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Hello everyone 👋
The “State of AI Report — 2024” is out and there is a lot of information to digest. I broke down its insights on the key trends and concerns in the development of AI.
Overview & Importance
The report is a bird’s-eye view capturing the trends in AI focusing on what has changed since 2023. The report covers: research, current breakthroughs; industry, where is AI being used and how is changing businesses; politics, how are governments responding to AI; safety, potential risks and responsible AI; and predictions, what the authors think will happen in 2025.
This report is for anyone who wants to understand the future we’re heading toward. So, grab your cup of coffee, and let’s start.
Research: AI Breakthroughs & Competition
One of the key takeaways from the report is the convergence of perfomance across different AI models. While OpenAI initially held an edge, competitors like Claud, Gemini, and Grok have caught up. This means companies are now competing on features, usability, and pricing, which is good news for consumers and businesses.
The report talks about the surge in multimodal AI research — models that can process and understand different types of data, from text to sounds. This is leading to breakthroughs in humanoids, where they become more adept to understanding and interacting with the physical world.
