Will GenAI technology ever justify the heavy investment being made?

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With humans outperforming the technology in a recent exploratory trial, equipping such systems with the autonomy to carry out their own actions raises questions of practicality, ethics and philosophy

, the British mathematician who broke the German Enigma encryption code during the second World War, devised what has become known as the Turing test to determine whether a machine is capable of imitating human-like intelligence. Recently an Australian government senate committee used his fabled test to assess whether a generative, the committee held a five-week exploratory trial in which public submissions to a parliamentary inquiry were summarised by both a chosen LLM and by humans.

Your work questions answered: Is ill-health retirement or income protection with pension the right route for me? Microsoft’s capital expenditure is up 75 per cent year on year, and the company sunk almost all of its second-quarter profits – some $22 billion – back into cloud and GenAI investment. Alphabet has been less forthright about its GenAI investments, but admits its capital expenditure will be “notably larger” this year than last. Amazon is similarly guarded but has so far spent $30 billion on capital expenditure this year compared to $48 billion in 2023.

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