WorkLab Stanford Professor Erik Brynjolfsson on How AI Will Transform Productivity
40 snips
Mar 22, 2023 AI Snips
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Foundation Models Are Economy-Changing
- Foundation models (like ChatGPT and DALL·E) generate many new types of content previously only humans could create.
- They have emergent capabilities that can transform the economy and create trillions in value.
Three Forces Powering AI Breakthroughs
- Breakthroughs result from a confluence of far more compute, much more digitized data, and better algorithms.
- All three together enable answers and capabilities we couldn't achieve before.
Adapt Fast, Don’t Try To Slow AI
- Speed up organizational adaptation instead of trying to slow the technology's advance.
- Invest in skills, institutions, and laws to close the gap between tech capability and organizational readiness.