Home ยป Baidu CEO Assesses AI Startup Survival: 99% Likely Won’t Survive Bubble, Only 1% Expected to Thrive and Expand

Baidu CEO Assesses AI Startup Survival: 99% Likely Won’t Survive Bubble, Only 1% Expected to Thrive and Expand

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.

More Reading

Post navigation

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Gemini Ultra Evaluation Unveils Parity with GPT-4, Yet Triumph Remains Elusive

OpenAI Announces Press Conference on the Evening of May 13 – Not Your Average Search Engine, Not Your Typical GPT-5

Analyzing Apple’s Disruption in AI Realm: Will they Embrace OpenAI or Forge Ahead?