ABC News Daily
What to expect from AI in 2025
Jan 19, 2025
Toby Walsh, Chief Scientist at the UNSW AI Institute, explores the upcoming transformations in artificial intelligence and their societal impact. He delves into how AI could revolutionize mundane tasks with innovations like robot vacuums. The conversation also highlights the challenges of regulating AI while fostering innovation and the potential job displacement risks for freelancers. Walsh emphasizes the importance of adapting to AI tools for productivity, raising awareness about the fine line between creativity and misinformation in AI-generated media.
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Quick takeaways
- The unprecedented investments in AI are revolutionizing technology across platforms, enabling significant advancements and fostering a competitive global landscape.
- While AI offers transformative benefits in workflow efficiency, it also raises serious concerns about job displacement and the spread of misinformation.
Deep dives
Significant Investments in AI Development
In 2024, unprecedented investments were made in artificial intelligence, with approximately $1 billion spent daily. This escalated funding accounted for 20% of the world's entire research and development budget, leading to rapid advancements across various tech platforms. AI technologies proliferated within apps, phones, and computers, enabling processes like generating realistic voices and texts, as well as contributing to significant scientific achievements, such as the discovery of new antibiotics. This investment not only facilitated remarkable innovations but also sparked a competitive race among countries and companies to develop superior AI models.
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