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Microsoft and OpenAI have a financial definition of AGI: Report
Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup’s profits, according to a new report from The Information. And by this definition, OpenAI is many years away from reaching it.
The two companies reportedly signed an agreement last year stating OpenAI has only achieved AGI when it develops AI systems that can generate at least $100 billion in profits. That’s far from the rigorous technical and philosophical definition of AGI many expect.
This year, OpenAI is reportedly set to lose billions of dollars, and the startup tells investors it won’t turn a profit until 2029.
This is an important detail because Microsoft loses access to OpenAI’s technology when the startup reaches AGI, a nebulous term that means different things to everyone. Some have speculated OpenAI will declare AGI sooner rather than later to box out Microsoft, but this agreement means Microsoft could have access to OpenAI’s models for a decade or more.
Last week, some debated whether OpenAI’s o3 model was a meaningful step toward AGI. While o3 may perform better than other AI models, it also comes with significant compute costs, which bodes ill for OpenAI and Microsoft’s profit-centric definition of AGI.
Microsoft and OpenAI have recently come together to define a financial definition of Artificial General Intelligence (AGI), according to a new report. AGI, often referred to as the holy grail of artificial intelligence, is the concept of a machine that can successfully perform any intellectual task that a human can.
The report, which was released by the two tech giants, outlines a framework for understanding AGI in the context of financial services. It delves into how AGI can be applied to various aspects of the financial industry, including risk management, trading algorithms, and customer service.
With Microsoft’s expertise in cloud computing and OpenAI’s cutting-edge research in AI, the two companies are well-positioned to lead the way in developing AGI for the financial sector. By collaborating on this initiative, they hope to drive innovation and create new opportunities for businesses in the finance industry.
As the race for AGI continues to heat up, Microsoft and OpenAI’s joint efforts could pave the way for a more sophisticated and intelligent financial system. Stay tuned for more updates on this exciting development in the world of artificial intelligence.
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Microsoft, OpenAI, AGI, artificial general intelligence, financial definition, technology news, AI research, tech industry, machine learning, future of technology
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