Where is AI heading - part 1/3
Lately, AI seems to dominate the news. But how to discern truth from exaggerations? The news coverage is confusing and extremely polarized about the AI topic. For example, you might see videos with titles "AI will replace all jobs in next 2 years" next to a video titled "AI progress has hit a wall" or "AI bubble is about to pop". Of course, clickbait sells, and so do extreme titles - in either direction.
And even from a perspective of an expert the progress can look very jagged - periods of rapid improvement alternate with periods of relative stagnation. In order to get a clearer view, one must zoom out and look at the progress trends over a longer timeframe. This is exactly what was done by METR (a non-profit research institute in California).