The AI Index, led by the interdisciplinary AI Index Steering Committee at Stanford’s Institute for Human-Centered Artificial Intelligence (HAI), produces an annual report that compiles and visualizes AI-related data, empowering decision-makers to promote responsible and ethical AI advancement.
The key takeaways from the AI Index Report 2023 are as follows:
- Industry surpasses academia: In recent years, industry has taken the lead in releasing significant machine learning models, surpassing academia in terms of quantity.
- Performance saturation on traditional benchmarks: While AI continues to achieve state-of-the-art results, the year-over-year improvement on traditional benchmarks is becoming marginal. New benchmarking suites are being released to address this issue.
- Environmental impact of AI: Research indicates that AI systems can have significant environmental consequences, with some models emitting high levels of carbon. However, there are also efforts to use AI for optimizing energy usage.
- Rising incidents of AI misuse: The number of incidents and controversies related to the ethical misuse of AI has increased significantly since 2012, highlighting the need for awareness and responsible deployment of AI technologies.
- Increasing demand for AI-related professional skills: Across various industrial sectors in the United States, there has been a growing demand for workers with AI-related skills, indicating the importance of AI expertise in the job market.
- Decrease in private investment in AI: In 2022, there was a decrease in year-over-year private investment in AI globally. However, overall AI investment has significantly increased over the past decade.
- Plateau in AI adoption: While the proportion of companies adopting AI has plateaued, organizations that have already adopted AI continue to experience cost reductions and revenue increases.
- Growing policymaker interest in AI: The number of bills containing “artificial intelligence” that were passed into law has increased and mentions of AI in global legislative proceedings have risen significantly since 2016, indicating increased policymaker interest in AI.
- Differing public opinions on AI: Chinese citizens generally have a more positive view of AI products and services, while American respondents were more skeptical, with fewer agreeing that AI has more benefits than drawbacks.
These key takeaways provide insights into the current state of AI, its impact, challenges, and the perspectives surrounding its development and deployment.
AI Advisory Boards 