The new world created by AI: the current state of the increasingly heated AI field

Competition is intensifying with the broad strengthening of AI-related services announced at Google I/O 2024.

GAFA, the name for American big tech, which began to spread gradually from the late 2000s, has changed to GAFAM, FANG, and MATANA, and in 2024, due to Meta's V-shaped recovery, the new name "M7 (Magnificent Seven)" was created.

The S&P500 (Standard & Poor's 500 Stock Index), which is calculated based on the stock prices of 500 US companies, has a total market capitalization of companies that are sometimes called big tech, which accounts for about 30% of the total market capitalization of the S&P500, and if M7 and the rest are used as an index, there seems to be a difference of about 5 times.

Among them, Tesla and "NVIDIA" have newly come to be called M7. Tesla has established its EV brand as the electric vehicle (EV) market steadily progressed, and has been steadily increasing its sales.

NVIDIA's GPUs were originally processors designed to accelerate calculations for image and video processing, but in recent years they have also played a central role in AI fields such as machine and deep learning. These calculations require the ability to process large amounts of data at high speed, and the parallel processing capabilities of the GPU are said to be extremely effective.

Overview of the AI ​​field in 2024

In 2024, the AI ​​field is seeing further technological evolution and practical application, contributing to use cases and efficiency in many fields. In particular, the development of generative AI technology is remarkable, with advanced content generation of text, images, videos, etc., and a significant improvement in the content creation capabilities of individuals and companies. It is becoming widely used in fields such as marketing, entertainment, and education.

It is also rapidly being applied to the medical field. AI is used in a wide range of medical tasks, such as diagnostic support, formulation of treatment plans, and analysis of patient data, contributing to improving the efficiency and accuracy of medical care.

No need to say, in the business field, it is widely adopted as an automation tool for improving business efficiency. The use of chatbots in customer service, data analysis tools, predictive modeling, etc. contribute to improving corporate productivity. In Japan, GMO Internet Group announced that it has created approximately 96,000 hours, or the equivalent of 600 people per month, as a result of promoting the use of generative AI. This also shows that the use of AI is becoming more widespread around the world.

In this context, discussions on AI ethics and regulations are also becoming more active in countries around the world. For example, privacy protection, elimination of bias, and ensuring transparency are important issues. National governments and international organizations are developing regulatory frameworks for AI and creating an environment to promote responsible development and use of AI.

What attracts people to OpenAI?

When searching for keywords related to artificial intelligence on "Google Trends", the number of searches has been increasing since around 2014. In 2015, the US company OpenAI was founded as a non-profit organization by Elon Musk, Sam Altman, and others.

In terms of AI alone, the number of searches has been increasing rapidly since the summer of 2022. ChatGPT was also born in the latter half of 2022. It is a project that has captured the trend as if it were a picture.

OpenAI is an artificial intelligence research institute and a non-profit organization which mission is to make AI technology safe and accessible for all humanity. OpenAI's main vision is to improve the lives of all humanity through the development of friendly AI while upholding the principles of open access and transparency.

The ChatGPT series is recognized as the company's best example of its products, but it also develops "OpenAI Codex," a derivative model of GPT-3 that specializes in code generation, "Clip," an AI that extracts information from visual data by associating images and text, the AI ​​image generation model "DALL-E 2," and the AI ​​video generation service "Sora by OpenAI."

As mentioned above, AI-related keywords have gradually attracted attention since around 2014. However, it seems that the interest in AI has increased with momentum at the same time as ChatGPT appeared in the second half of 2022.

This shows that ChatGPT's innovative services, OpenAI, and ultimately Sam Altman were so attractive to the market.

ChatGPT's greatest strengths are its excellent natural language processing capabilities and wide range of applications. Despite being an artificial intelligence, it is capable of human-like conversational responses, and its responses as if it understands nuances and the overall context are remarkable. In addition, numerous use cases are still being created depending on the combination of tools, from content creation and coding to language translation.

The environment and story surrounding OpenAI and Sam are also elements that attract people. In November 2023, some of the OpenAI directors informed Sam and co-founder and president Greg Brockman that they were being fired, claiming that Altman was not forthright in communicating with the board of directors and was hindering the board of directors from fulfilling its responsibilities.

Shortly after it seemed as if they had been expelled, Microsoft, a major shareholder, welcomed Sam and Greg to strengthen its AI division. In addition, OpenAI's talented engineers protested vehemently, and ultimately returned to OpenAI.

In the midst of the dizzying changes that occurred over the course of about five days, we could see the leadership of Microsoft CEO Satya Nadella and Sam's charisma. The charisma that creates stories that could be treated as the subject of movies may also be what attracts people.

Future outlook for the AI ​​field

As technology evolves, AI use cases are becoming more and more diverse. After all, advances in generative AI technology will function as a factor in revolutionizing the creative field. Creative activities in music, art, literature, and other fields will become even more efficient, and the future in which advanced creativity is mass-produced is near.

In addition, improvements in the accuracy of natural language processing will enable more natural and advanced communication between humans and AI, which will lead to applications in customer service and education. In fact, in a video released with the announcement of GPT-4o, simultaneous translation between Spanish and English is recorded on the video.

The rapid development of the AI ​​field also means that ethics and regulations in the use of AI will become even more important. As AI becomes more widespread, privacy protection, fairness, and transparency will be required, and legal development and international rule-making that are in step with each other are required in countries around the world.

This will increase the reliability and social acceptance of AI technology, promoting sustainable development.

10 AI tools you should know about

1. ChatGPT

A multipurpose chatbot that uses conversational AI to communicate with users

● ChatGPT-4o enables human-like conversations with rich expressions

● Improved understanding of images such as photos and charts

2. Canva

Supports graphic design elements and content creation

● In addition to design suggestions, AI automatically adjusts image blur and color

● AI-driven copywriting tools provide content tailored to various purposes

3. Jasper AI

Help users generate written content efficiently

● Generates high-quality text based on user-provided prompts

● Can generate text customized to the user's brand and tone

4. Midjourne

A service that can generate advanced images from text

● Can create a wide variety of visuals, from realistic images to abstract art

● Utilizes the latest deep learning technology to generate high-resolution images

5. Voice In

Chrome extension that allows high-precision voice input

● Can be used in most text fields on web browsers, such as SNS

● Supports many languages, including English

6.Vrew

AI tool for streamlining video editing and subtitle generation

● Automatically converts audio in videos to text in multiple languages, including Japanese

● Ability to manually fine-tune the timing of automatically generated subtitles

7. Fireflies.ai

AI tool for recording, transcribing, and analyzing meetings

● Automatically records meetings in conjunction with video conferencing platforms such as Zoom and Google Meet

● Extracts key points from recorded meetings and automatically creates notes and summaries

8. GitHub Copilot

A tool that suggests code snippets as programmers type

● Predicts and automatically completes the next code a developer should write based on the code they are typing

● Detects potential errors and bugs and suggests fixes

9. Synthesia

Just enter text and a video with realistic avatar speaking the text will be generated.

● Supports over 50 languages, and you can select any avatar from a large number of avatars to generate a video.

● Full of editing functions, including adding text and inserting images and graphics.

10. HeyGen

An innovative video generation platform using AI technology

● Convert text into professional videos in minutes

● Supports over 40 languages ​​for global content creation

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