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We’re beginning to see the early stages of that trend pick up pace: In 2022, 34% of job tasks were completed by machines versus 66% by humans, according to the World Economic Forum’s “The Future of Jobs Report 2023”. By 2027, that ratio is expected to increase to 43% of tasks completed by machines and 57% by humans.

“On the one hand, yes, it’s scary to envision a world in which almost no job is safe from automation or from robotics. But the important thing to keep in mind is that through this kind of creative destruction process, while jobs will certainly be lost in some areas, there also will be jobs that will be gained.”

Despite those concerns, investors are looking for ways to bet on the growth of robotics. And according to the International Federation of Robotics, they don’t have to look very far. The US is home to the most suppliers that manufacture service robots and is well-positioned to cater to the rapidly growing global demand for robotics. The annual installation of industrial robots is expected to grow by about 30%, from 553,000 installations in 2022 to 718,000 in 2026.

Google CEO Sundar Pichai has admitted that the generative AI boom caught Google by surprise.

During an event at Stanford University earlier this month, the tech boss said his company was “surprised” by the sudden public interest in AI.

Continue reading “Sundar Pichai admits the generative AI boom took Google by surprise” »

That led the Microsoft Research machine learning expert to wonder how much an AI model could learn using only words a 4-year-old could understand – and ultimately to an innovative training approach that’s produced a new class of more capable small language models that promises to make AI more accessible to more people.

Large language models (LLMs) have created exciting new opportunities to be more productive and creative using AI. But their size means they can require significant computing resources to operate.

While those models will still be the gold standard for solving many types of complex tasks, Microsoft has been developing a series of small language models (SLMs) that offer many of the same capabilities found in LLMs but are smaller in size and are trained on smaller amounts of data.

Researchers at Quebec AI Institute (Mila) have released, a technique that can turn any decoder-only LLM into a universal embedding model.

Hey Meta, look and tell me where you see this all going.

If you’re considering how your organization can use this revolutionary technology, one of the choices that have to be made is whether to go with open-source or closed-source (proprietary) tools, models and algorithms.

Why is this decision important? Well, each option offers advantages and disadvantages when it comes to customization, scalability, support and security.

In this article, we’ll explore the key differences as well as the pros and cons of each approach, as well as explain the factors that need to be considered when deciding which is right for your organization.

MIT researchers have unveiled a new chip designed to protect sensitive data in health-monitoring apps and AI-powered devices.

Discover Menteebot, the headless AI-enabled household chore robot developed by Mentee Robotics.

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About the video: Will robots replace us? Apptronik, creator of the general purpose robot Apollo, has crafted a product that would only take the undesirable tasks away from humans.

Continue reading “Meet Apollo, the real-life robot who wants to give you more free time | Hard Reset” »