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The era of AI pre-training is nearing its end, according to OpenAI co-founder Ilya Sutskever, who predicts the emergence of AI superintelligence driven by advancements in computing power and synthetic data. He likens data to fossil fuels, suggesting that the current data landscape has peaked. Meanwhile, AI agents are gaining traction in the crypto space, exemplified by the viral success of the memecoin Goatseus Maximus, as Google’s DeepMind introduces Gemini 2.0 to enhance AI's decision-making capabilities.
The rapid advancements in AI, once fueled by the belief in continuous improvement through increased data and computing power, are now showing signs of stagnation. OpenAI"s Orion and Google"s Gemini are experiencing only incremental upgrades, while Anthropic"s Claude model faces delays. Ilya Sutskever, a key figure in AI development, acknowledges a shift from the era of scaling to one of exploration and innovation.
Global AI deal volumes surged to 1,245 in Q3 2024, marking a 24% year-over-year growth, despite a 29% decline in funding from $1B+ rounds. U.S. startups led with $11.4B across 566 deals, while generative and industry-specific AI investments drove confidence, resulting in 13 new unicorns, primarily in generative AI. Challenges remain for enterprises in adopting these technologies at scale, as they must integrate AI into existing workflows while addressing data management issues.
OpenAI is undergoing significant changes, including the reassignment of safety executive Aleksander Madry and the disbandment of its AGI Readiness and Superalignment teams, amid rising safety concerns and scrutiny from lawmakers. Former team members are being reassigned, while Miles Brundage plans to focus on AI policy research externally, emphasizing that neither OpenAI nor the world is prepared for advanced AI. The company is also restructuring its board and has faced antitrust investigations, highlighting the urgent need for effective oversight in the rapidly evolving AI landscape.
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