The original title of this article was “What’s In A Name? Change Algorithm to Artificial Intelligence & You Have your Answer.” and that about sums up the point. It is unfair to say that there have not been massive improvements in the amazing field of AI, it is simply that AI is now used as a marketing term for everything from Harley Davidson to McAfee AntiVirus.
Deep Learning is the most interesting AI and receives most of the hype right now. In simplified terms, Deep Learning systems provide a computer with a vast numbers of examples to learn from, which enables it to recognize something it has never seen before using pattern recognition. To be sure, this very impressive and very powerful, but intelligent… nope.
Don’t take our word for it. Watch how “The Oracle of AI” Kai Fu Lee explains that the artificial intelligence (intentionally lower case) you hear about in the media should not be confused with Artificial General Intelligence (AGI) in a new 60 Minutes:
Just because it is highly unlikely that AI driven machines will combine into super ‘smart’ almost sentient beings in the next 50 to 100 years doesn’t mean what we today call AI will not result in meaningful disruption…. it will. The immediate future with AI driven machines will be problematic, especially so for the males of our species.
AI driven systems will displace primarily male dominated jobs, and in vast numbers. If you move things or drive with any sort of routine (think warehouse workers, cleaners, couriers and truck drivers) you will find AI to be a challenge your financial existence.
The power of exponential growth may bring about some dystonian AGI overlords or even a singularity sooner than predicted so there are serious ethical issues and legal precedents we need to give serious consideration to today while we still have full control. However, for the foreseeable future AI is about single task, routine work that humans are not keen to perform. Unfortunately, there are tens of millions of people in those jobs today that will be looking for work tomorrow thanks to AI.
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True Level 5 fully autonomous vehicles are years from reality and will be geofenced or on complete fixed routes for another decade at least. Tesla is stupid to scrap radar. I think they will be required by regulators to have LIDAR if they want to offer full autonomy.