Artificial Intelligence Innovation's Acolyte by Joshua Eworo
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Feb 20, 2024
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Joshua Eworo
Sharon Worley
ENGL 1301
17 September 2022
Artificial Intelligence: Innovation’s Acolyte
Artificial Intelligence, over the past few years, has encroached across various aspects of everyday life, and innovation is no exception to this. Artificial Intelligence is viewed by many to be the “end all be all” of technological advancements — the final product so to speak — whereas
it is moreover the aid in future innovations to come. Artificial Intelligence is going to be one of the major arbiters of innovation in the creative field, medical field, and business as well.
Artificial Intelligence has been seen recently taking the field of creativity by storm. With the advent of AI models such as Midjourney, Stable Diffusion and DALL-E [4], there has been a
lot of buzz in the sphere of art about the masterful art pieces that these AI models have been able to generate. Some see these AI models as a perversion of authentic human-made art, while others
view these systems as tools to further innovation. The antagonists of AI art models make the claim that because these models are trained on countless man-made works of art, the generations of art these models produce lose their validity in creativity and fall victim to plagiarism. Others in support of AI generated art rebuttal these claims by making a stance that the generations merely take inspiration and reference from its training data. Either way, both parties of this argument agree that AI can be used as a tool in bringing about creative pieces in the same way a paintbrush aids a painter. Visual Art is not the only aspect of creativity that AI has influenced, AI models such as GPT-3 [3] and BLOOM can generate written text indistinguishable from that
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of a human given a prompt. Many see the technology’s potential to assist writers move past roadblocks in the writing process like writer’s block. Business is another sector of the world that AI can be seen influencing. Taking bigger tasks and breaking them down, automating simple tasks, and making predictions about outcomes
of possible actions are just a few things AI is capable of. Jasper.ai claims to be the AI Content Platform that helps you and your team break through creative blocks to create amazing, original content 10X faster. Jasper is capable of generating heaps of social media content in mere minutes, creating and brainstorming effective and persuasive ad copy, generating long form content such as articles and blogs, and even aiding in email marketing across various languages. This technology can heavily aid in the field of marketing and sales, allowing companies to see an
exponential increase in productivity and revenue, and a decrease in labor costs. Hedge funds have also seen success through their use of AI. In a study [5] called “Man Versus Machine: On Artificial Intelligence and Hedge Funds Performance” written by researchers from Texas A&M University and Finland’s University of Vaas, during the period that was studied (2006 to 2021), the AI-based hedge funds generated average returns of about 0.75% per month, vs. about 0.25% per month for the human-guided hedge funds. There are so many use cases that the introduction and implementation of artificial intelligence can aid; the potential is seemingly boundless.
Though AI is not just limited to its ability to generate creative content or aiding in business, it has also been implemented in the medical field. Advancement in AI aids in the advancements made in the field of medicine. AlphaFold is an artificial intelligence program developed by DeepMind that solved the protein folding problem [2], a problem that has stood as a great challenge in the field of biology.
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The protein folding problem is the question of how a protein's amino acid sequence dictates its three-dimensional atomic structure. The notion of a folding “problem” first emerged around 1960, with the appearance of the first atomic-
resolution protein structures.[1]
According to DeepMind, AlphaFold can accurately predict 3D models of protein structures and is accelerating research in nearly every field of biology. The AlphaFold Algorithm was also used
to predict COVID-19 protein structures during the advent of the COVID-19 outbreak. AI advancements seem to know no bound or limitation in the fields they impact. AI technologies can be expected in the future to be used to tackle and solve even more of the world global health crisis issues.
Artificial Intelligence is a field of technology that keeps improving in the coming years. With more and more innovations in the field of AI, almost all aspects of life will see improvements also as AI continues to be implemented. Creativity, business, and medicine and just a few of the fields that AI will impact in the coming future. The impact of Artificial Intelligence across the world only seems to grow as more minds are put towards its advancements. As AI becomes more
intertwined in our day to day lives, it will be used to bring about boundless innovation.
Works Cited
1.
Dill, Ken A et al. “The protein folding problem.” Annual review of biophysics vol. 37 (2008): 289-316. doi:10.1146/annurev.biophys.37.092707.153558
2.
“Has DeepMind’s AlphaFold Solved the Protein Folding Problem?” BioTechniques, vol. 72, no. 3, 2022, pp. 73–76, https://doi.org/10.2144/btn-2022-0007
.
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3.
Floridi, Luciano, and Massimo Chiriatti. “GPT-3: Its Nature, Scope, Limits, and Consequences.” Minds and Machines (Dordrecht), vol. 30, no. 4, 2020, pp. 681–94, https://doi.org/10.1007/s11023-020-09548-1.
4.
Revell, Graeme. “Madeleine: Poetry and Art of an Artificial Intelligence.” Arts (Basel), vol. 11, no. 5, 2022, p. 83–, https://doi.org/10.3390/arts11050083
.
5.
Grobys, Klaus, et al. “Man versus Machine: On Artificial Intelligence and Hedge Funds Performance.” Applied Economics
, vol. 54, no. 40, 2022, pp. 4632–4646., https://doi.org/10.1080/00036846.2022.2032585
.