Hey Everyone. Recently I did some research on the current state of the AI market. More specifically on workplace-related tools.
I will have a small piece of the article here, but most of it will be at home on a notion page which will be linked below.
Enjoy!
Background:
Artificial intelligence (AI) is nothing new to today’s society. Having been around for many years, it has mainly operated behind the scenes with autonomous cars and your Instagram algorithm. Not until recent developments has AI become more consumer-facing in areas like copywriting, graphic design, video creation, and much more.
Contents:
Key Information:
In the AI, space many terms and ideas have been misconstrued or bunched together, so in order to clear the air for the rest of this deep dive, I wanted to clear up some stuff.
First, let’s broadly define AI. I find Packy McCormick is one of the best when it comes to dulling down advanced concepts. As he puts it, “AI is a broad bucket of “algorithms that mimic the intelligence of humans,” some of which exist today in machine learning and deep learning, and some of which still live only in the realm of sci-fi”.
Machine learning (ML) is a subset of AI that exists broadly throughout technology today. Put simply, ML works by feeding an AI a large number of data points about a certain topic. The AI then takes this data and puts it to work. Let’s take chess for example, by feeding an AI millions of different situations in chess games, the AI can apply these data points in a game and become unbeatable.
The funny thing is that if you take the same AI and play it in checkers, you will win 9/10. Why? Because most current AI applications run on Artificial Narrow Intelligence (ANI).
Why The Market is Growing Now
TLDR; Recent advancements in the machine learning space like deep learning, neural networks, and Transformers, have allowed for powerful AI’s like GPT-3 to be leveraged in ways that weren’t possible before. What we have been seeing recently in the market is a result of founders leveraging this new technology.
Want to continue reading? Go to the notion page below
Thank you for reading!
Tom