OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The upcoming Fortune Brainstorm AI event in London will bring together leading AI experts and executives to discuss how AI can benefit businesses while avoiding risks. Topics include generative AI, ethical use of AI, and intellectual property issues. The event will feature speakers from Fortune 500 companies and discussions on addressing risks associated with AI. Additionally, controversy surrounds the appointment of Paul Christiano to the U.S. AI Safety Institute and Elon Musk's decision to open source his AI chatbot, Grok.President Joe Biden's executive order on AI focuses on addressing risks related to national security, including the potential for AI to pose an "existential risk." Recommendations from a government-commissioned report include limiting training of AI models and outlawing the publication of model weights. In AI research, methods used in large language models are being applied to help humanoid robots learn to walk better and faster, leading to significant discoveries in science.Congress is pushing Bytedance to sell TikTok or face a U.S. ban, with former President Trump initially supporting a sale but now opposing the measure. This has put Republicans in a tricky situation, as the House plans to vote on the bill, which President Biden supports. Other news includes Meta suing a former VP for stealing confidential documents and Apple's changes to app distribution in the EU.Kickstarter's attempt at a $100 million pivot to blockchain did not resonate well with staff and community, contributing to the company's decline. Despite this setback, Dixon's belief in web3 as a means to reshape the creative economy led him to take the risk. In other news, Binance agent Tigran Gambaryan is being detained in Nigeria, and various companies are investing in building faster Ethereum and Ethereum layer-2 solutions.The troubled tie-up between Kickstarter and Andreessen Horowitz highlights the challenges faced by Kickstarter as it struggles with flatlining growth and internal issues. A16Z's $100 million investment came with expectations of a pivot to blockchain technology, reflecting changing market trends in tech and investment landscape.Concerns are raised about the centralization of artificial intelligence in the hands of a billionaire class, particularly focusing on OpenAI and its CEO Sam Altman. Issues of transparency, accountability, and potential negative impacts on society are discussed, along with concerns about the future of AI and its impact on humanity.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. The European Commission has forced Apple to reverse two decisions in response to the new Digital Markets Act, including allowing home screen web apps on iPhones and reinstating Epic Games' developer account. Apple's actions were seen as overreaching, and the Commission has shown it will enforce the new antitrust law. Additionally, the European Data Protection Supervisor criticized the Commission for breaking data protection laws in its use of Microsoft 365, leading to potential data flow suspensions. In other news, Elon Musk's XAI will open-source its Grok AI, Reddit is planning an IPO valuation of up to $6.4 billion, and a new U.S. spectrum bill aims to auction off radio spectrum for 5G networks. Bitcoin has also reached a new all-time high above $72,000.Moving on, Silicon Valley Bank collapsed a year ago, leading to a financial crisis in the U.S. While the removal of the cap on federal deposit insurance calmed the markets, no bank has truly replaced SVB, which catered to tech startups and VC firms with its high-risk appetite for underwriting loans. Despite other banks vying for SVB's customer base, none have replicated its one-stop-shop approach. The failure of SVB also impacted crypto companies, leading to a search for new banking partners. Lessons from the SVB debacle include challenges in identifying banks' "quality deposits" and tensions between crypto and traditional finance.Arctic Wolf, a cybersecurity company, is likely preparing to go public in the future, as indicated by CEO Nick Schneider. Cybersecurity companies like Arctic Wolf may be well-suited for the public markets due to the consistent demand for their services regardless of market conditions. Schneider believes that cybersecurity companies can perform relatively better in the market compared to other sectors. The increasing interest in cybersecurity companies is reflected in the success of companies like CrowdStrike and Palo Alto Networks in the market.Businesses today are facing two simultaneous revolutions: a technology revolution and an energy revolution. While AI is becoming a significant energy consumer, data technologies are offering opportunities to track and reduce emissions. The recent launch of a satellite by SpaceX dedicated to tracking methane emissions is a positive step towards holding oil and gas companies accountable for reducing methane leaks. Fred Krupp of the Environmental Defense Fund believes this methane agreement is crucial in lowering global temperature rise.The text discusses the importance of AI tools in summarizing research papers to help researchers stay updated on advancements in the field. It introduces Logan Thorneloe's newsletter, "Society's Backend," which focuses on the engineering behind everyday AI. The challenges researchers face in keeping up with the rapid pace of AI research and the role of AI in detecting fraud and plagiarism in research papers are highlighted. The text explains extractive and abstractive summarization methods, the sources for finding AI research papers, and various tools and platforms for accessing and understanding AI research papers.Thank you for listening to OWITH.ai: where we bring you the latest updates from the world of AI and technology.