AI expert: the technology is still only at the 'iPhone 2G, 3G point'

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A top AI expert says the technology is still in its very early phase: 'We're only at the iPhone 2G, 3G point.'

has already made the world obsessed with AI? Think again: the AI hype cycle is just getting started — at least in the view of one top expert., suggested that although AI seemed to have taken over the public consciousness this year, its full potential is far from being realized.Though the Stability AI chief has emerged as one of the more speculative leaders in the AI space, one who is prone to making zany claims , he's not wrong to signal just how much further there is to go on AI.

During the call, Michael Briest, head of European technology research at UBS, suggested that around 6% of earnings calls this year have made mention of AI, while around a quarter of companies in the software sector have done so. corporate America definitely can't help itself from talking nonstop about AI

, with ChatGPT mentioned in at least 153 earnings transcripts reviewed by Insider in the first six months of the year. But that's going to be far, far greater if Mostaque is right: he estimates 50% of all CEOs will make mention of AI by next year. There are a couple of different reasons for thinking this.

 

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