Page 173 - CW E-Magazine (30-1-2024)

Special Report

which light seems to bend despite world including india, China, and the destiny irrespective of your gender,
going in a straight line. Although some Americas. instead of impoverishing age, profession, business, and other
theoretical physicists dismiss the illus- Europe, it led to untold riches. A new inclinations. This paper will end by
tration below as too facile a way to world of opportunities opened up briefly covering the inevitable discus-
explain gravity, i would like you to for the venturers and misery visited sion on economic growth, inflation,
imagine a huge object which is distort- the colonised. The same will happen interest rates, crises, etc.
ing the fabric on which the economy again. The winners and losers of 2023
is moving in time and is attracting all and 2028 could be very different. A digression into where we have
other smaller objects towards it due to reached and where we are headed
the curvature. That very heavy object History is being rewritten by tech- with Ai, is essential for non-technical
is warping the fabric and thus chang- nology, but it is easier to appreciate readers to appreciate what is in store
ing the course that many objects, like when read backwards from the future – in 2024 and beyond. it is predicted
the economy and its related satellites a future in which, the way we think that Ai usage is going to add net tril-
like healthcare, education, manufac- of our daily chores and all our pur- lions of dollars to the global economy
turing, software development, art and suits will change drastically, be it art, by 2030, net of destruction. Besides
design, and scores of other things that entertainment, travel and hospitality, openAi, Google and other companies
affect the daily life of humans, would manufacturing, education, healthcare, have been working for many years
have normally taken. food, gaming, business services, agri- on this aspect of Ai, many technical
culture, etc. papers were published and read by
The net result is that the world the scientific community, and im-
economy will end up in five years at a i feel very much like when i wrote provements made. it just so happens
very different place from what it was about the impending Covid-19 that OpenAI was the first to release
expected to be in, when the trajectory pandemic in dec 2019, before it a Consumer App in end-2022. Soon
was looked at in 2020. That heavy exploded in Q1 of 2020 (based on followed a swarm of other magical
object, technology, has grown so my research on some stray innocent Large Language Models (LLMs) and
heavy relative to almost everything looking incidents reported in China by September 2023, it had assumed
that is happening around the world, from october 2019). Like Covid-19, epidemic proportions because there
that it will even alter the narrative which is reportedly the result of care- were 120 Ai apps based on LLMs or
about 2024. less handling of some ‘gain of func- derived from other LLMs. At the time
tion’ experiments on a type of Corona of writing, there are more than 200 Ai
virus, one of the triggers for the huge tools, big and small. LLMs or Foun-
technology boom (Ai, Biotech, etc.) dational Models as they are called,
is the release of ChatGPT by openAi. are trained with billions of pieces of
it should have remained in the lab content so that it becomes capable of
till regulators and technologists sat doing certain amazing things right
together to control the genie by erecting from art to designing, classifying
guard rails. But they didn’t since Sam things, summarising, rewriting text
Altman operates by his own rules. content in different styles, sentiment
analysis, etc.
For a history buff, 2024 may be in the past, the conversation on
as significant as 1453 CE when the Ai was largely about the disruption in They have progressed beyond natu-
course of human history was altered the labour market. Now it is how it ral language to graphics, videos and
for ever by the ottoman conquest will shake up mankind and everything even math. GenAi (Generative Ai)
of the Byzantine Empire. Their new we do. Hence, i would like my 2024 technology is used by GPT4, Gemini
transit taxes made it unviable for the paper to be not one that is merely from Google, and other fascinating
Europeans to trade with india and read and put away, but one which will LLMs to answer questions or sug-
China, two of the most significant engage all readers in the process of gest solutions by generating the next
economies at the time. it got the imagining how their lives and those word, or line in a drawing, based on
Europeans so riled up that their of their kith and kin could change, a very complex statistical technique
attempts to bypass the old route, led and what they can do to come on top. without even knowing the subject.
to the eventual colonisation of the You can proactively work on your LLMs generate new content based on

Chemical Weekly January 30, 2024 173

Contents Index to Advertisers Index to Products Advertised