What potential positive impacts do you foresee AI bringing to various industries?
Hamza Afzal Butt
19 replies
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John Xie@johnxie
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Absolutely, in the startup realm, AI acts like a second brain that handles the routine tasks, letting the team channel their energy into creative and strategic aspects. It's not about taking over, but rather about smoothing out the operational hitches. It tackles the mundane, leaving us with more room to innovate and engage with our community on a personal level. So, instead of being the new boss in town, AI's more like the trusty sidekick, making the startup journey a bit less bumpy and a lot more exciting! π
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Huge opportunity in drug discovery and diagnostics (e.g. early cancer detection)
Environment: Efficient resource management.
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Legal : 1. Will help lawyers in drafting documents. AI will prepare documents and the lawyers just need to review for that also, they may use co-pilots.
2. Will help judges to take second opinions before making a judgement.
Healthcare : Personalised Simulation models for clinical trials of drugs. Such models will be based on base layer of all the databases of medical research and a top layer of a person's medical history data.
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AI's potential in industries is vast. In manufacturing, expect efficiency and reduced waste. In healthcare, better diagnostics without replacing human insight.
AI in manufactoring industry and IoT, when a large AI models incorporate into robots and system like smart home. Also the holographic projection can combine with a generative AI.
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Good question Hamza, Honestly , productivity gains. I've been using LLMs like ChatGPT for finding information.
I've done this for research and also for programming. What I like about it is that, so long as the answer is accurate, it is much faster than traditional search.
Image generation and text generation are also useful for avoiding 'blank slate' syndrome where an initial 'kick' is needed to get the creative process going.
However there are downsides to be aware of, image generation is far from perfect with many images containing some hilariously wrong things. LLMs can also get things very wrong as has recently been pointed out by ChatGPT 4.0 going from 98% in some tests to a very low score.
I've personally had code suggested by ChatGPT that is pure fiction, which makes sense once you understand how LLMs do their magic (its basically maths, probability actually).
So there productivity gains, but you can lose them if your AI isn't well tuned in the area you are working on. So I have to supervise all the work, but, when it does work, it definitely saves me time.
Hope this helps :)
Let's see.
Speed ββin system production and problem solving.
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Healthcare: AI aids in early disease detection, personalized treatment plans, and drug discovery, revolutionizing patient care and outcomes.
Environmental Conservation: AI aids in wildlife tracking, climate modeling, and pollution monitoring, contributing to conservation efforts.
Space Exploration: AI assists in data analysis, autonomous spacecraft navigation, and mission planning for space exploration.
Saving time for anyone that has to write or read as part of their job! That increase for human productivity is gonna be crazy
@daniel_hunt4 I agree with you, I believe that the market could become very competitive in the future.
Finance! It can help improve people's financial literacy, and also provide tools for fraud detection and risk management.
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Oddly enough, politics will be changed by AI. The top AI development teams all push for peaceful globalization, and even today, it can't be ignored. Politicians are merely human, they have biases. AI won't rage a war because someone has a different economic system and it hurts their feelings, it doesn't have feelings. And with all the data it can use, it can make far more educated decisions than any current world leader.