'It’s conceivable that within the next ten years, AI systems will exceed expert skill level in most domains...'
In fact, researchers at Microsoft, the tech giant which has invested billions of dollars in OpenAI, released a paper that suggested that GPT-4 has made great progress in applying common sense and can reason like humans. The paper drew sharp criticism for an ‘overreaching claim’ because the large language model still has multiple limitations.
Calling for public input on the ‘existential risk’ posed by AI, Altman added, “We believe people around the world should democratically decide on the bounds and defaults for AI systems.” OpenAI’s launch of its chatbot ChatGPT in November last year gave birth to a generative AI revolution. Every tech company on Earth has been scouting to make amends to its existing technology with AI or coming up with new AI tools in what is now a greatly competitive market. While AI is set to impact almost all industries, concerns have been raised about the unknown potential of AI.
To address this, Altman, on May 16, appeared before Congress, seeking to further the technology's advantages while limiting its misuse. He suggested that the U.S. should consider severe licensing and testing requirements for the development of AI models, as
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