Jimmy Wales, founder of Wikipedia at CogX Festival London. Matthew Davies / The National
Jimmy Wales, founder of Wikipedia at CogX Festival London. Matthew Davies / The National
Jimmy Wales, founder of Wikipedia at CogX Festival London. Matthew Davies / The National
Jimmy Wales, founder of Wikipedia at CogX Festival London. Matthew Davies / The National

AI doesn't herald the end of Wikipedia, says founder


Matthew Davies
  • English
  • Arabic

The founder of Wikipedia has told a technology conference in London that the company is "for now, not worried" that artificial intelligence could spell the end of the online encyclopaedia.

Speaking at the CogX Festival, Jimmy Wales said "the problem with ChatGPT and other models is that they hallucinate far too much."

ChatGPT, which was developed by OpenAI and has the financial backing of Microsoft, will trail through the internet at breakneck speed to bring together what the algorithm calculates will be the most informative answer to a particular question.

One of Mr Wales' examples of it "hallucinating" is when he asks the question of the sophisticated AI chatbot, ChatGPT, 'who did Kate Garvey (his wife) marry?'

"I get a different answer everyday, so that's quite fun. The favourite was that she married (British politician) Peter Mandelson."

"That kind of example illustrates what isn't working," he added.

  • Entrance to the CogX Festival in London. Courtesy CogX
    Entrance to the CogX Festival in London. Courtesy CogX
  • Face of the future ... the CogX Festival. Courtesy CogX
    Face of the future ... the CogX Festival. Courtesy CogX
  • Delegates gather at the festival. Matthew Davies / The National
    Delegates gather at the festival. Matthew Davies / The National
  • A delegate wears a headset at the festival. Courtesy CogX
    A delegate wears a headset at the festival. Courtesy CogX
  • Delegates at the festival. Courtesy CogX
    Delegates at the festival. Courtesy CogX
  • The CogX Festival stage. Matthew Davies / The National
    The CogX Festival stage. Matthew Davies / The National
  • A panel at the CogX Festival. Matthew Davies / The National
    A panel at the CogX Festival. Matthew Davies / The National
  • Leading British entrepreneur Mustafa Suleyman at CogX. Matthew Davies / The National
    Leading British entrepreneur Mustafa Suleyman at CogX. Matthew Davies / The National
  • Mr Suleyman at the festival. Matthew Davies / The National
    Mr Suleyman at the festival. Matthew Davies / The National
  • Ebtesam Almazrouei, executive director for the Al-Cross Centre Unit at the Technology Innovation Institute. Matthew Davies / The National
    Ebtesam Almazrouei, executive director for the Al-Cross Centre Unit at the Technology Innovation Institute. Matthew Davies / The National
  • Amy Challen, general manager for AI at Shell, was also at CogX in London. Matthew Davies / The National
    Amy Challen, general manager for AI at Shell, was also at CogX in London. Matthew Davies / The National
  • A panel at the CogX Festival in London. Courtesy CogX
    A panel at the CogX Festival in London. Courtesy CogX
  • Speakers at the CogX Festival in London. Courtesy CogX
    Speakers at the CogX Festival in London. Courtesy CogX
  • A speaker a the CogX Festival in London. Courtesy CogX
    A speaker a the CogX Festival in London. Courtesy CogX
  • Speakers at the CogX Festival in London. Courtesy CogX
    Speakers at the CogX Festival in London. Courtesy CogX
  • A speaker at the CogX Festival in London. Courtesy CogX
    A speaker at the CogX Festival in London. Courtesy CogX
  • A general view of the CogX Festival in London. Matthew Davies / The National
    A general view of the CogX Festival in London. Matthew Davies / The National
  • Alex Younger, David van Weel and Polly Curtis, the AI and security panel at CogX. Matthew Davies / The National
    Alex Younger, David van Weel and Polly Curtis, the AI and security panel at CogX. Matthew Davies / The National

'Not make stuff up out of thin air'

Mr Wales pointed to the issue of grounding as one of "harder problems" with AI and getting the technology not "make stuff up out of thin air."

"Because the way the technology works, it's this giant probability model that predicts the next word, and it really doesn't know where it got the information."

"One of our complaints about ChatGPT for example, as we begin to try and use it in small ways, is that if you ask it how it knew a certain thing, it has no idea."

