Generative AI is not the panacea we’ve been promised | Eric Siegel for Big Think+

Eric Siegel has been in the AI field since 1991. He’s “horrified” by the AI hype bubble, but not for the reason you may think. Subscribe to Big Think on YouTube ► https://www.youtube.com/channel/UCvQECJukTDE2i6aCoMnS-Vg?sub_confirmation=1 Up next, Wharton professor: 4 scenarios for AI’s future ► https://www.youtube.com/watch?v=d4f1jqb3Yis Is generative AI the viral sensation we’ve been promised? Headlines are selling it as a panacea, but 30-year AI industry vet Eric Siegel says that’s mostly hype. It may be impressive and introduce efficiencies, but it won’t run the world as we’ve been promised. Predictive AI, Siegel argues, holds all of the transformative potential that we’ve been guaranteed with generative AI and the LLMs that have become increasingly popular. While generative AI works on a low-level of detail and isn’t able to be trusted blindly, predictive AI is fully-autonomous, and can be implemented across a wide range of industries. Here’s why Siegel thinks the actual potential lies with predictive modeling, and why we’re not going to replicate human intelligence in machines anytime soon. Timestamps: 0:00 - The Generative AI illusion 1:05 - Generative AI’s function 3:13 - Generative vs. Predictive 4:21 - The Predictive AI process 6:57 - Moving towards AGI? Read the video transcript ► https://ift.tt/VS4Pd2H ---------------------------------------------------------------------------------- Go Deeper with Big Think: ►Become a Big Think Member Get exclusive access to full interviews, early access to new releases, Big Think merch and more. https://ift.tt/UQJsjDM ►Get Big Think+ for Business Guide, inspire and accelerate leaders at all levels of your company with the biggest minds in business. https://ift.tt/k7NYRPg ---------------------------------------------------------------------------------- About Eric Siegel: Eric Siegel is a leading consultant and former Columbia University and UVA Darden professor. He is the founder of the long-running Machine Learning Week conference series, a frequent keynote speaker, and author of the bestselling Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die.