A cognitive bias observed during the COVID-19 pandemic, where people underestimated exponential growth, is now being applied to the development of Artificial General Intelligence (AGI). Experts note that while intelligence isn't a simple exponential, underlying AI capabilities like training compute and task completion times are showing rapid, exponential-like growth. This rapid advancement, if it continues, could lead to significant capability increases that are difficult for people to intuitively grasp, similar to how the pandemic's exponential spread was initially underestimated. AI
IMPACT Underestimating AI's exponential progress could lead to unpreparedness for rapid capability shifts.
RANK_REASON The item discusses a cognitive bias and applies it to AI development, rather than reporting a new event or release.
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