Waves of AI: How Did We Reach This Point?

Author
Rantej Singh
Published
July 9, 2024
AI has rapidly evolved from deep learning breakthroughs to today’s generative models, capable of creating text, images, and music. As we move toward General AI, machines may soon perform diverse tasks like humans, transforming industries and raising ethical questions.


 
Today, we’re in the era of generative AI, where algorithms don’t just recommend content—they create it.

 


It feels like AI has taken a giant leap forward in the past year, but the journey here has been decades in the making. Here’s a short summary of the major advances that led us to this point of inflection.

While the concepts of AI were formulated many decades ago, significant advancements began around 2011. Google’s research on using deep learning to categorize videos revealed that machines could ‘see’ images better than humans, sparking an entire new field of research, including self-driving cars.

The next wave brought recommendation engines. eCommerce giants like Amazon, OTT platforms like Netflix, and content-sharing platforms like YouTube began using algorithms to recommend products and content. Social media platforms like Facebook and Twitter further amplified this, creating personalized content bubbles based on individual biases.

Today, we’re in the era of generative AI, where algorithms don’t just recommend content—they create it. AI can now generate text, images, videos, and music, transforming how we interact with technology.

So, what’s next? The future wave is expected to be General AI, which will transcend specific tasks and think and act horizontally like humans. This AI would be equally adept at creating music, driving autonomous cars, and conducting original research in quantum mechanics. But how far away is that future? Opinions vary widely, with some predicting it in 5 years and others in 20. And what will be the ethical, economic, and social implications of such advancements? Only time will tell.

Let’s stay tuned to these exciting developments and consider how they will shape our world.

The future of generative AI is just beginning—

                 Are you ready for the transformation?

Please don’t forget to follow us for more news about Elisa and the exciting world of AI chatbots.

 

You can schedule a free consulting session with us to learn more about how AI can help your business

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Rantej Singh
Rantej Singh is the founder of eligere.ai. Rantej has 20 years of experience working with MNCs like Bank of America Merrill Lynch, Thomson Reuters and ICICI Bank in Trade Finance, Product and Innovation roles. Rantej is a serial entrepreneur with deep understanding of the digital product lifecycle ecosystem. Rantej is a co-author of a finance book and a triple medal winner at US Open Karate Championship. Rantej has a Bachelor of Technology degree and is an MBA from IMD - Switzerland.

You can schedule a free consulting session with us to learn more about how AI can help your business

Please don’t forget to follow us for more news about Elisa and the exciting world of AI chatbots

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