CNBC's Jim Cramer looked back on the year of artificial intelligence and highlighted the impact it has had on the world.
“The good news: Generative AI can’t do everything,” Cramer said on his Thursday show. “The bad news? What it can do, it does better than we ever will, unless perhaps you are Einstein or Beethoven or Oppenheimer and Mozart.”
Cramer asked ChatGPT from OpenAI and Bard, Google's chatbot, to tell him how people use generative AI.
The use of generative AI to generate art such as music and photorealistic images has become popular and can sift through massive data sets to determine which drugs have the potential to cure medical problems that have yet to be solved. It can also be used to increase productivity, among many other applications.
“Generative artificial intelligence can do pretty much anything it wants, anything we want, and if we don’t ask it to do it, another company will do it, and that competitor will get the answer faster and better than we can get to it can, why. “Everyone orders all this stuff,” Cramer said.
Cramer also pointed out that the technology can be alarming in some ways. After studying hard, he earned a “Summa Cum Laude” grade on his general exams at Harvard, but he said that was something Bard could have beaten him at.
The number of applications of generative AI is staggering, but Cramer said the potential of the technology itself is not what limits it.
“Because AI is so amazing, we may never again have enough semiconductors to meet the demand for all of these use cases, because it's hard to imagine anything that these two programs really can't do,” Cramer said.