Qualcomm CEO: AI will become pervasive, at the edge, and run on Snapdragon SoC devices

Cristiano Amon, President & CEO, Qualcomm discusses Qualcomm’s role in the AI evolution and how AI will impact our workplaces and homes in the near future with Bloomberg’s Ed Ludlow at the Bloomberg Technology Summit.

“If AI becomes pervasive (which we believe it will), it’s going to happen at the edge.  That’s how you should think about Qualcomm.  If AI is going to get scale, you’re going to see it running on Qualcomm Snapdragon (SoC) devices, whether it’s on your phone, in your car, in your PC or in other machines.”

“For generative AI to become truly mainstream, much of the inferencing will need to be executed on edge devices,” said Ziad Asghar, senior vice president of product management, Qualcomm Technologies, Inc. “Our best-in-class AI hardware and software empowers developers to make full use of our powerful AI capabilities, delivering incredible new user experiences on laptops, phones and other devices powered by Snapdragon.”

Qualcomm’s Sascha Segan explains on-device generative AI and Stable Diffusion in this video.

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“Generative artificial intelligence” is set to add up to $4.4 trillion of value to the global economy annually, according to a report from McKinsey Global Institute, in what is one of the rosier predictions about the economic effects of the rapidly evolving technology.

Generative A.I., which includes chatbots such as ChatGPT that can generate text in response to prompts, can potentially boost productivity by saving 60 to 70 percent of workers’ time through automation of their work, according to the 68-page report, which was published early Wednesday. Half of all work will be automated between 2030 and 2060, the report said.

McKinsey had previously predicted that A.I. would automate half of all work between 2035 and 2075, but the power of generative A.I. tools — which exploded onto the tech scene late last year — accelerated the company’s forecast.

“Generative A.I. has the potential to change the anatomy of work, augmenting the capabilities of individual workers by automating some of their individual activities,” the report said.

McKinsey’s report is one of the few so far to quantify the long-term impact of generative A.I. on the economy. The report arrives as Silicon Valley has been gripped by a fervor over generative A.I. tools like ChatGPT and Google’s Bard, with tech companies and venture capitalists investing billions of dollars in the technology.

https://www.nytimes.com/2023/06/14/technology/generative-ai-global-economy.html

References:

https://www.qualcomm.com/news/releases/2023/05/qualcomm-and-microsoft-align-efforts-to-scale-on-device-ai-at-bu

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