LinkedIn founder and VC Reid Hoffman says ‘human amplification’ via A.I. will revolutionize large enterprises in the next five years

Raw Text

Subscribe Now

Rankings

Magazine

Newsletters

Podcasts

Video On Demand

Fortune Live Media

Fortune Connect

Fortune Education

Fortune Well

Fortune Crypto

Fortune Recommends

rankings See All Rankings Fortune 500 Global 500 40 Under 40 GREAT PLACE TO WORK LISTS Best MBA Programs

Magazine

Newsletters

Podcasts

more Video On Demand Fortune Live Media Fortune Connect Fortune Education Fortune Well Fortune Crypto Fortune Recommends

Subscribe Now

Conferences

BY

Kaitlyn Koterbski

Reid Hoffman, Partner, Greylock; Founder, LinkedIn; Co-founder Inflection

Workers in professions ranging from software engineering to medicine can plan to benefit from human amplification—the coupling of human intelligence with technology—within the next five years, Reid Hoffman, the venture capitalist and LinkedIn founder, told the audience at Fortune’s Brainstorm A.I. summit in San Francisco on Tuesday.

Hoffman, a partner with venture capital institution Greylock, shared the stage with Saam Motamedi, another partner at Greylock, and Fortune’s Jeremy Kahn. Central to their conversation was Inflection, a machine learning startup co-founded by Hoffman. Inflection focuses on improving interactions between humans and computers by enabling A.I. systems to understand “natural language” instructions from human users—effectively allowing those users to amplify their own abilities. Hoffman said that Inflection sees itself as a “co-pilot” to human professionals rather than a replacement. “[Human amplification] doesn’t put graphic designers out of business,” he said. “It becomes the new essential tool by which we do everything.”

Hoffman predicted that this technological advancement has the capacity to completely transform industries in as little as two years.

Motamedi added that at this point, 90%-95% of the companies Greylock evaluates are leveraging A.I. in some way. Instead of focusing on companies that simply obtain the technology, he said, Greylock finds value in companies that are integrating A.I. advances into the customer’s environment to solve the problem at hand. Motamedi said he believes this application of A.I. can be broken down into five considerations: “deployment, inference, time, consistency, and reliability.”

For instance, a call center can use previously collected data to build a new user design paradigm that learns from customers as they interact with the product, capturing “really rich and nuanced information that your [A.I.] model can learn from,” said Motamedi. For maximum impact, the model needs to have longevity in the industry—think decades, not just a few years.

Over the next decade, Hoffman envisions a utopian future where the application of A.I. “amplifies human creativity and productivity” and is broadly available across industries, but does not decrease the number of jobs available.

But a positive impact isn’t guaranteed, Motamedi added. He noted that he could imagine a far more dystopian future where companies have not put controls in place to “actually understand what’s being generated and why” by their A.I. models.

“The challenge is it’s easy to generate a plausible sounding explanation for what these very complicated models are doing,” said Hoffman. “And it’s harder to know if that explanation is true.”

Especially in industries like financial services, it’s important to put controls in place before A.I. systems can roll out in a much more ubiquitous manner. But that still hasn’t happened yet, according to Motamedi. Both Hoffman and Motamedi believe there are still many innovations needed before artificial general intelligence can revolutionize the way industries amplify their human capital.

Our new weekly Impact Report newsletter examines how ESG news and trends are shaping the roles and responsibilities of today’s executives. Subscribe here .

Read More

Brainstorm Health

Brainstorm Design

Brainstorm Tech

Most Powerful Women

CEO Initiative

Most Popular

Commentary The return to the office once seemed inevitable. A new study shows companies are already reversing course March 9, 2023 BY Gleb Tsipursky

Finance The billionaire cofounder of Home Depot compares the Fed to ‘the gang that can’t shoot straight’ and says the coming... March 9, 2023 BY Steve Mollman

Success Remote workers are adopting a new practice called ‘body doubling,’ in which they watch strangers work online March 5, 2023 BY Chloe Berger

40 Under 40

100 Best Companies

Fortune 500

Global 500

Most Powerful Women

World’s Greatest Leaders

World’s Most Admired Companies

See All Rankings

Finance

Leadership

Success

Tech

Asia

Europe

Environment

Fortune Crypto

Health

Well

Retail

Lifestyle

Politics

Newsletters

Magazine

Features

Commentary

MPW

Conferences

Personal Finance

Recommends

Frequently Asked Questions

Customer Service Portal

Privacy Policy

Terms of Use

Single Issues for Purchase

International Print

FORTUNE Knowledge Group

FORTUNE Branded Content

Fortune Data Store

Fortune Conferences

Advertising

About Us

Editorial Calendar

Work at Fortune

Behavioral Advertising Notice

Terms and Conditions

Site Map

© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice  | Do Not Sell/Share My Personal Information  | Ad Choices  FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions . Powered and implemented by Interactive Data Managed Solutions .

