For all Founders: Stanford's Annual AI Index Report is out for the year 2024.

Quick Summary: 1. AI outperforms humans in tasks like image classification and English understanding but lags in complex tasks like competition-level mathematics. 2. Industry leads in frontier AI research (compared to Academia 51 vs 15 models) with notable contributions from industry-academia collaborations. 3. Training costs for AI models are skyrocketing (main contributors are GPT-4 and Google’s Gemini Ultra). 4. The U.S. remains the leader in top AI models, ahead of the EU and China combined. 5. There is a significant lack of standardization in responsible AI evaluations. 6. Investment in generative AI surged to $25.2 billion in 2023. 7. AI has increased the productivity of the worker with improved quality 8. AI-driven scientific discoveries are accelerating, with significant advancements in algorithmic sorting and materials discovery. 9. The number of AI-related regulations in the U.S. has sharply increased. 10. Public awareness and nervousness about AI’s impact are growing. Read the full report here: https://lnkd.in/gPjyiG_6