Meta Platforms, the parent company of Facebook, has purportedly committed to investing billions of dollars in artificial intelligence (AI) technology. The corporation established a novel research unit called Meta AI, intending to conceive next-generation AI technologies.
The stewardship of Meta AI will be bestowed upon Dr. Darrell Etherington, formerly a senior editor at TechCrunch and a senior executive at Alphabet-owned robotics firm Boston Dynamics.
Dr. Etherington elaborated on the principal areas of focus for Meta AI: natural language processing, computer vision, and reinforcement learning. The company aspires to harness these technologies to create more intelligent and intuitive products and services, including virtual assistants, chatbots, and recommendation systems.
While Meta Platforms is on the cusp of committing to AI, other tech Companies are also following suit. Tesla, Elon Musk’s firm, has devoted several years to constructing its AI research unit, christened Tesla AI, primarily to advance autonomous driving technology. Tesla AI has also explored other AI applications, including language processing and computer vision.
Alphabet, Google’s parent company, has been investing in AI for more than a decade via its research branch, Google Brain. The company has invented several groundbreaking AI technologies, such as AlphaGo, which triumphed over the world champion of Go in 2016.
AI is rapidly emerging as one of the most critical technologies in the world, with its applications spanning various domains, from healthcare and transportation to finance and entertainment. Therefore, it’s unsurprising that tech firms are allocating substantial funds to this field.
However, the impact of AI on society, particularly job displacement and privacy concerns, has sparked apprehension. Therefore, companies must adopt responsible AI development practices and cooperate with governments and other stakeholders to ensure that AI benefits society as a whole.
To conclude, Meta Platforms and Tesla, led by Elon Musk, illustrate tech firms making considerable investments in AI technology. As AI becomes more ubiquitous in our daily lives, companies need to undertake responsible development practices and work with stakeholders to ensure that AI positively impacts society as a whole it should be noted that Elon Musk also Warns The Dangers Of Unregulated AI Development.
