The State of the Art in Artificial Intelligence

Christian Baghai
4 min readJun 17, 2023

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The field of artificial intelligence (AI) has been at the epicenter of technological advancements over the past few years. AI’s inherent ability to leverage large data sets and compute patterns has found diverse applications, ranging from healthcare and finance to entertainment and transportation. The current state-of-the-art in AI presents a fascinating study of the rapid progression of the technology and its growing influence on society. This article seeks to explore the latest advancements in AI, its implications, and future prospects as of 2023.

AI Research and Development

AI’s rapid advancement has been underpinned by vigorous research and development (R&D) efforts globally. The proliferation of AI research publications has more than doubled since the start of the last decade, highlighting the intensified interest and efforts in the field. The core focus areas of AI research have predominantly revolved around pattern recognition, machine learning, and computer vision.

The United States and China have emerged as the global frontrunners in AI research and development, pushing the boundaries of what the technology can achieve. Both countries have demonstrated a strong commitment to fostering AI development, and their research collaborations have quadrupled since 2010. This trend signifies an increasingly international and cooperative nature of AI research, which ultimately helps to accelerate global progress in the field.

Role of Industry in AI Advancements

The corporate sector has played an integral role in the evolution of AI. Since 2014, the industry has outpaced academia in the release of significant machine learning models, reflecting the shifting dynamics in AI research. This shift can be attributed to the industry’s inherent advantage in terms of resources. The creation of state-of-the-art AI systems demands large quantities of data, computing power, and funding — resources that industry inherently possesses in greater quantities compared to academia and nonprofits.

The Rise of Foundation Models

A prominent trend in the AI landscape is the rise of foundation models. These models are characterized by their scale and general-purpose nature. They are large AI models trained on broad data and subsequently fine-tuned for specific tasks. The size and cost of these models have seen a sharp rise in recent years.

For instance, OpenAI’s GPT-2, widely recognized as the first large language model, consisted of 1.5 billion parameters and cost an estimated $50,000 USD to train. Comparatively, PaLM, launched in 2022, contained a staggering 540 billion parameters and cost an estimated $8 million USD to develop. These figures underline the rising complexity and the cost of creating cutting-edge AI models.

AI Performance and Impact

AI continues to achieve state-of-the-art results across various domains, although the year-over-year improvements on many benchmarks are increasingly marginal. AI’s impact is particularly noteworthy in the realm of science. AI models have been employed to facilitate advancements in hydrogen fusion, enhance the efficiency of matrix manipulation, and generate new antibodies as of 2022.

On the other hand, the environmental implications of AI cannot be ignored. Training large AI models has a substantial carbon footprint. For instance, the carbon emissions produced during BLOOM’s training run were 25 times greater than those of a single air traveler on a one-way trip from New York to San Francisco. To combat these concerns, AI systems like BCOOLER are being developed to optimize energy usage, reflecting the industry’s growing awareness of its environmental responsibilities.

AI Adoption and Investment

AI adoption rates among companies have plateaued, but those that have adopted AI report realizing substantial cost savings and revenue boosts. The demand for AI-related professional skills is soaring across virtually all American industrial sectors, reflecting the pervasiveness of AI technology in the modern business landscape.

However, 2022 marked the first time in the last decade that year-over-year private investment in AI has decreased. While this could signal a cooling off after a period of significant hype and investment, it could also suggest a shift in focus towards consolidating and maximizing the use of existing AI technologies.

AI Legislation and Public Perception

As AI continues to permeate various aspects of society, it has attracted increased attention from policymakers. The number of bills containing the term “artificial intelligence” that have been passed into law has grown significantly since 2016. This trend is indicative of the growing recognition of AI’s impact and the need for regulatory frameworks to ensure its ethical and responsible use.

Public perception of AI, however, varies widely across countries. A 2022 survey revealed that 78% of Chinese respondents believed that products and services using AI offer more benefits than drawbacks. Conversely, only 35% of Americans held the same view. These statistics highlight the differences in societal attitudes towards AI, underscoring the need for ongoing dialogue about the technology’s risks and benefits.

In conclusion, the state of the art in AI as of 2023 is a testament to the rapid strides made in the field, characterized by significant advancements, opportunities, and challenges. As AI continues to evolve, keeping pace with its developments will be crucial to harnessing its potential responsibly and beneficially. A nuanced understanding of its impacts is necessary for developing strategies that maximize benefits while mitigating risks, shaping a future where AI serves as a catalyst for positive change.

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Christian Baghai
Christian Baghai

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