Generative AI is a rapidly developing field of artificial intelligence that is capable of producing text, images, and other creative content. In recent years, there have been significant advances in generative AI, and experts now believe that the technology could achieve human-level performance in some technical capabilities sooner than previously thought.
How soon until #generativeAI matches median human performance across a range of activities? Sooner than some may think.
What sectors stand to gain the most value from this transformative #technology?
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— McKinsey & Company (@McKinsey) September 7, 2023
The image above shows a chart from a McKinsey Global Institute report that compares expert estimates of the level of human performance achievable by technology in various technical capabilities before and after recent advances in generative AI. As you can see, the median estimate for when technology will achieve human-level performance in coordination with multiple agents, creativity, logical reasoning and problem solving, natural language generation, and natural language understanding has all decreased significantly since 2017. Here is a brief summary:
- As a result of generative AI, experts assess that technology could achieve human-level performance in some technical capabilities sooner than previously thought.
- The chart compares expert estimates of the level of human performance achievable by technology in various technical capabilities before and after recent advances in generative AI.
- The median estimate for when technology will achieve human-level performance in coordination with multiple agents, creativity, logical reasoning and problem solving, natural language generation, and natural language understanding has all decreased significantly since 2017.
- Recent advances in generative AI have led experts to believe that the technology could achieve human-level performance in some technical capabilities sooner than previously thought.
- The chart shows that the median estimate for when technology will achieve human-level performance in coordination with multiple agents, creativity, logical reasoning and problem solving, natural language generation, and natural language understanding has all decreased significantly since 2017.
- This suggests that generative AI has the potential to revolutionize many industries and professions.
- These advances in generative AI have the potential to revolutionize many industries and professions. For example, generative AI could be used to create more realistic and engaging video games, develop new drugs and treatments for diseases, and even write creative content such as poems, stories, and scripts.
Of course, there are also some potential risks associated with generative AI. For example, if the technology is not used responsibly, it could be used to create fake news, propaganda, or even deepfakes that could damage people’s reputations. It is important to carefully consider the potential benefits and risks of generative AI before deploying the technology in any given application.
Overall, generative AI is a powerful new tool that has the potential to significantly improve human performance in many areas. However, it is important to use the technology responsibly and ethically to avoid any potential negative consequences.
We are still in the early days of generative AI, but the technology has the potential to change the world in many ways. It is an exciting time to be involved in this field, and I am eager to see what the future holds.