What you need to know
- OpenAI recently launched a series of new next-gen AI models with advanced reasoning capabilities across coding, math, and science.
- Per benchmarks shared, OpenAI o1 and o1-mini are exceptionally great at coding and have passed OpenAI’s research engineer hiring interview for coding at a 90-100% rate.
- This raises more concern among professionals and the security of their jobs with the rapid prevalence of AI and its capabilities.
As a lifelong tech enthusiast who has witnessed the evolution of technology from the early days of dial-up internet to the era of artificial intelligence, I must say that the latest developments in AI are nothing short of mind-boggling. The rapid advancements in this field have always intrigued me, but they also leave me with a mix of excitement and apprehension.
Is artificial intelligence merely a passing trend, or is it on the brink of a groundbreaking technological leap? Recently, AI has been making headlines at leading technology firms such as Microsoft, Google, OpenAI, NVIDIA, and others.
By the way, many of these firms have reached the pinnacle due to their quick embrace of technology and widespread use of AI within their infrastructure. As a result, several of them have momentarily held the title of the world’s most valued companies, with market capitalizations exceeding $3 trillion.
In spite of increasing worries about AI’s energy needs and water consumption, as well as concerns among investors, businesses persist in their AI ventures. Reports suggest that OpenAI was teetering on the edge of bankruptcy within a year, anticipating $5 billion in losses.
Instead, these companies – Microsoft, NVIDIA, and Apple – are planning to invest again, aiming to sustain ChatGPT’s operations. This could potentially drive up its market value, surpassing the $150 billion mark.
Microsoft’s most recent Work Trend Index study reveals a surprising finding: artificial intelligence (AI) actually fosters job opportunities. However, this growth in employment is contingent upon executives seeking candidates with proficiency in AI technologies. As a result, there has been a significant surge – approximately 142 times the normal rate – of LinkedIn members enhancing their profiles by listing skills such as Copilot and ChatGPT.
Recently, it appears that coding, alongside many other creative professions, is being viewed as potentially vulnerable to displacement by artificial intelligence (AI). Jensen Huang, CEO of NVIDIA, even suggested that coding may not be a sustainable career choice for the upcoming generation due to the increasing influence of AI. He encourages exploring alternative fields such as biology, education, manufacturing, or agriculture instead.
Amazon Web Services CEO Matt Garman echoed Huang’s sentiments:
In approximately two years from today, there might be a possibility that the majority of developers won’t be writing code anymore.
OpenAI’s new advanced reasoning models blow engineers out of the water
It’s plausible that AI may redefine the programming terrain, potentially taking over jobs from developers, given that OpenAI has recently unveiled a series of innovative AI models (referred to as Strawberry). These new models are said to possess advanced reasoning skills not only in science and mathematics but also in coding. The models, specifically OpenAI o1 and o1-mini, have been reportedly proficient at writing and identifying mistakes within code.
While observing a recent conversation, I noted that OpenAI’s Chief Technology Officer, Mira Murati, emphasized the swift growth of artificial intelligence and its influence on the employment sector. She suggested that AI not only generates new job possibilities but also makes certain occupations obsolete.
Perhaps certain artistic roles could become obsolete, but perhaps those positions were unnecessary to begin with, especially when the output lacks a significant level of quality.
As an analyst, I find myself pondering over two intriguing pieces of information. Firstly, a report hints at potential disruption in the banking sector, with about 54% of jobs potentially automatable via AI. Secondly, during OpenAI’s Spring event, their GPT-4 model demonstrated similar capabilities, but it appears that OpenAI’s models, particularly the o1 and o1-mini, show even greater advancements in this field.
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2024-09-16 16:39