• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Google’s Nobel prize winners stir debate over AI research

by October 10, 2024
written by October 10, 2024

By Martin Coulter

LONDON (Reuters) – The award this week of Nobel prizes in chemistry and physics to a small number of artificial intelligence pioneers affiliated with Google (NASDAQ:GOOGL) has stirred debate over the company’s research dominance and how breakthroughs in computer science ought to be recognised.

Google has been at the forefront of AI research, but has been forced on the defensive as it tackles competitive pressure from Microsoft-backed OpenAI and mounting regulatory scrutiny from the U.S Department of Justice. 

On Wednesday, Demis Hassabis – co-founder of Google’s AI unit DeepMind – and colleague John Jumper were awarded the Nobel prize in chemistry, alongside U.S. biochemist David Baker, for their work decoding the structures of microscopic proteins. 

Former Google researcher Geoffrey Hinton, meanwhile, won the Nobel prize for physics on Tuesday, alongside U.S. scientist John Hopfield, for earlier discoveries in machine learning that paved the way for the AI boom.

Professor Dame Wendy Hall, a computer scientist and advisor on AI to the United Nations, told Reuters that, while the recipients’ work deserved recognition, the lack of a Nobel prize for mathematics or computer science had distorted the outcome. 

“The Nobel prize committee doesn’t want to miss out on this AI stuff, so it’s very creative of them to push Geoffrey through the physics route,” she said. “I would argue both are dubious, but nonetheless worthy of a Nobel prize in terms of the science they’ve done. So how else are you going to reward them?” 

Noah Giansiracusa, an associate maths professor at Bentley University and author of “How Algorithms Create and Prevent Fake News”, also argued that Hinton’s win was questionable. 

“What he did was phenomenal, but was it physics? I don’t think so. Even if there’s inspiration from physics, they’re not developing a new theory in physics or solving a longstanding problem in physics.”

The Nobel prize categories for achievements in medicine or physiology, physics, chemistry, literature and peace were laid down in the will of Swedish inventor Alfred Nobel, who died in 1895. The prize for economics is a later addition established with an endowment from the Swedish central bank in 1968.

DOMINANCE

Regulators in the U.S. are currently circling Google for a potential break-up, which could force it to divest parts of its business, such as its Chrome browser and Android operating system, which some argue allow it to maintain an illegal monopoly in online search. 

The profits derived from its leading position have allowed Google and other Big Tech companies to outpace traditional academia in publishing groundbreaking AI research.

Hinton himself has expressed some regrets about his life’s work, quitting Google last year so that he could speak freely about the dangers of AI, and warning that computers could become smarter than people far sooner than previously expected.

Speaking at a press conference Tuesday, he said: “I wish I had a sort of simple recipe that if you do this, everything’s going to be okay, but I don’t, in particular with respect to the existential threat of these things getting out of control and taking over.”

When he quit Google in 2023 over his AI concerns, Hinton said the company itself acted very responsibly.

For some, this week’s Nobel prize wins underscore how hard it is becoming for traditional academia to compete. Giansiracusa told Reuters there was a need for greater public investment in research. 

“So much of Big Tech is not oriented towards the next deep-learning breakthrough, but making money by pushing chatbots or putting ads all over the internet,” he said. “There are pockets of innovation, but much of it is very unscientific.” 

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Hurricane Milton kills four, destroys homes in Florida, but worst scenario avoided
next post
Cirrus Logic and Skyworks cut at Barclays as ‘handset expectations out of touch’

You may also like

Adani, Ambani news units sue OpenAI over copyright,...

March 13, 2026

China’s DeepSeek sets off AI market rout

March 13, 2026

BASF results down on impairments, restructuring

March 13, 2026

Nasdaq futures tumble as China’s AI push rattles...

March 13, 2026

European chipmakers slump as traders gauge DeepSeek AI...

March 13, 2026

Fuji Media, rocked by sexual misconduct allegations, says...

March 13, 2026

China Vanke’s CEO, chairman resign amid growing liquidity...

March 13, 2026

Italy’s MPS shares fall ahead of Mediobanca board...

March 13, 2026

UMG shares rally after new multi-year pact with...

March 13, 2026

British Land stock drops following stake sale

March 13, 2026
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears

      May 2, 2026
    • Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

      May 2, 2026
    • The Onion’s bid to take over Alex Jones’ Infowars is in limbo as new court battles emerge

      May 2, 2026
    • Republican state attorneys general join lawsuit to stop $6.2B local TV merger

      May 1, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (737)
    • Stock (6,426)

    Latest News

    • Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears
    • Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

    Popular News

    • South Korea regulator is ready to deploy 10 trln won stock market stabilization fund anytime -Yonhap
    • Analysts react to Shopify’s Black Friday sales data

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy