In the fast moving world of AI, the biggest threats to progress are clampdowns on data by governments and digital giants like Twitter and Instagram, according to a young entrepreneur in the thick of the business.
Data is precious.
Data is the new oil in the AI business. The quality of data is key to its efficiency, but it is becoming harder to secure in a changing world, according to AI entrepreneur Gianni Guitteaud, speaking to us from his family home in Martinique.
“If you are using AI in Europe it is going to be different than if you are using it in India or China. Because China has a different political view on certain things and they won’t allow you to say specific things about their country. So, the good data that you might get from using these AIs- is zero. This is one of the biggest issues we have for AI is that these countries will not allow companies to create the data from their websites, or their companies or their countries. That is the biggest threat for AI, the quality of the data behind the scenes,” he says.
Data will be called into question.
“I think there is going to be a lot bigger political play towards understanding where the data is coming from: who is validating this data, is it correct, is it being banned? Instagram and Twitter, they are banning people; they are banning Trump and different people for no real reason, other than they don’t like the things that they say.”
Guitteaud believes AI will create more new jobs than it will destroy, but data will remain the big question.
Everything ready for disruption.
“All these industries are ready to be disrupted, but if you don’t have the fundamentals right – like the right data – it doesn’t matter how advanced you are; it is not going to give you the right information, it is not going to give you the right output.”
Despite all of this, Guitteaud believes the amount of generative AI is likely to increase in the near future. He used data on the life of Nelson Mandela as an example of what generative AI is and how it works.
How to put Nelson Mandela’s life through AI?
“You put a lot of computers together, you feed it a huge amount of text and you create some kind of embeddings, that is multiple bits of information broken down into small pieces. Those small pieces become indexes and those are refresh points you can use in the future,” he says.
“So, I can put a library’s worth of information on Mandela into one big database. I can break this into multiple pieces where I can put context and key words. So that when I put my AI model on top of it I will be able to query any question that I want regarding Mandela and get the context from those citations because of all of this bank of information that I have created.”
Capital ready to flow if….
Guitteaud, who has worked in tech in London and New York, is launching a new business by the name of Offset, with a product called OKPI, that brings AI into boardroom business. He believes AI is in its infancy, with plenty of capital poised.
“I was looking at this graph this weekend saying if you want to invest in the S&P 500 you should compare companies that have Ai investments or AI directives, to those that don’t. Those who do have made 75% returns year-to-date compared to negative from the ones that don’t.”
All of this is dependent on governments and companies keeping their hands off the free flow of precious data.
