For some industries, AI is still mostly a buzzword

Judging by the news and recent anti-AI efforts, for an innocent bystander, it might seem like AI is taking over the world. Artificial Intelligence is often presented as something dangerous we won’t be able to control. It’s almost as if we’re developing an equivalent of a nuclear bomb that can go off on its own at any given moment. While there are some reasons for concern, AI is a buzzword for the most part and is mostly used by marketing teams because it seems to help stuff sell faster nowadays. Nearly all AI apps on the market today rely on machine learning algorithms. In essence, it’s a traditional algorithm with the ability to form its own actions based on provided examples. Cassie Kozyrkov has a helpful kitchen analogy that explains the four steps involved in any machine-learning process. It’s gathering data, feeding it into an algorithm, validating the model, and using it to make predictions. Similarly, you have ingredients, appliances and recipes in your kitchen. Now, there’s a major difference. While the oven is only able to cook the dish, machine learning algorithms can learn how to prepare them, not just cook them. And while that is an impressive engineering feat, experts will rarely say something is an “AI app”. They’ll rather use machine learning or other, more precise terminology. Artificial Intelligence, as a term, is overused, overstated, vague, and simply a buzzword. Don’t fall for it. Where there is movement, there is friction Dust is not settling around ChatGPT. And for a good reason…. Read More