Google CEO: AI development is finally slowing down—‘the low-hanging fruit is gone’

• OpenAI’s ChatGPT launch two years ago sparked global interest in generative AI.
• The competitive landscape now includes multiple tech giants, like Google, with similar models.
• Sundar Pichai stated at the DealBook Summit that the era of easy advancements in AI is over.
• Pichai highlighted the need for deeper breakthroughs as progress becomes more challenging.
• Current language models — like ChatGPT, Google’s Gemini or Meta’s Llama — will keep getting incrementally better
• But another seismic shift that changes the way most people think about or envision AI is unlikely to happen within the next year, said Pichai.

• Read More: https://www.cnbc.com/2024/12/08/google-ceo-sundar-pichai-ai-development-is-finally-slowing-down.html