Speaking with UBS analysts on a call last week, Stability AI CEO Emad Mostaque said of AI: "I think this will be the biggest bubble of all time."
Speaking with UBS analysts on a call last week, Stability AI CEO Emad Mostaque said of artificial intelligence: "I think this will be the biggest bubble of all time." He added that it is still at the very early stages and not ready for mass-scale adoption in industries like banking just yet.Stability AI is the company behind Stable Diffusion, one of the other more popular generative AI tools aside from OpenAI.
Mostaque, its co-founder and CEO, has been accused of making misleading claims about his background, achievements, and partnerships. He disputed the claims one by one in aGenerative AI has captivated the imagination of many an academic, boardroom executive, and even school student, for its ability to produce humanlike language and visual content from scratch in response to user prompts by using vast amounts of data.
However, a more novel form of AI which has come about recently is generative AI, which is used in tools such as the popular AI chatbot ChatGPT, from U.S. tech firm OpenAI, as well as Google Bard and Microsoft Bing Chat, and image generators like Dall-E, Stable Diffusion, and Midjourney.