“Every so often there are general-purpose technologies, GPTs, that literally change the world,” Microsoft’s Vice Chair and President Brad Smith shared at this year’s Web Summit. The next few decades will be defined by the transformative power of #AI, the next great GPT. At Microsoft, we’re doing our part to drive the widespread adoption of AI across economies and continents, ensuring that people and organizations can leverage these innovations on a broad scale to unlock new opportunities and growth.
Read Brad’s article about the next GPT and the steps countries need to take to accelerate adoption in the age of AI: https://lnkd.in/eVvvXSMn#GPT#ArtificialIntelligence#Microsoft
For economists, there are two types of products in the world. Most products are single purpose tools, like a smoke detector or a lawn mower. They do one thing and they do that one thing very well. But there are every so often general purpose technologies, GPTs, that literally change the world. And everywhere one goes when there is a new industrial revolution, people focus first and foremost on the leading edge, the latest chips, the leading AI models. They matter greatly. But history tells us that one thing matters more than who leads that first wave of innovation. It's not the innovation itself, but it's a second economic term: diffusion. It's the ability to take this technology and diffuse it across an economy, across a country, across a continent. In other words, to get people to adopt the technology broadly.