What’s Different About AI This Time?

Vaibs Kumar, Senior Vice President of Technology Strategy at IFS, discusses the current pinnacle of excitement surrounding AI advancements, particularly in deep learning and transformer models, which have burgeoned over the past decade. While it's anticipated that expectations will undergo a corrective phase, there's a notable distinction this time around, which Vaibs refers to as "AI prevalence."

He draws parallels with the advent of Google's search engine in 1998, initially underestimated but eventually becoming a ubiquitous tool by the addition of Universal Search in 2007. Similarly, Vaibs sees the launch of ChatGPT as a significant milestone in history, likening it to the widespread accessibility of Google. ChatGPT represents the most advanced natural language interface to date and continues to evolve, marking the first instance of AI being integrated into everyday internet usage tangibly. While platforms like Facebook and TikTok have possessed sophisticated AI capabilities for years, they have largely operated in the background until now.

Read the article from IFS here.