A Microsoft-backed AI tool replaces crypto as the hot Davos technology topic.

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The Open AI logo is seen with the ChatGPT website on a mobile phone in this photo in Brussels, Belgium on Dec. 12, 2022.

Jonathan Ra | Nurphoto Getty Images

Attendees at the annual World Economic Forum couldn’t get enough of a new development in the field of artificial intelligence: generative AI.

According to Priya Lakhani, CEO of online learning platform Century, teachers flocked to social media moments after ChatGPT talked about AI and how it could impact the education sector.

“It’s really amazing. What I’ve seen in social media conversations is that there are educators who look at it as adaptive, and that’s amazing,” Lakhani said on a WEF panel discussing the potential and pitfalls of generative AI.

“After the pandemic, they’re over the digital fatigue, they’re interested in the technology, they’re using learning management systems, they’re using virtual learning environments, and they’re thinking, OK, how can we use this and how can we use it as an enabler across different contacts.”

Most machine learning tools rely on existing data and identify patterns in the data to pick trends or arrive at preferred results. Recommendation algorithms on social applications Facebook And TikTok serves ads based on users’ browsing behavior.

Generative AI tools like ChatGPT and Dall-E stand out from the crowd with their ability to take data inputs and create new content. People have used the technology to generate everything from college essays to artwork.

Using services like Lensa AI to transform selfies into various sci-fi and anime-inspired avatars has proven popular.

Generative AI has huge implications for the way children learn, Lakhani said, adding that the technology has increased the risk of fraud and cheating.

“Then you’ll get the skeptics you’ll never fear, won’t you?” She said. “They’re scared because they’re thinking, they’re staying, kids are cheating on their homework. This has real-world implications.”

AI the new crypto?

This week at the WEF Forum in Davos, Switzerland, Creative AI Arguably, it will replace crypto and the so-called “Web3” as the technology of choice for top business executives and policy makers.

Crypto companies took over at Davos last year, but since the market’s exit from 2022, they haven’t had much of a bright storefront presence at the conference — save for a lone bright orange bitcoin truck.

“Generative AI has great potential,” Sony Computer Science Laboratories CEO Hiroaki Kitano said at Tuesday’s Generative AI panel.

“This is not something that just happens suddenly. We have a long history of deep learning,” Kitano said. “This is a continuous evolution of AI capabilities.”

Microsoft Billions are being gambled on generative AI in the hope that it will transform business — and more. Last week, Semaphore news website reported that the company plans to invest $10 billion in ChatGPT creator OpenAI in a deal that values ​​it at $29 billion.

Microsoft has already plowed $1 billion into open AI, which was founded in 2015 by tech entrepreneurs Elon Musk and Sam Altman.

Not everyone believes in the billions of people suddenly swirling in generative AI.

Breyer Capital founder and CEO Jim Breyer believes that Microsoft’s open AI investment has been good for the company from a strategic perspective — but Redmond’s technology is paying off big.

“To me, it’s a sign of a bubble. It’s a strategic deal for Microsoft, and they’re going to connect with Google and others very quickly,” Breyer told CNBC’s Sarah Eason on Thursday.

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“But I can’t confirm the valuation as a private investor.”

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ChatGPT limitations include factual errors. Sonny Kitano says it’s important to be aware of those limitations.

“At the same time, we see many limitations. If you ask ChatGPT a specific question, sometimes the answers are amazing. But if you go into details, all the facts may not be so accurate,” he said.

“If you go back and open the PC and ask yourself, ‘Whoa, I don’t understand this,’ there’s all kinds of things going on there.”

Unraveling the dark side of AI

Without directly confirming the investment Tuesday, Microsoft chief Brad Smith said generating tools like ChatGPT have sparked discussions about legal and ethical issues.

“What one has to begin to imagine is, what are the different ways this technology can be used? How can it be used for good, how can it be used to create challenges?” Smith spoke on a panel hosted by CNBC’s Karen Tso on Tuesday.

One concern is that generative AI may become a desirable tool for hackers and other bad actors, such as online disinformation operators.

Cyber ​​security institute Checkpoint researchers say that it is chatgpt It is already used by hackers to create common types of malware.

“We might find it a more important topic because people are thinking about the future of data, about the potential impact of it, about people creating disinformation and combating it,” Smith said.



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