Home The Top 3 Takeaways from the AI Index Report 2023 by Stanford University

The Top 3 Takeaways from the AI Index Report 2023 by Stanford University

by Ant Sh
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The Top 3 Takeaways from the AI Index Report 2023 by Stanford University

The AI Index is an independent initiative at the Stanford Institute for Human-Centered Artificial Intelligence (HAI), led by the AI Index Steering Committee, an interdisciplinary group of experts from across academia and industry. The annual report tracks, collates, distills, and visualizes data relating to artificial intelligence, enabling decision-makers to take meaningful action to advance AI responsibly and ethically with humans in mind.

The AI Index collaborates with many organizations to track progress in artificial intelligence. These organizations include: the Center for Security and Emerging Technology at Georgetown University, LinkedIn, NetBase Quid, Lightcast, and McKinsey. The 2023 report also features more self-collected data and original analysis than ever before. This year’s report included new analysis on foundation models, including their geopolitics and training costs, the environmental impact of AI systems, K-12 AI education, and public opinion trends in AI. The AI Index also broadened its tracking of global AI legislation from 25 countries in 2022 to 127 in 2023.

Here are the top 3 takeaways from the AI Index Report 2023 by Stanford University:

  1. The world’s best new scientist … AI?

AI models are starting to rapidly accelerate scientific progress and in 2022 were used to aid hydrogen fusion, improve the efficiency of matrix manipulation, and generate new antibodies.

  1. Industry races ahead of academia

Until 2014, most significant machine learning models were released by academia. Since then, industry has taken over. In 2022, there were 32 significant industry-produced machine learning models, compared to just three produced by academia. Building state-of-the-art AI systems increasingly requires large amounts of data, compute, and money, resources that industry actors inherently possess in greater amounts compared to nonprofits and academia.

  1. The demand for AI-related professional skills is increasing across virtually every American industrial sector

Across every sector in the United States for which there is data (except for agriculture, forestry, fishery, and hunting), the number of AI-related job postings has increased on average from 1.7% in 2021 to 1.9% in 2022. Employers in the United States are increasingly looking for workers with AI-related skills.