Generative AI experienced a banner year in 2023, with ChatGPT enchanting millions of users and investors keen to pour funds into startups. Others warned more study is needed about the tech's potential risks to humanity. With the winners and losers of the AI era just emerging, Angela Johnston takes a look at what to expect in 2024. - REUTERS
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00:00 Generative artificial intelligence sparked both euphoria and existential dread in 2023,
00:08 as chat-gbt became the fastest growing consumer app ever.
00:14 But as companies injected billions into startups, scientists and AI experts began sounding the
00:19 alarm over AI's potential dangers.
00:22 And here we are for the first time, really, in human history with something that's going
00:27 to be far more intelligent than us.
00:29 To realize the promise of AI and avoid the risk, we need to govern this technology.
00:34 Here's what to expect in the world of AI in 2024.
00:39 From manufacturing to entertainment, nearly every industry has embraced the tech.
00:45 Investors have poured $27 billion into generative AI startups, according to PitchBook.
00:52 One estimate from consultancy PWC suggests AI-related economic impacts could spike to
00:58 almost $16 trillion globally by 2030.
01:03 That's nearly the gross domestic output of China.
01:06 But a key question is whether the future of AI will continue to be deliberated behind
01:11 closed doors by a privileged few in Silicon Valley.
01:15 Regulators are determined to have a say.
01:18 The EU's AI Act aims to establish guardrails for the tech.
01:23 Britain and the U.S. are drafting rules, too.
01:26 I, Joseph Robinette Biden Jr., do solemnly swear.
01:30 2024 is set to be the biggest election year in history.
01:34 And AI could play an outsized role.
01:37 My name is Ashley and I'm an artificial intelligence volunteer for...
01:41 The tech has already been conscripted to make campaign calls in the U.S.
01:46 But there is concern about AI-generated misinformation targeting voters.
01:51 NewsGuard, a company that has a rating system for news and information sites, has already
01:56 found over 600 unreliable AI-generated sites in multiple languages last year.
02:04 The winners and losers of the AI era are only just emerging.
02:09 Civil rights advocates have raised concerns over potential bias in fields such as recruitment.
02:16 Unions worry about AI eliminating some jobs altogether, like writing computer code or
02:22 drafting entertainment content.
02:25 Among the winners, chipmaker Nvidia, whose processors are the hottest commodity in the
02:30 global AI race.
02:33 And then there's Sam Altman.
02:34 In the final months of 2023, the CEO of OpenAI, the non-profit behind ChatGPT, was ousted
02:43 only to be brought back days later.
02:45 The spectacle became a debate over Altman's push to commercialize AI versus a slower approach.
02:53 Team Altman won.