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338: From Extraction to Understanding: Martin Goodson, CEO of Evolution AI, on Why AGI Is The Wrong Goal

Jun 2, 2025
Martin Goodson, CEO of Evolution AI and former Oxford researcher, shares his fascinating journey from biological data to pioneering AI in optical character recognition. He discusses the shortcomings of traditional OCR and how contextual understanding transforms document intelligence. The conversation touches on the importance of domain knowledge in financial analysis and the challenges of accuracy in AI, particularly with numerical data. Goodson questions the pursuit of AGI, advocating for AI systems that enhance human capabilities rather than mimic them.
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INSIGHT

Beyond OCR: Document Understanding

  • Combining visual and linguistic context unlocks deeper document understanding beyond OCR.
  • Large language models can integrate cross-domain information and background knowledge, improving financial analysis.
INSIGHT

Complementary Strengths of OCR and LLMs

  • OCR is precise in extracting characters but lacks true document understanding.
  • Large language models have understanding but are prone to hallucinations, requiring combined techniques for accuracy.
INSIGHT

Challenges with Numbers in LLMs

  • Numbers pose a greater challenge than language for LLMs, leading to errors and hallucinations.
  • LLMs understand financial language well but struggle with precise numerical accuracy.
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