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THE DAILY INDEX

Technology, AI, software, security, crypto and business

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ANDREW NG SAYS AGI IS DECADES AWAY—AND THE REAL AI BUBBLE RISK IS IN THE TRAINING LAYER

Andrew Ng, founder of DeepLearning.AI and Coursera, executive chairman of Landing AI, and founding lead of the Google Brain team, says that AI capable of performing the full breadth of human intellectual tasks remains decades away. He recently appeared in an interview where he discussed enterprise adoption of agentic AI, whether AI is in a bubble, the AI infrastructure build-outs, geopolitical fragmentation and its effects on global AI strategy, and more. This post contains a transcript of that interview.

WHEN AI LABS BECOME DEFENSE CONTRACTORS

Government contacts offer predictable, multi-year, politically protected revenue streams that don't churn when a competitor releases a better model. Any lab serious about classified work has to build an organizational structure that meets government operational security requirements, and the lab that builds that structure first has a moat that no competitor can cross quickly. The defense budget is the largest single purchaser of advanced technology on the planet, and it's growing. Its multi-year contract cycles reward incumbents, and it's willing to use blunt regulatory tools against companies that don't cooperate.

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