How businesses are experimenting with ChatGPT-like services (economist.com) The article discusses how various companies are beginning to use AI tools like ChatGPT to improve efficiency in tasks such as document simplification and toy design. Despite the potential benefits, there are challenges and concerns regarding the integration of AI into business processes and its broader societal impacts.
How businesses are actually using generative AI (economist.com) Since the release of OpenAI’s GPT-4, the technology industry in the U.S. has seen a significant increase in market capitalization, partly fueled by companies like Nvidia experiencing substantial growth due to AI advancements. However, despite high valuations and the integration of AI into big tech operations, actual revenue from AI is still a small fraction of total sales, indicating that much of the market’s enthusiasm may be speculative as companies cautiously explore practical applications of generative AI in various sectors.
ChatGPT could replace telemarketers, teachers and traders (economist.com) Advanced AI tools like ChatGPT are poised to replace many white-collar jobs, potentially making up to 300 million jobs redundant globally as they excel in tasks involving programming and writing. While this shift could boost productivity and labor markets, it also raises concerns about the displacement of human skills and the ethical implications of AI in sensitive tasks.
How businesses are experimenting with ChatGPT-like services (economist.com) The article describes how businesses are increasingly integrating generative AI technologies, like customized versions of ChatGPT, to enhance productivity and streamline operations in various sectors. However, while there is enthusiasm for the potential of these AI tools, there are also significant challenges and concerns regarding their reliability, the handling of sensitive data, and the broader societal impacts of widespread AI adoption.
Generative AI has a clean-energy problem (economist.com) Generative AI, like OpenAI’s ChatGPT, is increasingly demanding more electricity, which poses a challenge to a global energy system already under strain from various high-demand sectors. While data centers have traditionally managed their energy use efficiently, the intensive power needs of AI technologies—far exceeding those of conventional data processes—are prompting concerns about whether the future energy supply, particularly renewable sources, can keep up without compromising climate goals.
What is prompt-engineering for artificial intelligence? (economist.com) Generative artificial intelligence, such as ChatGPT, presents a shift from traditional software by responding to natural language prompts, prompting the emergence of “prompt engineering” as a crucial skill, which involves crafting clear instructions and leveraging techniques like role-playing to guide AI models towards desired outputs, thereby transforming various industries and driving demand for skilled prompt engineers.