AI is Entering an Era of Corporate Control

An annual report on AI progress has highlighted the increasing dominance of industry players over academia and government in deploying and safeguarding AI applications. From a report: The 2023 AI Index -- compiled by researchers from Stanford University as well as AI companies including Google, Anthropic, and Hugging Face -- suggests that the world of AI is entering a new phase of development. Over the past year, a large number of AI tools have gone mainstream, from chatbots like ChatGPT to image-generating software like Midjourney. But decisions about how to deploy this technology and how to balance risk and opportunity lie firmly in the hands of corporate players. The AI Index states that, for many years, academia led the way in developing state-of-the-art AI systems, but industry has now firmly taken over. "In 2022, there were 32 significant industry-produced machine learning models compared to just three produced by academia," it says. This is mostly due to the increasingly large resource demands -- in terms of data, staff, and computing power -- required to create such applications.

Read more of this story at Slashdot.