Nonetheless, he does believe that advances will be made and that, at the moment, Wikipedia was looking at ways to use AI technology to "build useful tools for our community volunteers."

However, for Mr Wales AI has been full of surprises.

"If you went back 20 years, and said, 'what would the first AI be like?' I think most people would have said that it'll be very dry, it'll just spin out facts and have no creativity whatsoever.

"But it turned out to be exactly the opposite. If you ask ChatGPT to tell you a joke, it's actually quite clever."

On the future of AI and where it will take the world, Mr Wales seemed both excited and trepidatious, which in many ways summed up the mood of the three-day CogX Festival.

How close the world is to a point in the future where technological development is so advanced that it is uncontrollable and irreversible, often referred to as the singularity, is a matter of much debate.

"I don't think it's that close, but then again, I was pretty surprised many times," Mr Wales said.

"Lots of things come very fast and we're surprised by them. But should we get out our axes and start bashing computers?...I don't know."

UAE currency: the story behind the money in your pockets
Traits of Chinese zodiac animals

Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent   

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

SCHEDULE

Saturday, April 20: 11am to 7pm - Abu Dhabi World Jiu-Jitsu Festival and Para jiu-jitsu.

Sunday, April 21: 11am to 6pm - Abu Dhabi World Youth (female) Jiu-Jitsu Championship.

Monday, April 22: 11am to 6pm - Abu Dhabi World Youth (male) Jiu-Jitsu Championship.

Tuesday, April 23: 11am-6pm Abu Dhabi World Masters Jiu-Jitsu Championship.

Wednesday, April 24: 11am-6pm Abu Dhabi World Professional Jiu-Jitsu Championship.

Thursday, April 25: 11am-5pm Abu Dhabi World Professional Jiu-Jitsu Championship.

Friday, April 26: 3pm to 6pm Finals of the Abu Dhabi World Professional Jiu-Jitsu Championship.

Saturday, April 27: 4pm and 8pm awards ceremony.

German plea
Ukrainian President Volodymyr Zelenskyy told the German parliament that. Russia had erected a new wall across Europe. 

"It's not a Berlin Wall -- it is a Wall in central Europe between freedom and bondage and this Wall is growing bigger with every bomb" dropped on Ukraine, Zelenskyy told MPs.

Mr Zelenskyy was applauded by MPs in the Bundestag as he addressed Chancellor Olaf Scholz directly.

"Dear Mr Scholz, tear down this Wall," he said, evoking US President Ronald Reagan's 1987 appeal to Soviet leader Mikhail Gorbachev at Berlin's Brandenburg Gate.

GIANT REVIEW

Starring: Amir El-Masry, Pierce Brosnan

Director: Athale

Rating: 4/5

Hamilton profile

Age 32

Country United Kingdom

Grands Prix entered 198

Pole positions 67

Wins 57

Podiums 110

Points 2,423

World Championships 3

States of Passion by Nihad Sirees,
Pushkin Press

Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

UAE currency: the story behind the money in your pockets
Scoreline:

Cardiff City 0

Liverpool 2

Wijnaldum 57', Milner 81' (pen)

The design

The protective shell is covered in solar panels to make use of light and produce energy. This will drastically reduce energy loss.

More than 80 per cent of the energy consumed by the French pavilion will be produced by the sun.

The architecture will control light sources to provide a highly insulated and airtight building.

The forecourt is protected from the sun and the plants will refresh the inner spaces.

A micro water treatment plant will recycle used water to supply the irrigation for the plants and to flush the toilets. This will reduce the pavilion’s need for fresh water by 30 per cent.

Energy-saving equipment will be used for all lighting and projections.

Beyond its use for the expo, the pavilion will be easy to dismantle and reuse the material.

Some elements of the metal frame can be prefabricated in a factory.

 From architects to sound technicians and construction companies, a group of experts from 10 companies have created the pavilion.

Work will begin in May; the first stone will be laid in Dubai in the second quarter of 2019. 

Construction of the pavilion will take 17 months from May 2019 to September 2020.

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
Januzaj's club record

Manchester United 50 appearances, 5 goals

Borussia Dortmund (loan) 6 appearances, 0 goals

Sunderland (loan) 25 appearances, 0 goals

Warlight,
Michael Ondaatje, Knopf 

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Updated: September 14, 2023, 3:13 PM