According to Decrypt, OpenAI COO Brad Lightcap has expressed concerns about the overhyped impact of artificial intelligence (AI) on businesses, particularly when it comes to boosting the bottom line. In a recent interview with CNBC, Lightcap stated that AI is unlikely to deliver substantive business change in one fell swoop. He emphasized that there is rarely a single solution that AI can provide to solve complex business problems. This more conservative view is becoming increasingly common among AI industry leaders, such as Yann LeCun, Chief AI Scientist at Meta, who likened today's AI to 'cat-level' or 'dog-level' intelligence.
Regulators are also adjusting expectations while remaining cautious about AI's potential. Christy Goldsmith Romero, Commissioner at the Commodity Futures Trading Commission (CFTC), highlighted the need for balanced AI regulation in financial markets. She warned that excessive reliance on a few AI models could lead to herd behavior and stressed the importance of understanding and monitoring AI in regulated services. Lightcap's perspective aligns with the more moderate views of OpenAI CEO Sam Altman, who believes the path to artificial general intelligence (AGI) is more about incremental advancements rather than sweeping business transformations. Lightcap suggests that AI should be seen as a companion to enhance human capabilities, rather than a substitute for real work and creativity.