AI is a $9-trillion market, and enterprises have barely begun to touch it
- by ZDNet
- Oct 17, 2024
- 0 Comments
- 0 Likes Flag 0 Of 5
Also: OpenAI's Altman sees 'superintelligence' just around the corner - but he's short on details
"Traditional robotic process automation, embodied by UiPath, has struggled with high set-up costs, brittle execution, and burdensome maintenance," they said. "Two novel approaches, FlowMind (JP Morgan) and ECLAIR (Stanford), use foundation models to address these limitations."
For example, they explained that "FlowMind achieved 99.5% accuracy in workflow understanding." At the same time, "ECLAIR takes a broader approach, using multimodal models to learn from demonstrations and interact directly with graphical user interfaces across various enterprise settings. On web navigation tasks, ECLAIR improved completion rates from 0% to 40%."
Benaich and Chalmers devoted a lot of attention to Nvidia, the leading AI chip producer, and it "remains the most powerful company in the world, enjoying a stint in the $3-trillion club," they observed. "NVIDIA has already booked significant pre-sales on its new Blackwell family of GPUs and is making a strong play for governments, and its ambitions are only growing."
The other elephant in the AI world, OpenAI, also received a lot of space in the report. "OpenAI's reign of terror came to an end, until the Strawberry [o1] landed, doubling down on scaling inference compute," Benaich and Chalmers wrote, citing OpenAI's latest model. "OpenAI maintains its edge following the launch of o1, as planning and reasoning emerge as a major frontier."
Please first to comment
Related Post
Stay Connected
Tweets by elonmuskTo get the latest tweets please make sure you are logged in on X on this browser.
Sponsored
Popular Post
Tesla: Buy This Dip, Energy Growth And Margin Recovery Are Vastly Underappreciated
28 ViewsJul 29 ,2024