Artificial Intelligence Innovation's Acolyte by Joshua Eworo

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University of Notre Dame *

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English

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Feb 20, 2024

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docx

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[Last Name] 1 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
[Last Name] 2 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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