AI—The Familiar Promise of the One Ring
Generative AI (GenAI) has raised quite a stir in the past three years, pun intended. Trained, very arguably, on the ‘entire internet’, these models not only effortlessly breached the Turing Test barrier but today, laypersons are even using them as appeals to authority: ‘@Grok, is this true?’, or journalists quoting AI as ground truth for fact checks. The machine heuristic is still at play: AI is assumed to be unbiased, objective and rational. The hype around AI is palpable too: it being the panacea to the world’s problems and sparking debates on future need for universal basic income, even as hungry data centres gobble up gargantuan quantities of RAM and chips. However, trillions of dollars need to take stock first.
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