[Market Trends] Transformations in AI: why foundation models are the future | IBM Technology
📌 Empowering the Future: The Game-Changing Role of Foundation Models in AI
In a podcast episode hosted by Malcolm Gladwell, the focus is on the transformative potential of artificial intelligence (AI) in business and its broader societal impacts. The guest, Dr. David Cox, a VP at IBM and director of the MIT-IBM Watson AI Lab, discusses the evolution of AI from niche academic concepts to major industrial applications. He emphasizes the role of foundation models, a term coined by Stanford, as pivotal in AI development. These models, unlike traditional AI tools, offer a versatile, comprehensive platform that simplifies and enhances AI deployment across various sectors. The conversation also covers the implications of AI in addressing climate change, improving material sciences, and the ethical concerns related to AI biases.