The article discusses the current hype cycle in which companies are rapidly incorporating artificial intelligence tools into various industries like logistics, manufacturing, and healthcare. The global AI market was valued at around $200 billion in 2023 and is projected to grow by over 20% annually, reaching close to $2 trillion by 2030. The workforce involved in the AI industry globally is estimated to be in the millions and is expected to expand significantly.
The piece sheds light on the hidden labor behind the facade of autonomous AI, drawing parallels to historical illusions like the 'Mechanical Turk' chess-playing machine. It reveals that sophisticated AI software heavily relies on low-paid workers performing menial tasks for countless hours to train the algorithms. The article emphasizes how AI systems extract more effort from workers, reducing job skills and turning employees into human automatons.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.