2024 Market Outlook: Thematic #1
The Dawn of a New Era in Artificial Intelligence
Thematic #1: A.I. or Artificial Intelligence
It's becoming ever more apparent just how integral AI is and will continue to be in our lives. With each passing day, we witness groundbreaking advancements in the field. Just today, there was a breakthrough with Figure's humanoid robots, showcasing remarkable strides in their learning capabilities. This year, we can anticipate that the synergy of humanoid robotics and AI will be a constant headline maker, possibly becoming a daily fixture in the news cycle.
Continuing with the theme of rapid advancement, consider the fact that ChatGPT 3.5 was released November 30, 2022 and stunned much of the world with its capabilities.
And then barely 4 months later ChatGPT 4 was released.
ChatGPT 4 is 10 times smarter than ChatGPT 3.5 and has a human equivalent IQ of 155 (Einstein: ~160) while having access to and knowledge of nearly every academic topic known to man.
In a recent video, I pointed out that electric circuits function 1 million times faster than biochemical circuits (the human brain) and due to the advent of supercomputing we now have petaflop and even 1000 petaflop capable supercomputers.
(1 petaflop = a unit of computing speed equal to one thousand million million (1015) floating-point operations per second)
So by extension, a group of MIT or Stanford researchers working together would stand no chance against an equally smart AI. Given 1 week to advance technology or human progress the small group of researchers would make a small dent in the big scheme of things.
The AI with comparable IQ but vastly superior compute would advance human progress by 20,000 years (in the span of a week). The question then becomes how far away are we from having AI with comparable intelligence to a group of Stanford or MIT scientists?
Meanwhile, GNoME an AI tool powered by Google’s DeepMind discovered 2.2 million new crystal structures and 380,000 of those will likely lead to new technologies and new materials/structures.
