Last week, we discussed AI's incredible evolution in terms of its performance against humans. Almost across the board, AI has surpassed humans in a range of performance-based tasks, necessitating the development of new, more challenging benchmarks. Arguably, that degree of development could be classed as a 'good.' This follow-up article discusses the not-so-good that has resulted from AI's rapid evolution.
The recently released 2024 AI Index report by Stanford University’s Institute for Human-Centered Artificial Intelligence (HAI) comprehensively examines AI's global impact. The seventh edition of the annual report has more content than previous editions, reflecting AI's rapid evolution and growing significance in our everyday lives.
Written by an interdisciplinary team of academic and industrial experts, the 500-page report provides an independent, unbiased look at the health of AI. We've already spoken about the 'good' – now it's time to tackle the bad and the ugly.
With AI now integrated into many facets of our lives, it must be responsible for its contribution, especially to important sectors like education, healthcare, and finance. Yes, the addition of AI can provide advantages – optimizing processes and productivity, discovering new drugs, for example – but it also carries risks.
