Abstract: The AI frenzy started several years ago, and it doesn't seem to stop any time soon. Moreover, with the advancement of Large Language Models (LLMs) and, more recently, Large Vision Models (LVMs), we are witnessing how everything is changing at an overwhelming pace.

This talk surveys recent trends in AI and how relevant stakeholders – industry, academia, governments, common people, and society at large – react to it. The talk stresses the fading of borders between AI and other disciplines, such as data science, neuroscience, and linguistics. It also highlights how the notion of AI as an entity is becoming increasingly common. Generative AI is seeing enormous investments, but there is simultaneously a constant increase in the costs of developing new LLMs and LVMs. On the other hand, this fact has prompted researchers to start proposing AI models that do not have billions of parameters and are still a promising alternative in a number of tasks.

Yet there are phenomena that indicate huge changes in the game. For example, for quite some time it is the industry that dominates developments in AI, not academia. Likewise, although people have realized the need for responsible AI, industry leaders use different benchmarks to test their models, which makes it difficult to compare the risks that different models bring. Many countries and governments are developing regulations to guardrail AI developments, but new developments in AI largely outpace the development of regulations.

Biography: Vladan Devedzic is a Professor of Computer Science and Software Engineering at the University of Belgrade, Faculty of Organizational Sciences. He is the founder and Head of the research group focused on Artificial Intelligence (GOOD OLD AI research network). He is also the founder of the Artificial Intelligence Laboratory at his home faculty. Since 2021, he has been a corresponding member of the Serbian Academy of Sciences and Arts (SASA) at the Department of Technical Sciences. According to the list of world's top scientists, published by Stanford University, he is among 0.6% of the most cited researchers in the "career" category in the field of Artificial Intelligence (for the period 1996-2023). Vladan Devedzic continuous professional goal is to bring together ideas from the field of Artificial Intelligence / Intelligent Systems and Software Engineering. His current interests include artificial intelligence, programming education, software engineering, and technology-enhanced learning.