This says it better than I can. Cosma Shalizi is brilliant as always:
Revised and Extended Remarks at "The Rise of Intelligent Economies and the Work of the IMF"
Key quotes:
Revised and Extended Remarks at "The Rise of Intelligent Economies and the Work of the IMF"
Key quotes:
This is that almost everything people are calling "AI" these days is just machine learning, which is to say, nonparametric regression. Where we have seen breakthroughs is in the results of applying huge quantities of data to flexible models to do very particular tasks in very particular environments. The systems we get from this are really good at that, but really fragile, in ways that don't mesh well with our intuition about human beings or even other animals. One of the great illustrations of this are what are called "adversarial examples", where you can take an image that a state-of-the-art classifier thinks is, say, a dog, and by tweaking it in tiny ways which are imperceptible to humans, you can make the classifier convinced it's, say, a car. On the other hand, you can distort that picture of a dog into an image something unrecognizable by any person while the classifier is still sure it's a dog.
In the meanwhile, though, lots of people will sell their learning machines as though they were real AI, with human-style competences, and this will lead to a lot of mischief and (perhaps unintentional) fraud, as the machines get deployed in circumstances where their performance just won't be anything like what's intended.