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DeepMind Co-Founder Warns of AI Hype as Billions Flow to Startups

AI's potential is undeniable, but DeepMind's co-founder warns that the current investment frenzy is leading to exaggerated claims and distracting from genuine progress.

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DeepMind Co-Founder Warns of AI Hype as Billions Flow to Startups

Demis Hassabis, co-founder of DeepMind, has raised concerns about the billions invested in generative AI start-ups. While acknowledging AI's potential, he warns of excessive hype and the risk of deception.

Hassabis, who co-founded DeepMind in 2010 with Shane Legg and Mustafa Suleyman, believes the vast sums poured into AI are leading to exaggeration. He argues that this hype distracts from genuine scientific progress.

Despite his criticism, Hassabis remains bullish about AI's transformative power. He points to DeepMind's AlphaFold model as evidence, highlighting how AI can accelerate research. However, he cautions that the current excitement may be obscuring the true pace of development.

Looking ahead, Hassabis is optimistic about the possibility of achieving artificial general intelligence (AGI) within the next decade. Meanwhile, DeepMind is working on improving the reliability of large language models, exploring a new methodology called SAFE.

Demis Hassabis, while acknowledging the potential of AI, has sounded a note of caution about the current investment frenzy. He believes that, despite the hype, AI remains one of humanity's most transformative inventions, and achieving AGI is within reach.

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