Google Brain founder Andrew Ng says AGI is overhyped
AGI refers to AI systems with human-level cognitive abilities.
Scientists like Yann LeCun and Demis Hassabis have also said AGI fears may be exaggerated.
Google Brain's founder Andrew Ng said that he thinks artificial general intelligence is overrated.
"AGI has been overhyped," he said in a talk at Y Combinator published on Thursday. "For a long time, there'll be a lot of things that humans can do that AI cannot."
AGI refers to a stage when AI systems possess human-level cognitive abilities and can learn and apply knowledge just like people.
Ng, who runs several AI-focused businesses, made the remarks in response to a question about whether he thinks it is more important for humans to develop AI tools or learn how to use them better.
"Some of us will build tools sometimes, but there are a lot of other tools others will build that we can just use," he said. "People that know how to use AI to get computers to do what you want it to do will be much more powerful."
He added that we don't have to worry about people "running out of things to do," but we should be mindful that people using AI will have advantages over those who don't.
Ng joins a series of top AI researchers who say that, given the state of the technology, fears of AGI are overblown.
Meta's chief AI scientist, Yann LeCun, said that large language models are "astonishing" but limited.
"They're not a road towards what people call AGI," he said in an interview last year. "I hate the term. They're useful, there's no question. But they are not a path towards human-level intelligence."
Google DeepMind chief Demis Hassabis has said that AGI is both overhyped and underestimated.
"AGI, AI itself, is a little bit overhyped in the short term," he said at a conference in London last week. "Despite that, it's still underestimated, how big, enormous a change it's going to be in a more like 10-year timeframe."
Microsoft's CEO, Satya Nadella, has called the push toward AGI "benchmark hacking." The term refers to when AI researchers and labs design AI models to perform well on industry benchmarks, rather than in real life, in the race to become the best-performing model.
Read the original article on Business Insider
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
23 minutes ago
- Yahoo
Niio Launches Streaming Art & Signage Service, Bringing Curated Visual Art Experiences to Every Screen
Any screen. Any space. An always-on canvas for art, ambience, and digital culture NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Niio, the world's leading platform for streaming curated digital art, today announces the launch of its new Art & Signage Subscription Service—a breakthrough offering that transforms any screen into an always-on canvas for curated visual art experiences, with optional features for branded content and messaging. Already trusted by global brands like Hilton, Marriott, Samsung, and Meta, Niio's technology is now available to businesses of all sizes—bringing high-impact visual culture into everyday spaces, from boutique hotels and wellness studios to clinics, salons, professional offices, and creatively driven workspaces. Reimagining Screens in the Age of Digital Culture Over 30% of businesses have public facing screens on their walls. And yet, most of them sit idle—either off, playing daytime TV, looping dashboards, or displaying generic corporate messaging. Niio changes that. With a simple app installation, any screen becomes a source of beauty, inspiration, and ambience. The platform delivers high-quality, always-on digital art that enhances how people feel—and how they engage with the space around them. An Elegant Platform for Art, Atmosphere, and Messaging Designed for the experience economy and built for simplicity, Niio's platform provides: The world's largest curated library of digital artworks, from nearly 10,000 artists and galleries in 150+ countries Support for all digital formats, including photography, video, AI-generated, and code-based generative art Pre-curated playlists by industry and theme, plus AI-powered tools to curate personalized art experiences Stunning 4K playback on supported devices Integrated signage features to upload branded content or announcements Full scheduling tools for rotating between art and messaging content And with Niio's proprietary Default Art Mode, screens automatically revert to curated digital art when not in use—creating a seamless, elevated experience throughout the day. Enterprise-Grade Power. Self-Service Simplicity. Niio offers two tailored access models: Enterprise: For global brands and property portfolios, Niio powers large-scale digital art strategies across public areas and private spaces. Self-Service: Starting at just $50/month, any business can activate a Niio-powered experience in minutes—just like installing a Netflix or Spotify app. Available on 300M+ Devices Worldwide Niio is compatible with every major platform, including: Amazon Fire TV and the Amazon Signage Stick Samsung Tizen, LG WebOS Android TV and Google TV Apple TV Through strategic partnerships with Samsung, Amazon, and others, Niio ensures global accessibility and simple deployment—at scale or screen-by-screen. A New Form of Patronage By subscribing to Niio, every business becomes a patron of the arts—supporting working artists from around the world. Each screen-turned-canvas not only enriches a space, but also directly benefits the creator behind the work. With content curated to suit every environment and mood, Niio offers businesses a meaningful way to engage with art and culture while inspiring their audiences. Leadership Commentary Rob Anders, Co-Founder & CEO of Niio: 'We've spent years helping global brands integrate digital art into physical environments. With this launch of our new streaming art subscription service, we're opening access to one of the most significant collections of curated visual art experiences—backed by powerful tools and thoughtful design. Any screen can now become a source of beauty and meaning, while supporting the global artist community.' Availability Niio's Streaming Art & Signage Subscription is available globally today. Plans start at $50/month, with a 30-day free trial and exclusive hardware bundles available at About Niio Niio is the world's leading platform for streaming, curating, and experiencing digital art. Operating in over 150 countries and working with nearly 10,000 artists and galleries, Niio turns screens into immersive cultural experiences—transforming how businesses use space, connect with audiences, and support the arts. A photo accompanying this announcement is available at A video accompanying this announcement is available at CONTACT: Contact: nora@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Yahoo
