wrote. “Many of us expect to need to give people more control over the technology than we have historically, including open-sourcing more, and accept that there is a balance between safety and individual empowerment that will require trade-offs.”