Large language models have a keen appetite for electricity. The energy used to train OpenAI’s gpt-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one estimate, today’s biggest models cost $100m to train; the next generation could cost $1bn, and the following one $10bn. … Read more
Generative artificial intelligence (AI) has caused a creative explosion of new writing, music, images and video. The internet is alive with AI-made content, while markets fizz with AI-inspired investment. OpenAI, which makes perhaps the most advanced generative-AI models, is valued at nearly $90bn; Microsoft, its partner, has become the world’s most valuable company, with a … Read more
GENERATIVE ARTIFICIAL INTELLIGENCE (AI) will transform the workplace. The International Monetary Fund reckons that AI tools, which includes ones that produce text or images from written prompts, will eventually affect 40% of jobs. Goldman Sachs, a bank, says that the technology could replace 300m jobs worldwide. Sceptics say those estimates exaggerate. But some industries seem … Read more