Hi, and welcome back to Semafor Tech.
The AI industry, and those who want to regulate it, made some big moves this week. Google launched the much-anticipated Gemini Ultra while the U.S. Commerce Department unveiled a new AI safety consortium.
But for all the excitement, large language models still haven’t gone from the experimental phase to the mission critical phase, where businesses can’t get by without them. That will likely happen, but the question is when.
What’s becoming clear to a lot of people I talk to is that it won’t happen without some new ideas on how to improve the reasoning ability of AI models. Right now, LLMs are knowledgeable, but they aren’t intelligent. Therefore, we can’t trust them to do much of anything that’s useful.
At the same time, regulators seem to be looking beyond the current capabilities, too. They’re asking companies employing AI tools to offer ways to peer into the models so they can be tested for things like bias and toxicity. But the technological infrastructure for that doesn’t yet exist.
Today, I highlighted one company that’s trying to build some of that foundation in a pretty novel way, by employing cryptography and the blockchain. While that fact alone is enough for some people to stop reading, I’ve found it interesting to see crypto technology become effective during its supposed “winter.” Read below for more.