Dubai Telegraph - As AI gets real, slow and steady wins the race

EUR -
AED 4.269099
AFN 72.644925
ALL 95.076242
AMD 427.973788
ANG 2.080952
AOA 1066.940946
ARS 1619.310336
AUD 1.62529
AWG 2.093493
AZN 1.98043
BAM 1.952096
BBD 2.341856
BDT 142.721021
BGN 1.940855
BHD 0.438457
BIF 3459.420975
BMD 1.162245
BND 1.486405
BOB 8.034892
BRL 5.877243
BSD 1.162694
BTN 111.524295
BWP 16.447074
BYN 3.235716
BYR 22779.993656
BZD 2.338503
CAD 1.598842
CDF 2612.149237
CHF 0.914675
CLF 0.026819
CLP 1055.53936
CNY 7.914774
CNH 7.919977
COP 4429.104869
CRC 527.444525
CUC 1.162245
CUP 30.799481
CVE 110.588029
CZK 24.31021
DJF 206.554563
DKK 7.471262
DOP 69.212121
DZD 154.461189
EGP 61.40658
ERN 17.433669
ETB 183.112088
FJD 2.561762
FKP 0.862257
GBP 0.872032
GEL 3.115269
GGP 0.862257
GHS 13.296531
GIP 0.862257
GMD 84.267207
GNF 10201.606223
GTQ 8.870283
GYD 243.262581
HKD 9.103804
HNL 30.944808
HRK 7.532628
HTG 152.244207
HUF 361.702584
IDR 20458.933129
ILS 3.393104
IMP 0.862257
INR 111.565078
IQD 1522.540392
IRR 1533000.593877
ISK 143.572521
JEP 0.862257
JMD 183.721378
JOD 0.824077
JPY 184.466856
KES 150.336783
KGS 101.638735
KHR 4663.510767
KMF 492.792107
KPW 1046.022246
KRW 1740.612787
KWD 0.358716
KYD 0.968978
KZT 545.863586
LAK 25511.268811
LBP 104318.488614
LKR 381.960138
LRD 213.126644
LSL 19.165856
LTL 3.431807
LVL 0.703031
LYD 7.351242
MAD 10.722914
MDL 20.115176
MGA 4861.669457
MKD 61.623504
MMK 2440.295192
MNT 4160.224164
MOP 9.378066
MRU 46.490185
MUR 54.835139
MVR 17.910628
MWK 2024.053269
MXN 20.149374
MYR 4.59029
MZN 74.271763
NAD 19.165851
NGN 1592.845004
NIO 42.678058
NOK 10.814225
NPR 178.438473
NZD 1.985725
OMR 0.446324
PAB 1.162714
PEN 3.989409
PGK 5.093
PHP 71.603608
PKR 323.830439
PLN 4.246552
PYG 7085.554754
QAR 4.236426
RON 5.155838
RSD 117.369313
RUB 84.565601
RWF 1697.458201
SAR 4.397708
SBD 9.316927
SCR 15.774497
SDG 697.932139
SEK 10.984146
SGD 1.488259
SHP 0.867733
SLE 28.595478
SLL 24371.690047
SOS 664.227031
SRD 43.52959
STD 24056.116125
STN 24.755809
SVC 10.173695
SYP 128.465739
SZL 19.165842
THB 37.936092
TJS 10.848401
TMT 4.079478
TND 3.365284
TOP 2.798406
TRY 52.864738
TTD 7.892702
TWD 36.69962
TZS 3021.836282
UAH 51.33988
UGX 4365.715804
USD 1.162245
UYU 46.571628
UZS 14005.047508
VES 592.917692
VND 30630.955755
VUV 137.052406
WST 3.144567
XAF 654.725887
XAG 0.015287
XAU 0.000256
XCD 3.141025
XCG 2.09556
XDR 0.813493
XOF 654.344081
XPF 119.331742
YER 277.315726
ZAR 19.39541
ZMK 10461.600028
ZMW 21.888841
ZWL 374.242279
  • RBGPF

