03:55:15 EDT Sun 19 May 2024
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Globe says Microsoft-back OpenAI ChatGPT "disruptive"

2024-01-15 08:29 ET - In the News

The Globe and Mail reports in its Saturday, Jan. 13, edition that the most important indicators to watch will be those that help us understand the adoption and effects of artificial intelligence. The Globe's guest columnist Danielle Goldfarb writes that this is not easy to measure and not factored into our economic models. There was a rapid acceleration in search interest in Microsoft-backed OpenAI's ChatGPT in the fall. Mr. Goldfarb says this gives us an indirect indication of the rapid pace at which Canadians are embracing generative AI tools. In contrast to other AI systems that require more specialized knowledge, generative AI tools such as ChatGPT can be used by anyone. Mr. Goldfarb says the pace and widespread nature of adoption matters because generative AI, and AI more generally, will impact everything from the nature of our jobs to inequality to our living standards. One recent U.S. study showed that consultants who use ChatGPT-4 had 40 per cent higher-quality results compared with those who do not use it. Mr. Goldfarb notes that below-average performers, rather than star performers, had the biggest productivity gains. Mr. Goldfarb says we are in for a very disruptive period.

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