Description
Transformers increases our confidence that AI will contribute $30T to global equity market capitalization over the next 20 years.
Summary
- by James Wang, AnalystMarch 05, 2021 Modern artificial intelligence (AI) is powered predominantly by three categories of neural networks, each with distinct capabilities focused on different markets.
- For informational purposes only and should not be considered investment advice, or a recommendation to buy, sell or hold any particular security.
- While AI researchers needed five years to match human performance in the ImageNet Large Scale Visual Recognition Challenge, they took little more than a year to develop deep learning models that achieved human performance in the General Language Understanding Evaluation (GLUE) benchmark, as shown above.
- A new kind of workload, Transformer-based language models are roughly 10x more demanding computationally than image models, as shown above.