Has AI Progress Really Slowed Down? ...Middle East

For over a decade, companies have bet on a tantalizing rule of thumb: that artificial intelligence systems would keep getting smarter if only they found ways to continue making them bigger. This wasn’t merely wishful thinking. In 2017, researchers at Chinese technology firm Baidu demonstrated that pouring more data and computing power into machine learning algorithms yielded mathematically predictable improvements—regardless of whether the system was designed to recognize images, speech, or generate language. Noticing the same trend, in 2020, OpenAI coined the term “scaling laws,” which has since become a touchstone of the industry. [time-brightcove not-tgx=”true”] This thesis pr

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Has AI Progress Really Slowed Down? ...Middle East

For reference: The most-recent FOMC statement and key projections

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