Single Line Text

Subscribe Now. Rankings. Magazine. Newsletters. Podcasts. Video On Demand. Fortune Live Media. Fortune Connect. Fortune Education. Fortune Well. Fortune Crypto. Fortune Recommends. rankings See All Rankings Fortune 500 Global 500 40 Under 40 GREAT PLACE TO WORK LISTS Best MBA Programs. Magazine. Newsletters. Podcasts. more Video On Demand Fortune Live Media Fortune Connect Fortune Education Fortune Well Fortune Crypto Fortune Recommends. Subscribe Now. Conferences. BY. Kaitlyn Koterbski. Reid Hoffman, Partner, Greylock; Founder, LinkedIn; Co-founder Inflection. Workers in professions ranging from software engineering to medicine can plan to benefit from human amplification—the coupling of human intelligence with technology—within the next five years, Reid Hoffman, the venture capitalist and LinkedIn founder, told the audience at Fortune’s Brainstorm A.I. summit in San Francisco on Tuesday. Hoffman, a partner with venture capital institution Greylock, shared the stage with Saam Motamedi, another partner at Greylock, and Fortune’s Jeremy Kahn. Central to their conversation was Inflection, a machine learning startup co-founded by Hoffman. Inflection focuses on improving interactions between humans and computers by enabling A.I. systems to understand “natural language” instructions from human users—effectively allowing those users to amplify their own abilities. Hoffman said that Inflection sees itself as a “co-pilot” to human professionals rather than a replacement. “[Human amplification] doesn’t put graphic designers out of business,” he said. “It becomes the new essential tool by which we do everything.” Hoffman predicted that this technological advancement has the capacity to completely transform industries in as little as two years. Motamedi added that at this point, 90%-95% of the companies Greylock evaluates are leveraging A.I. in some way. Instead of focusing on companies that simply obtain the technology, he said, Greylock finds value in companies that are integrating A.I. advances into the customer’s environment to solve the problem at hand. Motamedi said he believes this application of A.I. can be broken down into five considerations: “deployment, inference, time, consistency, and reliability.” For instance, a call center can use previously collected data to build a new user design paradigm that learns from customers as they interact with the product, capturing “really rich and nuanced information that your [A.I.] model can learn from,” said Motamedi. For maximum impact, the model needs to have longevity in the industry—think decades, not just a few years. Over the next decade, Hoffman envisions a utopian future where the application of A.I. “amplifies human creativity and productivity” and is broadly available across industries, but does not decrease the number of jobs available. But a positive impact isn’t guaranteed, Motamedi added. He noted that he could imagine a far more dystopian future where companies have not put controls in place to “actually understand what’s being generated and why” by their A.I. models. “The challenge is it’s easy to generate a plausible sounding explanation for what these very complicated models are doing,” said Hoffman. “And it’s harder to know if that explanation is true.” Especially in industries like financial services, it’s important to put controls in place before A.I. systems can roll out in a much more ubiquitous manner. But that still hasn’t happened yet, according to Motamedi. Both Hoffman and Motamedi believe there are still many innovations needed before artificial general intelligence can revolutionize the way industries amplify their human capital. Our new weekly Impact Report newsletter examines how ESG news and trends are shaping the roles and responsibilities of today’s executives. Subscribe here . Read More. Brainstorm Health. Brainstorm Design. Brainstorm Tech. Most Powerful Women. CEO Initiative. Most Popular. Commentary The return to the office once seemed inevitable. A new study shows companies are already reversing course March 9, 2023 BY Gleb Tsipursky. Finance The billionaire cofounder of Home Depot compares the Fed to ‘the gang that can’t shoot straight’ and says the coming... March 9, 2023 BY Steve Mollman. Success Remote workers are adopting a new practice called ‘body doubling,’ in which they watch strangers work online March 5, 2023 BY Chloe Berger. 40 Under 40. 100 Best Companies. Fortune 500. Global 500. Most Powerful Women. World’s Greatest Leaders. World’s Most Admired Companies. See All Rankings. Finance. Leadership. Success. Tech. Asia. Europe. Environment. Fortune Crypto. Health. Well. Retail. Lifestyle. Politics. Newsletters. Magazine. Features. Commentary. MPW. Conferences. Personal Finance. Recommends. Frequently Asked Questions. Customer Service Portal. Privacy Policy. Terms of Use. Single Issues for Purchase. International Print. FORTUNE Knowledge Group. FORTUNE Branded Content. Fortune Data Store. Fortune Conferences. Advertising. About Us. Editorial Calendar. Work at Fortune. Behavioral Advertising Notice. Terms and Conditions. Site Map. © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice  | Do Not Sell/Share My Personal Information  | Ad Choices  FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions . Powered and implemented by Interactive Data Managed Solutions .