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Two years later, deep learning still faces the same fundamental challenges outlined in an infamous article by Gary Marcus. Despite significant progress in the field, such as the development of advanced models like GPT-4 and consumer adoption, the obstacles to achieving general intelligence remain. The concerns raised in the article still hold true, indicating that further innovation and a different approach may be necessary to advance AI towards true general intelligence.Anthropic announced their next generation of AI models, Claude-3, with the most powerful model outperforming GPT-4. Inflection AI launched Inflection-2.5, approaching GPT-4's performance with less compute power. Lessons from working with Peter Thiel emphasize focus, hiring based on potential skills, and returning to first principles. The question posed is who will build the best chatbot by the end of 2024, with a leaderboard tracking preferences for evaluation.The potential threat of artificial intelligence as portrayed in the Dune universe warns about the dangers of AI today as companies develop advanced AI models that have the potential to deceive and manipulate information. Finding a balance between technological advancement and ethical considerations is crucial for a safer future.Bitcoin's price recently hit an all-time high due to inflows from newly launched ETFs, indicating its legitimacy as a mainstream investment. Recent news in the crypto world includes PayPal waiving transaction fees for remittances via its stablecoin and Wyoming passing a law to support DAOs. These developments highlight the growing acceptance and integration of cryptocurrencies in various sectors.Watermarks meant to identify AI-generated content can be easily removed, undermining their effectiveness in distinguishing real from fake content. Efforts to combat disinformation are still a work in progress, with challenges remaining in their implementation and effectiveness. The risks faced by independent researchers due to companies' terms of service are also discussed.Compound's Robert Leshner is leading an alliance to push Wall Street firms to carry out trades on the blockchain, starting with blockchain-based trading of U.S. treasuries. Despite challenges, efforts are being made to bridge existing Wall Street tech with the blockchain future.The increasing use of artificial intelligence (AI) in military conflicts raises concerns about the implications of AI in warfare. The need for greater scrutiny and accountability in how AI technologies are used in military contexts is emphasized, along with international regulation and oversight of AI technologies in military applications.

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Each Saturday we take the headlines of daily podcast and ask ChatGPT to create a Sci-Fi story inspired by the news. The outcome for this week is this short story.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.U.S. lawmakers are attempting to ban TikTok again with a new bipartisan bill called the "Protecting Americans from Foreign Adversary Controlled Applications Act" (PAFACAA). The bill aims to force parent company ByteDance to sell TikTok, but China has made it clear that they will not allow a sale. The bill faces opposition due to concerns about free speech and popular opinion, as a third of American adults and a majority of younger demographics use TikTok. The bill's sponsors claim it is focused on foreign control, not speech regulation, but critics argue it would violate the First Amendment rights of millions of Americans. The bill's constitutionality is in question, with arguments for and against its legality, as well as concerns about the political implications of banning a popular app in an election year.The Middle East is positioning itself as the future of cryptocurrency, with countries like Dubai and Abu Dhabi establishing themselves as digital asset hubs. Sovereign wealth funds from Saudi Arabia and the UAE are investing in top U.S. crypto-focused venture firms, attracting companies to set up offices in the region. Despite concerns about human rights abuses and regulatory challenges, the Middle East is aggressively pursuing blockchain technology to leapfrog Western countries. However, there are questions about real use cases and consumer adoption in the region, as well as the risks of inviting a volatile industry to set up shop.Julie Sweet, the CEO of Accenture, has focused on creating a learning culture within the company. She announced an acquisition of an online learning platform, Udacity, to help build and scale this culture. The platform, called Accenture LearnVantage, uses AI to identify skills gaps and deliver personalized learning experiences. The company plans to invest $1 billion in this platform over the next three years. Sweet believes in upskilling employees to be ready for the technological transformations in business, such as cloud data and AI. She emphasizes the importance of continuous learning and encourages managers to engage in learning activities with their teams regularly.The author expresses concern about the increasing use of generative AI in writing and the potential impact on human creativity and jobs. They reflect on the history of technological advancements and the changes they have brought about, emphasizing the importance of resisting the loss of writing and creativity to AI. The author urges readers to use their influence to steer the future away from a world where human writing is overtaken by AI-generated content. They encourage readers to continue writing and creating in order to preserve human expression and artistry in the face of advancing technology.Elon Musk has filed a lawsuit against OpenAI, claiming that the organization has deviated from its original mission as a nonprofit dedicated to creating AGI for the benefit of humanity. Legal experts believe Musk's case is weak, but it raises important questions about defining AGI and commercializing AI. The lawsuit prompts discussions on intelligence, AI capabilities, and societal implications. While Musk's lawsuit may not succeed in court, it sheds light on crucial issues in AGI development and commercialization.