Robin Li, the founder and CEO of Baidu, recently spoke at the Harvard Business Review Future of Business Conference, shedding light on intriguing AI developments.
A major shift in the AI landscape over the past 18-20 months has been the significant reduction in the hallucination issue with LLM language models. We can now engage in conversations with chatbots and receive relatively reliable answers.
Li perceives the AI industry as facing an inevitable bubble, akin to the dotcom bubble of the 90s, and predicts that only 1% of companies will survive and thrive. It will take another 10-30 years before humans are displaced by AI, urging governments, private sectors, and various organizations to prepare in advance.
Source: The Register
TLDR: Robin Li discusses advancements in AI and warns of an impending bubble in the industry, emphasizing the need for readiness as AI reshapes the workforce.
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