23 minutes ago
- Yahoo
Figma set to debut as blockbuster US IPO lifts revival hopes
By Manya Saini and Niket Nishant (Reuters) -Design software firm Figma will begin trading later on Thursday after raising $1.22 billion in a blowout U.S. float, setting the stage for a flurry of high-growth tech listings and strengthening a rebound in the IPO market. The company, which priced the deal at $33, above an already raised range, secured a valuation of $19.34 billion, just shy of the $20 billion it was set to fetch in a scrapped buyout deal with industry giant Adobe in December 2023. The U.S. initial public offerings market has bounced back after tariff-driven volatility briefly paused listings in April, putting 2025 on track to end a nearly three-year dry spell. "Fast-growing software IPOs have been extremely rare during the past three years, so deals like this tend to get a lot of attention," said Matt Kennedy, senior strategist at Renaissance Capital, a provider of IPO-focused research and ETFs. "Because of this three-year bottleneck, tech IPO investors have been starved for new deals." Recent tech IPOs have drawn strong investor interest and delivered solid post-listing gains, fueling optimism around new offerings from high-growth and AI-focused firms. The San Francisco, California-based startup and some of its existing investors sold 36.9 million shares in the offering. Figma makes collaborative design software used to build websites, apps and digital products, and customers include streaming giant Netflix, travel firm Airbnb and language learning app Duolingo. "From a private markets perspective, Figma's IPO is a bellwether event for the tech sector," said Derek Hernandez, senior analyst, emerging technology at PitchBook. AI RACE Design software firms are racing to integrate generative-AI tools that automate tasks like image creation, layout suggestions and code generation, as companies jostling to win enterprise clients and creative teams. Figma, in its IPO filing, flagged intense competition, particularly from rapid AI adoption, as a potential headwind, warning it could cede market share. "We're already investing heavily in AI and we plan to double down even more in this area. AI spend will potentially be a drag on our efficiency for several years," Figma CEO Dylan Field in the IPO prospectus. "AI is also core to how design workflows will evolve going forward." The push has accelerated since Adobe, Microsoft and others began rolling out AI features aimed at speeding up workflows and cutting costs. "Software companies with a strong AI element to them seem to be assets that investors want to buy," said Will Braeutigam, U.S. capital markets transactions leader at Deloitte. Figma, for its part, has rolled out several products built around AI as it looks to stay competitive and meet growing demand for automation in design workflows. "If this company didn't have an AI strategy, it would not be seeing this level of demand," Renaissance Capital's Kennedy said. Figma's prominent backers include Silicon Valley venture capital giants Kleiner Perkins and Sequoia. Its revenue surged 46% year-over-year to $228.2 million in the three months ended March 31. For the full-year 2024, its revenue jumped 48% to $749.01 million. It posted a per share loss of $3.74 versus a profit of $1.62 in 2023. It is common for high-growth startups to be unprofitable at the time of listing, but investors have turned more selective, placing greater focus on those with clear paths to profitability and sustainable growth. Morgan Stanley, Goldman Sachs, Allen & Co and J.P. Morgan are the lead underwriters of the IPO. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23 minutes ago
- Yahoo
AI infrastructure company fal raises $125 million, valuing company at $1.5 billion
By Anna Tong SAN FRANCISCO (Reuters) -Artificial intelligence infrastructure company fal raised a $125 million Series C round valuing the company at $1.5 billion, the company said Thursday. Venture capital fund Meritech led the round with participation from Salesforce Ventures, Shopify Ventures and Google AI Futures fund. Existing investors Bessemer Venture Partners, Kindred Ventures, Andreessen Horowitz, Notable Capital, First Round Capital, Unusual Ventures and Village Global also participated in the round. San Francisco-based fal, which specializes in running audio, video and image models on behalf of enterprises, is part of a growing class of service providers to companies looking to use AI models that are not text-based, sometimes known as multimodal models or generative media models. In particular, image generation AI models, where users type in prompts to generate novel images, have taken off with consumers this year. While ChatGPT's initial viral takeoff was from its ability to generate paragraphs of text, its most recent viral moment came in April when it unveiled the ability to create images based on the hand-drawn style of famed Japanese animation outfit Studio Ghibli. Thanks to that feature, ChatGPT's average weekly active users breached the 150 million mark for the first time, according to data from market research firm Similarweb. Most of fal's customers are using its platform for enterprise purposes, such as to create different images of a product for an ecommerce website or for online advertising. "With generative AI, you can create infinite iterations of the same ad," fal CEO Burkay Gur told Reuters. "You can create different versions for different demographics. You can A/B test it as much as you want. And there is incremental value on each asset that you create."