The 2024 AI Index Report, the seventh edition, is the most comprehensive to date, reflecting the growing influence of AI on society. This year's report broadens its scope to cover essential trends such as technical advancements, public perceptions, and geopolitical dynamics. It features more original data, including estimates on AI training costs, detailed analyses of responsible AI, and a new chapter on AI's impact on science and medicine. The AI Index tracks and visualizes data related to artificial intelligence, aiming to provide unbiased, rigorously vetted information for policymakers, researchers, executives, journalists, and the general public. Recognized globally as a credible source, the report has been cited in major newspapers and referenced by high-level policymakers. Key highlights include: - AI systems now routinely exceed human performance on standard benchmarks, such as image classification and language understanding. - Industry continues to dominate frontier AI research, producing 51 notable machine learning models in 2023, while academia contributed only 15. - Training costs for state-of-the-art AI models have reached unprecedented levels, with GPT-4 costing an estimated $78 million and Gemini Ultra costing $191 million. - The United States leads in the number of top AI models, with 61 notable models originating from U.S.-based institutions. - The number of AI patents has increased sharply, with China leading global AI patent origins at 61.1%. - Open-source AI research has exploded, with the number of GitHub projects growing from 845 in 2011 to 1.8 million in 2023. - AI is making workers more productive and improving the quality of work, but there are concerns about the lack of transparency and potential risks from AI. The report also highlights the increasing awareness and nervousness among the public about AI's potential impact, with 52% of respondents expressing nervousness toward AI products and services. Additionally, the number of AI regulations in the United States has sharply increased, and the U.S. and the European Union have advanced landmark AI policy actions. Overall, the AI Index 2024 Annual Report provides a comprehensive overview of the latest trends and developments in AI, emphasizing the need for continued monitoring and responsible innovation.The 2024 AI Index Report, the seventh edition, is the most comprehensive to date, reflecting the growing influence of AI on society. This year's report broadens its scope to cover essential trends such as technical advancements, public perceptions, and geopolitical dynamics. It features more original data, including estimates on AI training costs, detailed analyses of responsible AI, and a new chapter on AI's impact on science and medicine. The AI Index tracks and visualizes data related to artificial intelligence, aiming to provide unbiased, rigorously vetted information for policymakers, researchers, executives, journalists, and the general public. Recognized globally as a credible source, the report has been cited in major newspapers and referenced by high-level policymakers. Key highlights include: - AI systems now routinely exceed human performance on standard benchmarks, such as image classification and language understanding. - Industry continues to dominate frontier AI research, producing 51 notable machine learning models in 2023, while academia contributed only 15. - Training costs for state-of-the-art AI models have reached unprecedented levels, with GPT-4 costing an estimated $78 million and Gemini Ultra costing $191 million. - The United States leads in the number of top AI models, with 61 notable models originating from U.S.-based institutions. - The number of AI patents has increased sharply, with China leading global AI patent origins at 61.1%. - Open-source AI research has exploded, with the number of GitHub projects growing from 845 in 2011 to 1.8 million in 2023. - AI is making workers more productive and improving the quality of work, but there are concerns about the lack of transparency and potential risks from AI. The report also highlights the increasing awareness and nervousness among the public about AI's potential impact, with 52% of respondents expressing nervousness toward AI products and services. Additionally, the number of AI regulations in the United States has sharply increased, and the U.S. and the European Union have advanced landmark AI policy actions. Overall, the AI Index 2024 Annual Report provides a comprehensive overview of the latest trends and developments in AI, emphasizing the need for continued monitoring and responsible innovation.