Stanford HAI’s policy expert Russell Wald says we need broader voices in AI so that the technology better represents the people who are impacted by it.
Global corporate investment in AI grew rapidly from $79.6 billion in 2018 to $276.1 billion annually by 2021, as reported by Stanford HAI’s 2023 AI Index.
Global private investment in AI decreased by 26.7% in 2022 compared to the previous year, marking the first drop in corporate funding for AI in a decade, according to the latest AI Index.
AI job market booms, with California leading AI-related hiring, followed by high-population states such as Texas, New York, and Florida, according to Stanford HAI’s 2023 AI Index.
The latest AI Index highlights how the increasing costs of AI development are tilting the balance of power from academia towards corporate players, raising concerns about safety and ethical issues.
Stanford HAI Associate Director Rob Reich details how the use of AI could play out for society, and what it means for generations who will grow up with it.