The article discusses the potential impact of AI on productivity and economic growth, drawing parallels to the transformative effect of electricity. Vanguard's global chief economist, Joe Davis, emphasizes the importance of AI in offsetting demographic pressures and driving future economic growth beyond consensus expectations.
Davis suggests that if AI's impact on productivity matches that of electricity, it could lead to a future where economic and financial outcomes surpass current forecasts. The commentary highlights the optimistic outlook for AI's role in shaping the economic landscape and driving innovation in various sectors.
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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.