Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Despite all of the potential for artificial intelligence to solve our most vexing problems, it's still in a primitive state, according to a new report by Stanford University. But a separate paper, this one by Alphabet's DeepMind, suggests again that it has made some of its best progress in the narrow realm of games.

Why it matters: Those advances are important, but life isn't a game. AI progress outside of these areas has been harder to define and track. "The most important thing for AI is to go from exceptional promise to use in actual everyday life," Martial Hebert, director of the Robotics Institute at Carnegie Mellon University, tells Axios.

Expand chart
Note: Funding data for 2017 is partial through July. Data: Artificial Intelligence Index; Chart: Chris Canipe / Axios

Here are key takeaways from the Stanford report, called the AI Index:

  • AI investment is through the roof: Between 2000 and 2017, the number of AI startups in the U.S. grew 14X — from 47 to 649. Annual VC investment in AI rose 6X last year, to $3.5 billion.
  • AI skills are in demand: The number of U.S. job postings on Monster.com listing AI as a required skill was about 11,100 last year. So far this year, the number is 31,000.
  • A race is on between the U.S. and China: Kai-fu Lee, CEO of Sinovation, a Beijing-based VC firm, said in the report that China is making impressive progress in AI, and has far more data—the main building block of robust AI—to work with than anyone else. "In this age of AI, I predict that the United States-China duopoly is not only inevitable. It has already arrived," he said.
  • AI is good—at some things: AI is on par or better than humans at detecting objects in an image. (Machines can do this with half the error rate of humans.).
  • Yes, but: Algorithms struggle to capture the nuanced meaning in the words we use and how we use them. This is an active area of research. At the Allen Institute for Artificial Intelligence, an algorithm now scores about 42% on science questions an 8th grader might encounter, an improvement of 12% since the beginning of 2016. "We continue to move the score higher and higher," says Institute director Oren Etzioni.

The new advances in games: In a paper released yesterday, DeepMind, a top AI lab, introduced AlphaZero, an algorithm that in just 24 hours learned chess and its Japanese version Shogi, and went on to beat world champions in both.

  • AI is beating us at other games, too: It has beat expert humans at Go, Pac-Man and Texas Hold'Em. Work on the latter won the award for best paper at a top AI conference underway this week in Long Beach, CA.

Why it matters: Poker is particularly interesting for AI researchers because information in the game—an opponent's hand, for one—is hidden and deception is a key part of a player's strategy. That makes the game similar to real-world financial markets and political campaigns, where AI could eventually be deployed.

Along the same lines, Facebook and DeepMind are looking to conquer StarCraft, a multiplayer videogame of complexity that dwarfs Go.

  • And experts worry about hype: In an expert comment included in the Stanford report, Michael Wooldridge, head of computer science at Oxford University, said exaggeration has created an AI bubble:
"There are plenty of charlatans and snake oil salesmen out there, who are quite happy to sell whatever they happen to be doing as AI, and it is a source of great personal frustration that the press are happy to give airtime to views on AI that I consider to be ill-informed at best, lunatic fringe at worst."

What's needed: Gregory Allen, an adjunct fellow at the Center for a New American Security, said the field should establish solid long-term milestones for future progress. In the space race, the milestones were breaking the sound barrier, reaching space, reaching orbit, then reaching the Moon.

"If we want to think about future implications of AI in society, it would be helpful to have a longer runway," he said.

Go deeper

Cuomo barraged by fellow Dems after second harassment accusation

New York Gov. Andrew Cuomo faced a barrage of criticism from fellow Democrats after The New York Times reported that the second former aide in four days had accused him of sexual harassment.

Why it matters: Cuomo had faced a revolt from legislators for his handling of nursing-home deaths from COVID. Now, the scandal is acutely personal, with obviously grave political risk.

2 hours ago - Health

Fauci: Children "very likely" to get COVID vaccine at start of 2022

NIAID Director Anthony Fauci. Photo: Win McNamee/Getty Images)

Children under age 12 will "very likely" be able to get vaccinated for coronavirus at the "earliest the end of the year, and very likely the first quarter of 2022," NIAID Director Anthony Fauci told "Meet the Press" Sunday.

Why it matters: Children generally aren't at risk of serious coronavirus infections, but vaccinating them will be key to protecting the adults around them and, eventually, reaching herd immunity, writes Axios' Caitlin Owens.

Virginia lawmakers vote to legalize marijuana in 2024

Virginia Gov. Ralph Northam. Photo: Alex Edelman/Getty Images

Lawmakers in Virginia on Saturday approved compromise legislation that would legalize marijuana in 2024, putting the state a step closer to becoming the first in the South to end prohibition on the drug, the Richmond Times-Dispatch reports.

Why it matters: The legislation will make Virginia the 16th state to legalize marijuana, per Politico. It would add to a slate of laws that have seen Virginia move in a more progressive direction during the tenure of Gov. Ralph Northam.