Stanford's AI Index Report 2024: Impact of AI and Gen AI on business, economy, and work life

10 key takeaways and more impact of AI and Gen AI on economy, business, and work life, from Stanford's comprehensive AI Index Report 2024! Uncover the latest trends, industry leaders, and the future of AI technology. 🌐🤖
🌟What You Will Learn:
- How AI performs on various tasks compared to humans 🧠 vs 🤖
- Industry dominance in AI research and major contributors 🏢
- The high costs of training frontier models like GPT-4 💰
- The US's leadership in top AI models 🇺🇸
- Challenges in evaluating large language models (LLMs) 📝
- Skyrocketing investments in generative AI 📈
- AI's impact on worker productivity and scientific progress 🔬
- Increase in AI regulations and global awareness 🌍
- The role of open source models and their performance 📂
- AI's integration into various industries and job roles 💼
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🎬Quick navigation:
00:00 Introductory Remarks
00:30 AI Index Report 2024 Overview - TOP 10 KEY TAKEAWAYS
06:30 Closed-sourced vs Open-sourced Get AI Models
10:30 Deep dive into Chapter 4: Economy. How AI has impact on economy.
12:20 Harvard Business School Study: People who use AI perform more.
13:50 Two ways of human-AI work relationship: Centaur and Cyborg
15:37 AI-Related Roles in Organizations
17:46 AI Use Cases by Industry
19:25 AI Capabilities in Different Business Functions and Business Units (like Retails, Finance, Legal, etc)
25:46 Most Commonly Adopted AI Use Cases by Function
33:03 AI Use Cases in Software Development
#genai #aiforbusiness #aiusecases #AIReport2024 #StanfordAI #AIResearch #FutureOfAI #MachineLearning #development #developers