A.I. is a $1 trillion investment opportunity but will be 'biggest bubble of all time,' CEO predicts

  • 📰 CNBC
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Speaking with UBS analysts on a call last week, Stability AI CEO Emad Mostaque said of AI: 'I think this will be the biggest bubble of all time.'

Speaking with UBS analysts on a call last week, Stability AI CEO Emad Mostaque said of AI: "I think this will be the biggest bubble of all time."

Speaking with UBS analysts on a call last week, Stability AI CEO Emad Mostaque said of artificial intelligence: "I think this will be the biggest bubble of all time." He added that it is still at the very early stages and not ready for mass-scale adoption in industries like banking just yet.Stability AI is the company behind Stable Diffusion, one of the other more popular generative AI tools aside from OpenAI.

Mostaque, its co-founder and CEO, has been accused of making misleading claims about his background, achievements, and partnerships. He disputed the claims one by one in aGenerative AI has captivated the imagination of many an academic, boardroom executive, and even school student, for its ability to produce humanlike language and visual content from scratch in response to user prompts by using vast amounts of data.

However, a more novel form of AI which has come about recently is generative AI, which is used in tools such as the popular AI chatbot ChatGPT, from U.S. tech firm OpenAI, as well as Google Bard and Microsoft Bing Chat, and image generators like Dall-E, Stable Diffusion, and Midjourney.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UBS just updated its 'highest conviction' stock list with picks to beat the marketThe bank says its U.S. and global picks are set to beat the MSCI All Countries World Index — and it has not shied away from taking contrarian positions.
Source: CNBC - 🏆 12. / 72 Read more »