There is every reason to believe that automation will continue to increase in a range of physical settings. But technologists and investors should take care not to conflate technical breakthroughs with commensurate transformations of the real economy.
“The ChatGPT moment for general robotics is just around the corner,” Nvidia’s Jensen Huang said in January last year. This January he said the ChatGPT moment for physical artificial intelligence (AI) was “nearly here”.
ChatGPT was the fastest-growing consumer app in history, according to a report from UBS, reaching 100 million monthly active users within two months of launch. If that sort of explosive adoption is what Huang meant by a “ChatGPT moment” then I think we have much longer to wait.
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