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10 minutes
04.03.2024

Blog Post


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Moore's Law Accelerated

In this post for Sidecar's blog, marketing and events associate Kat Davis explains Moore's Law, highlighting AI’s rapid evolution, with computational power doubling every six months. Davis explains how organizations can leverage these advancements to engage communities and achieve their missions.

Moore’s Law in AI AI Exponential Growth AI for Nonprofits Strategic AI Adoption AI Data Insights

Takeaways

  • AI’s growth trajectory, driven by data, computation, and capital investment, doubles its power every six months.
  • For nonprofits and associations, focusing on AI technologies that align with their missions enables meaningful, scalable impact while avoiding overwhelm.
  • AI thrives on large datasets and reduced computing costs, turning raw data into actionable insights that transform engagement and operations.
  • A culture of continuous learning and strategic prioritization is critical to staying relevant and leveraging AI’s rapid advancements.
  • AI has surpassed human capabilities in language, image understanding, and predictive insights, presenting unprecedented opportunities for innovation.

Summary

AI's exponential growth is revolutionizing technology, offering nonprofits and associations transformative opportunities to enhance operations, anticipate needs, and uncover hidden insights in data. While daunting, this rapid progress is an invitation to innovate and leverage AI's potential for mission-driven impact. Historically, Moore’s Law predicted that microchip capabilities would double every two years, driving faster, smarter, and cheaper technology. However, AI’s growth now far outpaces this, doubling computational power every six months. This acceleration makes previously futuristic technologies accessible, reshaping engagement and data analysis.

AI’s momentum stems from a convergence of factors: the plummeting cost of computing, exponential data generation fueled by the internet, and significant investments in research and development. This trifecta enables groundbreaking neural networks and intelligent automation, allowing organizations to extract actionable insights from vast data pools. However, this rapid change presents challenges, requiring organizations to actively explore AI while navigating risks such as data misuse, cost uncertainties, and the need for clear governance.

The evolution of AI capabilities reflects an accelerated trajectory. Initial breakthroughs like handwriting recognition in the 1990s set the stage for advancements in deep learning. This technology revolutionized speech recognition, enabling tools like Siri and Alexa, and propelled progress in image recognition with projects like ImageNet. Recent strides in language understanding have seen AI surpass human capabilities in some areas, unveiling possibilities beyond current comprehension.

To keep pace with AI’s rapid advancements, organizations must focus on mission-aligned technologies, foster adaptability, and commit to continuous learning. Strategic engagement, rather than reactive adoption, ensures meaningful impact. AI’s democratization empowers organizations to enhance efficiency, innovate, and strengthen community connections. By embracing this evolution, organizations can proactively shape a future where AI transforms boundaries and drives innovation.

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Content rating = A
  • Accurate, researched data
  • Must-know
  • Easy to digest
Author rating = B
  • Experienced subject-matter writer
  • Shows future impact potential
Source rating = B
  • Acceptable editorial standards
  • Industry leader blog