Trust in AI technology and the companies that develop it is dropping, in both the U.S. and around the world, according to new data from Edelman shared first with Axios.
Why it matters: The move comes as regulators around the world are deciding what rules should apply to the fast-growing industry. “Trust is the currency of the AI era, yet, as it stands, our innovation account is dangerously overdrawn,” Edelman global technology chair Justin Westcott told Axios in an email. “Companies must move beyond the mere mechanics of AI to address its true cost and value — the ‘why’ and ‘for whom.’”
I recently heard a story about a teacher who had their class have ChatGPT write their essay for them, and then had them correct the essays afterward and come back with the results. Turns out, even when it cited sources, it was wrong something like 45% of the time and oftentimes made stuff up that wasn’t in the sources it was citing or had absolutely no relevance to the source.