ChatGPT was released in November 2022, according to Jean-Paul Carvalho.
“We were forced to come to grips with it in November 2022, when Chat G P T was released, but still there remained some heads in the sand.”
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Jean-Paul Carvalho
1 episodes · 18 quoted claims
A July 2023 Pew survey found 62% of respondents thought AI would majorly disrupt the workforce but only 28% thought their own job would be affected.
“A little while later, in July 2023, Pew did a survey, and in that survey, sixty two of respondents believed that A I would majorly disrupt the workforce, but only 28% believed that their job would be affected.”
The Industrial Revolution began around 1760 and enabled goods to be manufactured cheaply and at scale.
“The world we're in today has really been shaped by the Industrial Revolution. This is something that began around 1760, the ability to manufacture goods cheaply and at scale.”
Eric Brynjolfsson and co-authors studied a staggered rollout of an AI chat assistant among customer support agents at a Fortune 500 firm.
“Eric Brynjolfsson and co-authors looked at a staggered rollout of AI voice chat assistants amongst customer service customer support agents in a Fortune 500 firm.”
Customer support agents with access to the AI assistant resolved 15% more cases per hour.
“the customer support agents that had access to this AI technology, this this uh c AI systems, resolved 15% more cases per hour.”
A field experiment by Jebarian and Henkel randomly assigned 70,000 job applicants to an AI voice recruiter, a human recruiter, or a choice between them.
“Jebarian and Henkel look at a field experiment of 70,000 job applicants who are randomly assigned to an AI voice recruiter, human recruiter, and then a third subset is given a choice.”
When given a choice, 78% of job applicants chose the AI recruiter, and satisfaction did not differ between AI and human interviews.
“When the individuals are given the choice between the AI recruiter and the human recruiter, 78% choose the AI recruiter, and there's no difference in satisfaction after these interviews between the human and AI.”
Daron Acemoglu and co-authors found little change in employment or wages at the occupation or industry level from AI adoption in the US.
“Daron Acemoglu and co-authors have looked at the aggregate effects of AI adoption in the US, and they find little change at the employee or at the rather at the occupational or industry level in employment or wages.”
In a Brazilian study, industrial software used real-time sensor data to predict machine failures and optimize maintenance.
“The industrial software I'm speaking about is really uses real-time sensor data to predict machine failures to optimize maintenance, help workers use the machinery.”
Eric Brynjolfsson and co-authors found a 16% employment reduction among US workers aged 20 to 25 in AI-exposed occupations.
“Eric Brynjolfsson and co-authors again look at US workers aged twenty to twenty-five, and they find 16% reduction in employment amongst for AI-exposed occupations.”
Carvalho reports that a tech founder's new employees were regularly sent deepfake videos of the founder asking them to click malicious links.
“I was speaking to a tech founder not long ago and his new employees are regularly sent deep fake videos of himself asking them to click on links for training but these links are not training links as you can imagine”
An MIT study cited by Carvalho found that 95% of generative AI implementations failed and 5% succeeded.
“There's an MIT study which shows that 95% of gen AI implementations have failed, 5% have been successful adoptions.”
About half of corporate generative AI budgets have gone to sales and marketing, according to Carvalho.
“About 50% of these AI budgets have been for sales and marketing.”
Sun Microsystems' stock rose about 6,400% from mid-1994 to early 2000 and then fell 90 to 95% after the dot-com crash.
“Sun Microsystems stock price went up 6,400% from the summer of ninety four to 2,000, early 2,000. And then it crashed ninety to 95%.”
DeepSeek released its V3 model in December 2024 and R1 in January 2025, reaching frontier capabilities on a small budget according to Carvalho.
“the release of DeepSeek's LLMs, V3 in December 2024, R1, January 2025. These models developed frontier capabilities on a shoestring budget”
Carvalho says DeepSeek reportedly trained its models without advanced NVIDIA GPUs, whose export was restricted under the Chips Act.
“supposedly without the advanced NVIDIA GPUs whose export was restricted under the Chips Act.”
Acemoglu and Johnson distinguish between AI that substitutes for human labor and AI that complements it, according to Carvalho.
“They make this distinction between a kind of substituting AI technology and human complementing AI technology.”
Carvalho attributes the substitution approach to AI to Alan Turing and the human-complementing alternative to Norbert Wiener.
“which is really w proposed by Alan Turing, right? How do we develop something that substitutes for human? But there was an alternative line of work developed by Norbert Wiener”