Gavin Baker on AI platform shift, risks, and Nvidia outlook | E1764

Impact and Potential of AI

• 📱
  The iPhone, the internet, and cloud computing were all new methods of distribution, but AI is fundamentally different and not just a new distribution channel.
• 💥
  "It's much more akin to the invention of the rotary steam engine in 1769 which spawned the whole Industrial Revolution and changed every aspect of life and 90% of people used to work basically in agriculture. Now it's less than one percent and I think it's that level of Social and structural change that we are looking at and this is the first fundamentally new thing in technology in more than 10 years and it is for sure in my mind going to be bigger than the internet, I get somewhere between the internet and the invention of fire."
• 💪
  The speaker believes that technology has the potential to extend human life to 185 years, reshuffling the deck for all of Tech.
• 💥
  The concept of compounding in the development of GPUs and software for AI will lead to enormous advancements and a potential step function in the next generation of chips.
• 🧠
  Deep learning and neural networks have been around for a long time, but only recently became successful due to advancements in computing power and availability of data.
• 🤔
  The exponential age and compounding in AI development present exciting possibilities, but also raise concerns about the potential for a "hard takeoff" where AI rapidly surpasses human capabilities.
• 🌍
  The development of AGI, like GPT-4, has the potential to improve itself recursively, leading to exponential advancements in intelligence and capabilities.
• 💬
  The rise of AI language models like Transformers and GPT code interpreter means that human language is now the programming language for machines, eliminating the need for coding expertise.
• 📱
  "All of content is going to be personalized, questioning the value of the content that social media depends upon."
• 😱
  According to Gavin Baker, experts in the field estimate a 5-10% chance of AI causing extinction for humanity in the next 10 years.

Societal and Regulatory Implications

• ⚡
  ️ The implementation of renewable energy sources like solar, wind, and nuclear power can lead to negative energy costs, where excess energy needs to be burned off, highlighting the potential of sustainable energy solutions.
• 📰
  Leaders in Washington are considering legislation to hold software companies accountable for security and privacy issues, indicating a potential shift in regulations surrounding data protection.
• 💰
  The cost of cyber crime is expected to reach eight trillion dollars globally this year, highlighting the significant financial impact of cyber attacks.