Why Investors Don't Want to Put More Money into AI Companies
The speaker discusses the recent developments in the regulation of artificial intelligence (AI) in Brazil, drawing parallels to the European Union's approach. They emphasize that the risks associated with different types of AI should dictate varying levels of regulation. For instance, AI used in healthcare presents greater risks than that used in simple games, so the regulatory framework shouldn't be uniform across the board. The speaker expresses concerns about the complexity of Brazil's proposed legislation and its potential implications on local AI research and adoption. In a related context, Diogo Cortiz, a professor and researcher, joins a podcast to discuss investment in AI companies and its connection to global stock market fluctuations. He explains that the hype surrounding AI has led to significant investments from major tech companies, citing that Google alone invested over $170 million in AI training. However, recent reports from institutions like Goldman Sachs have tempered expectations about AI's impact on GDP growth, suggesting it might be less than previously thought. Despite skepticism, companies like Microsoft continue to invest heavily in AI due to its potential transformative power, indicating the ongoing evolution and rapid advancements within the AI sector. The speaker concludes by noting the ongoing development of smaller, more efficient AI models as a trend to watch.