    0.8900

    61.68

    +1.44%

  • RELX

    0.9400

    32.4

    +2.9%

  • AZN

    -3.3800

    181.58

    -1.86%

  • RYCEF

    -0.8300

    15.1

    -5.5%

  • RIO

    -5.9000

    103.69

    -5.69%

  • VOD

    -0.8000

    14.68

    -5.45%

  • GSK

    -0.8289

    49.67

    -1.67%

  • BP

    0.7292

    44.35

    +1.64%

  • BTI

    -1.6100

    65.09

    -2.47%

  • CMSC

    -0.1150

    22.98

    -0.5%

  • NGG

    -6.7900

    80.64

    -8.42%

  • CMSD

    -0.4500

    23.05

    -1.95%

  • BCC

    -3.4100

    65.99

    -5.17%

  • BCE

    -0.4000

    23.79

    -1.68%

  • JRI

    -0.5565

    12.45

    -4.47%

As AI gets real, slow and steady wins the race
As AI gets real, slow and steady wins the race / Photo: Sameer Al-DOUMY - AFP

As AI gets real, slow and steady wins the race

In the wake of ChatGPT's dramatic arrival two years ago, companies are excited about generative AI's possibilities but heading into 2025 with careful deliberation rather than rushing to transform their operations.

Text size:

The Channel Tunnel, one of the world's most strained travel checkpoints, presents a compelling example of AI's current limitations and practical applications.

Each day, 400 of the world's largest locomotives cross the tunnel linking France and Britain, with nearly 11 million rail passengers and 2 million cars carried through annually.

For GetLink, the company managing the 800-meter-long trains, caution around AI implementation remains paramount.

"We're in a highly regulated business. We're not kidding around. These are very strict procedures," explained Denis Coutrot, GetLink's Chief Data and AI officer.

Rather than controlling train operations, their AI primarily handles more mundane tasks like searching through rules and regulations.

The legal sector, initially viewed as prime for AI disruption, tells a similar story.

"ChatGPT is obviously incredible. But it's really quite hard to apply it in your day-to-day workflows in a way that is impactful," noted James Sutton, founder and CEO of Avantia Law.

- 'Verify everything' -

While AI excels at basic tasks like searching legal databases and generating simple summaries, more complex work requires careful human oversight.

Sutton explained that AI's inconsistency remains a challenge: "One contract I can put in and the AI kicks it out perfectly. Another one will be 40 percent right. That lack of certainty means lawyers still have to verify everything."

The tech industry presents a more aggressive adoption curve.

Google reports that 25 percent of its coding is now handled by generative AI.

JetBrains CEO Kirill Skrygan predicts that by next year, AI will handle about 75-80 percent of all coding tasks.

"Developers are using AI as assistants to generate code, and these numbers are growing every day," said Skrygan at the Web Summit in Lisbon.

"The next level is coding agents that can resolve entire tasks usually assigned to developers."

He suggested that over time, these agents could replace virtually all of the world's millions of developers.

Visual design industries, particularly fashion, are seeing significant impact from AI image generators like DALL-E, Midjourney, and Stable Diffusion.

These tools are already transforming work habits and shortening time-to-market for new collections.

In healthcare, despite a study showing AI's potential —including one where ChatGPT outperformed human doctors in diagnosis from case histories — practitioners remain hesitant to fully embrace the technology.

"They didn’t listen to AI when AI told them things they didn’t agree with," Dr. Adam Rodman, who carried out the study, told the New York Times.

- 'Very concerned' -

Companies face a complex calculation between innovation, prudence and how much they are willing to spend.

"It will take some time for the market to sort out all of these costs and benefits, especially in an environment where companies are already feeling hesitation around technology investments," observed Seth Robinson, VP for industry research at CompTIA.

Anant Bhardwaj, CEO of Instabase, believed that AI's limitations were real but temporary.

"The real new innovation, like new physics or new ways of space exploration, those are still beyond the reach of AI... If people think that AI can solve every single human problem, the answer today is 'No.'"

While AI excels at processing existing patterns and data, Bhardwaj argued it lacks the human curiosity needed to explore truly new frontiers.

But he predicted that within the next decade, most industries will have some form of AI-driven operations, with humans in the backseat, but complete AI autonomy remains distant.

Still, the disruption caused by AI is coming hard and fast, and countries must be prepared.

"White collar process work is hugely impacted, that's already happening. Call centers is already happening," Professor Susan Athey of Stanford University told a statistics conference at the IMF.

Athey, an economist of the tech industry, expressed worry about regions where a core profession such as call centers risked being swept away by AI.

"Those are ones I would really watch very carefully. Any country that specializes in call centers, I'm very concerned about that country," she said.

W.Darwish--DT