Microsoft is embracing ChatGPT and its advanced AI algorithms, pushing them into every segment of their product suite. Google and Facebook have followed in the footsteps of the tech giant, making AI ever more powerful and consequential as it expands its reach within more and more areas. As a result, advanced AIs are now responsible for tasks that used to be done by humans – like writing business decks, coding programs and creating special effects for movies.
AI optimists would call these “tasks” and argue that it helps free up humans from dealing with mundane and menial tasks, letting them focus on the more creative and enticing tasks. But there are underlying questions that need to be asked here. How much human work is enough, and what happens to the people who used to do these jobs? Moreover, not all the tech services provided by AIs are beneficial to everyone.
Microsoft is leading the way when it comes to transition to AI-powered services. To further explore the topic, the company will gather prominent executives in San Francisco on July 11th and 12th for a conference. Participants will be able to discuss the advantages and disadvantages of integrating AI into business processes and learn from other leaders how to make the most out of AI investments.
The company in question, OpenAI, is a research lab focused on creating AI capable of carrying out complex tasks. The lab, founded by tech titans Elon Musk and Sam Altman, has been researching deep learning algorithms, reinforcement learning, and generative models for many years, and the fruits of their labor are now being implemented and released by major tech giants.
One of the most notable of these fruits is the ChatGPT and its numerous applications. The model, recently released by OpenAI, has the potential to create and modify contracts in the blink of an eye – which would spell huge changes in the legal industry, to name just one area of potential upheaval. But it would also lead to potentially major job losses of other kinds too, hence the controversy and careful deliberation that comes with its adoption.
