Artificial intelligence can be a great force for good. It can also cause chaos and destruction. This was the overarching message of the day at the 1st Silicon Slope Artificial Intelligence (AI) Summit hosted by Utah Valley University.
“Artificial intelligence has limitless growth potential,” said Tyler Folkman, chief technology officer and AI officer at Benlabs. His team explores the application of machine learning to disrupt and transform entertainment for creators. Folkman was one of the AI experts speaking at the conference.
“I don’t know how good this is going to be,” Folkman said. “It really is believed to get better, and there are a lot of fears about it, but as we continue to improve, it has limitless potential to help us. could be said to be infinite, but I think it is within our comprehension by now.”
Utah Attorney General Sean Reyes has called for the tech industry to get involved in policy and legislation. “We believe that while the laws and policies passed protect humanity, they do not destroy the positive application of AI. We also need it,” Reyes said.
Reyes added that tools are already available and more are in development. “Several compelling safeguards have been proposed, such as digital watermarks and unique ID markers that would allow consumers, businesses and judges to determine if something is fake or real,” he said. rice field.
Rachel Bi, Associate Professor in the Personal Financial Planning Program at UVU and Dean of Finance and Economics at the Woodbury School of Business, has spent several years researching business applications using artificial intelligence, machine learning, blockchain and cloud computing. I’ve been
Bi explained that there are two different types of AI. Narrow AI, also classified as weak AI, is designed to accomplish a specific task or solve a specific problem. General AI, or strong AI, aims to reconstruct the broad cognitive capabilities of human intelligence. It can understand, learn, and perform any human intellectual task.
“Most of the AI we work with on a daily basis is narrow AI, including the famous ChatGPT,” says Bi. “It is worth mentioning that the development of AI in general can be very difficult and that people are working on it, but it has not yet happened. The achievement will raise deep philosophical, ethical and technical questions that are hotly debated.”
Bi said AI is already impacting the financial world, with robo-advisors managing stock portfolios and AI algorithms analyzing vast amounts of personal data such as debt, income and spending habits to determine a person’s credit score. said it does.
AI is also being used to generate sales. Dave Wright, CEO of Pattern, an e-commerce acceleration platform that exponentially accelerates online business through data and AI, also spoke at the summit. He said the company used multiple AI tools to generate ad copy, graphics and video content to improve speed while reducing the cost of customer service. The tool also monitors and responds to customer feedback and translates it into multiple languages.
“I don’t think AI will take your job, but I do think it will,” Wright said. “Economic inequality will start to widen further as AI-powered people can accomplish more with less. I think a customized model can’t keep up, so layer it on top of that and apply it to whatever you like.”
“AI is not new in a sense,” Folkman said. “It is just technology. Please think about what to do.”
Christina Baum, UVU’s VP of Digital Transformation and Chief Information Officer, said that’s what her team is working towards, and that’s why the summit has helped.
“We are very pleased that UVU is recognized as leading the way,” Bohm said. “I love our partnership with Silicon Slopes. I believe we can really move education forward and remove barriers for our students. ”
UVU is well positioned to adapt to AI learning. “UVU education uses enough theory to understand how and why things work, including the latest AI tools, and the skills needed to solve real industry problems. We provide technical skills,” said George Rudolph, Dean of Computer Science at UVU. “Hosting the AI Summit conference strengthens UVU’s ties to local industry and reinforces its core mission of developing a cutting-edge workforce.”
The one-day conference also marked the official launch of the Silicon Slopes AI chapter.
