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AI Bubble? MIT Report 95% Companies See Little Return on AI Investments
August 23 - A new report from the Massachusetts Institute of Technology (MIT) warns that 95% of generative AI investments have generated little revenue for companies, with half of the projects ending in failure and only 5% landing in commercialization. Telegraph Media suggests that the market is worried that the AI bubble is on the verge of bursting as a result of this, leading to a 3.5% drop in NVIDIA's share price, a 9% drop in Pallantyre, and a 7% drop in SoftBank. 1AI cites the report as saying that while companies are investing as much as $30 billion to $40 billion in the field (note: current exchange rates are about $215.183 billion to $225.83 billion), the report also suggests that companies are investing as much as $30 billion to $40 billion in the field. ...- 1.1k
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New MIT Study: ChatGPT May Weaken Critical Thinking Skills
June 20 news, according to Time magazine reported on the 18th, the Massachusetts Institute of Technology Media Lab, a new study found that over-reliance on ChatGPT may weaken critical thinking skills, triggering concerns about the impact of generative AI on brain development. The research team recruited 54 Boston-area residents between the ages of 18 and 39, divided into three groups, and used OpenAI's ChatGPT, Google search, and purely handwritten methods to complete multiple SAT (Note: Academic Assessment Test, equivalent to the domestic college entrance exam) essays. The researchers passed... -
MIT Develops New AI Restoration Technology: "Resurrecting" 15th Century Paintings in Three and a Half Hours
June 16, 2011 - A newly developed technology from the Massachusetts Institute of Technology (MIT) has given AI a different approach to restoring famous paintings - by using a removable mask (which can be interpreted as an "AI-generated solid layer") that allows for the reversible restoration of the paintings directly on the painting itself. According to a June 11 report in MIT News, the technology was designed by mechanical engineering graduate student Alex Kachkine, who has a passion for restoring paintings in the traditional hand-painted manner. He noticed that many art museums' collections had been sitting on the shelf for years because of the high cost and time involved in restoration. With this new method... -
OpenAI and MIT Joint Study: Frequent Chatbot Use May Be Linked to Increased Loneliness
March 24 - Frequent use of chatbots such as ChatGPT may be associated with increased loneliness and less time spent socializing, according to a new collaborative study by OpenAI and the Massachusetts Institute of Technology (MIT). The study found that those who spent more time per day communicating with ChatGPT by text or voice tended to exhibit higher levels of emotional dependence on chatbots, more frequent inappropriate use behaviors, and stronger feelings of loneliness. 1AI notes that the findings have not yet been peer-reviewed, but have raised concerns about the potential emotional impact of chatbots. ...- 2.9k
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MIT launches two AI models called "PRISM" to detect pancreatic cancer earlier
Massachusetts Institute of Technology (MIT) announced the launch of two artificial intelligence models called "PRISM" designed to detect pancreatic cancer earlier than traditional methods. Source Note: The image is generated by AI, and the image is licensed by Midjourney. Pancreatic cancer is a dangerous disease. The early detection rate of traditional diagnostic methods is only about 10%, which greatly delays the treatment opportunity. The PRISM system significantly improves this rate. Standard screening criteria can only screen out about 10% cases of pancreatic ductal adenocarcinoma (PDAC), and the relative risk threshold needs to be increased fivefold to achieve. …- 2.8k
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MIT scholars release policy paper on AI governance
An ad hoc committee of MIT leaders and scholars has released a series of policy documents on AI governance, aiming to provide resources for US policymakers to develop a better AI regulatory framework. The main policy document, titled "A Framework for the Governance of American Artificial Intelligence: Building a Safe and Prosperous AI Industry," suggests that AI tools can be regulated by expanding existing US government agencies and emphasizes the importance of defining the purpose of AI tools so that appropriate regulations can be developed. Source Note: Image generated by AI, image license service provider Midjourney "Our country has already...- 4.3k
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