I am back this week after taking a break for the Eid holidays. Recently, the UAE experienced the heaviest rainfall in its history, which posed significant challenges. The UAE leadership stepped forward to address the situation, and civil service departments and volunteers worked tirelessly day and night to support the residents affected by the heavy rain.
This week started with the event ‘MachinesCanSee‘ at the Museum of the Future, Dubai. It was quite a good gathering focused on Artificial Intelligence, and many industry leaders spoke to the audience.
Conference: Machines Can See, Dubai
This week, The #AIIndex2024 Report published through an independent initiative at the Stanford Institute for Human-Centered Artificial Intelligence (HAI), led by the AI Index Steering Committee, an interdisciplinary group of experts from across academia and industry, presents a comprehensive look at global trends in AI.
Key Takeaways:
AI beats humans in on some tasks but not on all
Industry continues to dominate frontier AI research
Frontier models get way more expensive
The US leads China, The EU, and the UK as the leading source of top AI models.
Robust and standardized evaluations for LLM responsibility are seriously lacking.
Generative AI investment skyrockets
The data is in: AI makes workers more productive and leads to higher-quality work
scientific progress accelerates even further, thanks to AI
the number of AI regulations in the United States sharply increases
People across the globe are more cognizant of AI’s potential impact and more nervous
Here are a few charts that can give you the highlights of the AI Index report (source of these charts)
Adoption of AI, organizations are in the race to implement and get benefits. The survey’s findings state that 55% of organizations were using AI in 2023, up from 50% in 2022 and 20% in 2017
Impact on jobs: most people expect AI to change their careers, and 36% expect AI to replace them.
The most expensive training is for Google’s Gemini Ultra, which costs an estimated $191 million worth of compute infrastructure to train, and OpenAI’s GPT-4 costs an estimated $78 million.
AI and Humans: This year’s index report tracked several benchmarks, like tasks in coding, advanced reasoning, and agentic behavior.
Generative AI is taking a significant share of the overall investment in AI from 2023
Risks from AI concern businesses worldwide. Organizations’ top AI-related concerns include privacy, security, and reliability. Although organizations have started taking steps to mitigate these risks, globally, most organizations have mitigated only a small number of these risks.
You can review the AI Index from the IEEE ‘15 Graphs That Explain the State of AI in 2024‘. The AI Index tracks the generative AI boom, model costs, and responsible AI use. The source of the above charts is available here.
Weekly News & Updates…
This week’s AI breakthroughs mark another leap forward in the tech revolution.
AI Policy: The German Federal Office for Information Security publishes the report “Generative AI Models – Opportunities and Risks for Industry and Authorities. Download and go through it from here
Meta Llama 3 is released with 8B and 70B models that deliver new capabilities, such as improved reasoning, and set a new state-of-the-art for models of their sizes. This version significantly improves Llama 2 and demonstrates SOTA performance on various industry benchmarks. The models also achieve reduced false refusal rates, improved alignment, and increased diversity in model responses. It has also enhanced reasoning, code generation, and instruction following.
Many-shot jailbreaking research from Anthropic on a “jailbreaking” technique that developers of large language models (LLMs) can use to evade safety guardrails.
But what is a GPT? Visual introduction to transformers. an excellent visual representation from 3Blue1Brown
Potential of AI
Udio, is an app for music creation and sharing that allows you to generate fantastic music in your favorite styles with intuitive and powerful text-prompting.
Stable Audio 2.0 is a new model that produces high-quality, full tracks with coherent musical structures that are up to three minutes long from a single prompt.
Things to Know
A video on Llama 3 RAG Demo with DSPy Optimization, Ollama, and Weaviate
Build a RAG app using MetaAI’s Llama-3; access detailed steps over here
Reliable, fully local RAG agents with LLaMA3, watch the complete tutorial over here
Explainer: What Is Retrieval-Augmented Generation?
The Opportunity…
Podcast:
This week’s Open Tech Talks episode 132 is “Navigating the Rise of Generative AI: What Every CTO Needs to Know with Kevin Surace”
Uni2TS is a PyTorch-based library for research and applications related to Time Series Transformers. This library aims to provide a unified solution to large-scale pre-training of Universal Time Series Transformers
Torchtune is a PyTorch-native library for quickly authoring, fine-tuning, and experimenting with LLMs.
Data Sets…
Ego-Exo4D dataset for video learning & multimodal perception research. Ego-Exo4D V2 includes more videos, Aria machine perception services, and new annotations.
Here’s what else is happening in Information Technology you should know about:
Mark Zuckerberg on Fighting in the UFC, Meta AI, Legacy, Metaverse & More. A short interview of Mark covering more comprehensive topics, worth listening over here
Forbes’ sixth annual ForbesAI50 companies list is published; check the complete list over here
Hit reply and let me know what you found most helpful this week – I’d love to hear from you!
Until next week,
Kashif Manzoor
The opinions expressed here are solely my conjecture based on experience, practice, and observation. They do not represent the thoughts, intentions, plans, or strategies of my current or previous employers or their clients/customers. The objective of this newsletter is to share and learn with the community.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.