AI Development Speed Complicates Strategic Investment for Firms
Australian Financial Review
SKIPPED
Details
- Date Published
- 11 Apr 2024
- Priority Score
- 2
- Australian
- Yes
- Created
- 10 Mar 2025, 10:27 pm
Description
Whether assessing safety, performance or efficiency, the groups tasked with stress-testing AI systems are rushing to keep up with the state of the art.
Summary
The rapid advancement of artificial intelligence technology presents significant challenges in evaluation methods traditionally used for assessing AI systems’ performance and safety, revealing critical flaws that hinder effective investment by businesses. As AI models become more complex, existing tools for evaluating them have become inadequate, easily manipulated, and overly simplistic. The article highlights the pressing need for developing new evaluation frameworks that can better address the nuanced capabilities and potential risks of cutting-edge AI technologies. While the article provides insight into the difficulties faced by industries in AI adoption, it lacks direct focus on existential AI risks or governance policies aimed at mitigating catastrophic outcomes.
Body
TechnologyAIPrint articleGeorge HammondApr 11, 2024 – 12.47pmSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginSan Francisco| The increasing power of the latest artificial intelligence systems is stretching traditional evaluation methods to breaking point, posing a challenge to businesses and public bodies over how best to work with the fast-evolving technology.Flaws in the evaluation criteria commonly used to gauge performance, accuracy and safety are being exposed as more models come to market, according to people who build, test and invest in AI tools. The traditional tools are easy to manipulate and too narrow for the complexity of the latest models, they said.Loading...Financial TimesSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginFollow the topics, people and companies that matter to you.Find out moreRead MoreAIGoogleMicrosoftJoe BidenUSAAmazonAmazon effectKPMGUKAI SummitFetching latest articlesOlympic weightlifting is hard. This boss uses the 1pc rule to get it doneLucy DeanOut-of-control watch price rises give housing a run for its moneyKnow your craft: How the biggest airlines rate at the pointy endJun Bei Liu: How I learnt to speak upSally Patten and Lap PhanThe four actor ‘tricks’ giving executives more confidence‘We’ll fight’: Alex Waislitz on family battles and bad betsA last-chance tote bag and a groovy case for trumpetersEugenie KellyThis machine can bring out the creative streak you never knew you hadThis data-driven wellness retreat is a haven for high-flyersBillionaire Nicola Forrest appoints UBank boss to run family officePrimrose RiordanVictor Smorgon’s star fundie eyes 50pc returns for new fundForrest family powerbroker had alleged role in big Fortescue decisions