Synthetic Intelligence
Report Pegs Price of AI at Practically $300K Per Minute
A brand new report from cloud-based knowledge/BI specialist Domo supplies a staggering estimate of the minute-by-minute impression of at present’s generative AI increase.
Within the time it takes you to learn the opening sentences of this text, as an example, practically $300,000 could have been spent on AI worldwide.
Domo government Ben Schein stated the report supplies a glimpse into simply how a lot knowledge AI instruments are producing at present. “When ChatGPT introduced LLMs into the highlight, it opened everybody’s eyes to only how impactful AI might be,” he stated in a July 23 information launch. “We have seen a flood of AI functions emerge because of this. Domo has reported on knowledge volumes for over a decade and the way in which AI has impacted knowledge creation rivals that of the early days of social media platforms.”
Per Domo’s report, that is the impression of AI each minute:
- Customers spend a mixed $293,000 on AI.
- 19,028 pictures are created utilizing text-to-image AI fashions.
- ChatGPT receives 6,944 prompts.
- A complete of seven,431 minutes of video are generated by AI.
- ChatGPT supercomputers eat 185 gallons of water to chill themselves.
- Dall-E 2 creates 1,389 pictures.
- 35 new vehicles with hands-free automation options are bought.
- Workers utilizing ChatGPT save a mixed 467,000 hours of labor.
- A deepfake is created.
- Turnitin flags 52 school papers for plagiarism.
The report underscores the immense value of AI computation and different related work.
“Nothing is free, particularly in relation to expertise, the place $293K is spent on AI each minute,” Domo stated. “Along with the financial bills, as much as 185 gallons of water are used to chill down the warmth generated from ChatGPT supercomputer’s computational energy.”
Different highlights of the report as introduced by the corporate embody:
- Automation Domination: Transferring past conversational use instances, customers are more and more utilizing LLMs to design, drive and extra. Each minute, Dall-E 2 generates 1,389 pictures and 19,028 are created by different text-to-image platforms, whereas 7,431 minutes of AI-generated video are created. Worldwide at present, 35 new vehicles with hands-free automation are bought every minute.
- Execs and Cons of AI: Whereas AI is extremely helpful for a lot of eventualities, different functions will not be so noble. Each minute, workers save 467,882 hours of labor utilizing ChatGPT. Nonetheless, some are making the most of its writing capabilities for schoolwork, with 52 school papers flagged for AI plagiarism on Turnitin each minute.
An infographic of the findings is on the market on the Domo web site.