Trillion-Dollar AI Investments Widen Technological Disparity Gap in Industries Like Manufacturing, Finance

Published on 4.1.25

  The rapid advancement of artificial intelligence (AI) is poised to have a profound impact on various industries, with significant investments expected in emerging technologies. According to reports, a trillion dollars are set to be invested in these areas, which could exacerbate the negative consequences of the Technochasm - a term coined to describe the rapid advancement of artificial intelligence. A recent report highlights a significant perception gap between AI capabilities and public perception, with 79% of surveyed researchers disagreeing that current perceptions match reality. This disparity is concerning given the expected impact on industries such as manufacturing, technology, healthcare, finance, and accounting. The use of generative AI models has shown promise in automating tasks, but also raises concerns about accuracy. A report found that even advanced AI models struggle to answer straightforward questions correctly, with less than half of their responses accurate. To address this issue, researchers are exploring techniques such as retrieval-augmented generation (RAG), automated reasoning checks, and chain-of-thought (CoT). The increasing use of AI-powered chatbots and algorithms in banking and finance is also a cause for concern. Roles in customer service, compliance, and risk management are at high risk of disruption due to the automation of tasks such as automated support and credit risk assessment.

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