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Marketplace®

Daily business news and economic stories
Episode 851Feb 1, 2023

Generative AI: What’s all the hype about?

We’re decoding ChatGPT.

ISTANBUL, TURKEY - MAY 06:  A woman views historical documents and photographs displayed in a high tech art installation at Salt Galata on May 6, 2017 in Istanbul, Turkey. The "Archive Dreaming" installation by artist Refik Anadol uses artificial intelligence to visualize nearly 2 million historical Ottoman documents and photographs from the SALT Research Archive. Controlled by a single tablet in the center of a mirrored room the artist used machine learning algorithms to combine historical documents, art, graphics and photographs to create an immersive installation allowing people to scroll, read and explore the archives. The SALT Galata archives include around 1.7 million documents ranging from the late-Ottoman era to the present day. The exhibition is on show at SALT Galata art space through till June 11, 2017.
ISTANBUL, TURKEY - MAY 06: A woman views historical documents and photographs displayed in a high tech art installation at Salt Galata on May 6, 2017 in Istanbul, Turkey. The "Archive Dreaming" installation by artist Refik Anadol uses artificial intelligence to visualize nearly 2 million historical Ottoman documents and photographs from the SALT Research Archive. Controlled by a single tablet in the center of a mirrored room the artist used machine learning algorithms to combine historical documents, art, graphics and photographs to create an immersive installation allowing people to scroll, read and explore the archives. The SALT Galata archives include around 1.7 million documents ranging from the late-Ottoman era to the present day. The exhibition is on show at SALT Galata art space through till June 11, 2017.
Chris McGrath/Getty Images

The new wave of generative artificial intelligence, like ChatGPT and DALL-E, has got the tech business in a frenzy.

Venture capitalists are pouring money into AI startups: Investments in generative AI have already exceeded $2 billion. But there are lots of unknown unknowns about the innovation. There’s virtually no oversight from the government, and teachers, artists, researchers and others are raising concerns.

“There’s so much happening under the hood that we don’t get access to … there needs to be much more transparency,” said Alex Hanna, director of research at the Distributed AI Research Institute.

On the show today: why AI is getting so much attention these days, ethical issues with the tech and what lawmakers should focus on when trying to regulate it. Plus, why some say it could exacerbate the climate crisis.

In the News Fix, some Kia and Hyundai cars keep getting stolen, and insurance companies are taking notice. Plus, we might spend the most on health care, but health in the United States falls behind other high-income countries by several measures. And, why you might want to get ready for inflation whiplash.

Later, we’ll hear from a listener who’s pro-ChatGPT when it comes to writing cover letters. And in the spirit of Dry January, Elva Ramirez, author of “Zero Proof: 90 Non-Alcoholic Recipes for Mindful Drinking,” gives us a little history lesson on mocktails (or cleverages).

Here’s everything we talked about today:

We want to hear your answer to the Make Me Smart question. Leave us a voice message at 508-U-B-SMART, and your submission may be featured in a future episode.

The Team