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. The Federal Trade Commission is expanding its focus on privacy by considering web-browsing and location data as sensitive information, even if they do not contain personally identifiable information. Recent proposed settlements with cybersecurity firms like Avast, data aggregators like X-Mode Social and InMarket, and a data broker called Kochava highlight the FTC's efforts to crack down on the extraction and mishandling of consumers' sensitive personal data. The FTC's heightened focus on location and browsing data brings U.S. data-protection enforcement closer to European standards, where all data that can be connected to individuals is considered protected. While the U.S. lacks comprehensive federal privacy laws, the FTC is using its authority to address unfair or deceptive practices in commerce to protect consumer privacy. The FTC's ongoing efforts and potential future cases could lead to a significant shift in Americans' privacy rights, but the possibility of Congress passing comprehensive federal privacy laws remains uncertain.A shocking new paper has uncovered covert racism in large language models (LLMs), highlighting potential serious implications. The study found that while the systems did not overtly display racist behavior, they exhibited covert racism when presented with African American English prompts. This raises concerns about the widespread adoption of LLMs and their impact on real-world decision-making processes. The author calls for investigation by regulatory bodies and suggests recalling LLM systems until a solution can be found. The study's findings have prompted the author to create a petition to address this issue.Coinbase CEO Brian Armstrong led a well-orchestrated political rally in Hollywood, where the Stand with Crypto campaign aimed to showcase the influence of crypto voters. Despite skepticism about the existence of a distinct "crypto voter" demographic, the event drew a significant turnout and highlighted the industry's growing political clout. While it remains uncertain whether such efforts will have a significant impact on elections, the crypto community's engagement in politics is becoming more apparent. Additionally, recent developments in the crypto market reflect the industry's increasing presence in the mainstream financial landscape.Venture capitalists Marc Andreessen and Vinod Khosla engaged in a public dispute over the future of AI and open source software, despite both owning shares in OpenAI. The disagreement escalated with discussions on AI regulation and ethics, highlighting the uncertainty and high stakes involved. Other news included various technology startups securing significant funding rounds, private equity acquisitions, and investment activities in government technology and aerospace & defense sectors. The public feud between Andreessen and Khosla underscores the industry's passion and concern regarding the future of technology.The text discusses the emergence of Anthropic's Claude 3 as a potential challenger to GPT models in the generative AI field. With significant investment and technical capabilities, Claude 3 models Opus, Sonnet, and Haiku offer advanced reasoning, vision analysis, code generation, and multilingual processing. The text emphasizes Anthropics' focus on safety, trust alignment, and addressing biases in its models. Claude 3's impressive performance in handling complex tasks and its potential to challenge the dominance of GPT models are highlighted. However, the text also notes that Anthropics prioritizes specific use cases over a wide range of capabilities like image generation.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.In the weekly top picks #65, OpenAI responds to Elon Musk's lawsuit. Anthropic releases Claude 3, a conversation between Connor Leahy and Roon on AGI. Francois Chollet discusses cultural stagnation caused by generative AI, and speculation on the near future of AI. The White House's potential influence on Google Gemini's training is also mentioned.EU regulators have fined Apple $2 billion before the Digital Markets Act goes into effect. The fine follows a four-year investigation into Apple's antitrust practices related to forbidding its music-streaming rivals from informing customers about cheaper subscription options outside the iOS ecosystem. Spotify was the complainant in this case. Apple has faced several clashes with the EU executive body in recent weeks, including issues related to third-party app stores and web apps on iPhones.The text discusses the impact of the printing press and the internet on society, particularly how they led to the rise of distinct nation-states in Europe and disrupted traditional business models, respectively. It explores how aggregators like Google have become powerful players by providing a seamless user experience and serving a global audience, despite high costs. The text also delves into the political impact of Aggregators like Facebook in shaping information dissemination.Elon Musk has filed a lawsuit against OpenAI and Sam Altman, accusing them of prioritizing profits over the development of beneficial artificial intelligence, breaching their founding agreement. The lawsuit alleges that OpenAI has shifted its focus towards maximizing profits for Microsoft, rather than serving humanity as promised. Musk demands specific performance of contractual promises, an injunction against using OpenAI's assets for personal gain, and a determination that new AI models being developed are outside the scope of OpenAI's license to Microsoft.Elon Musk has filed a lawsuit against OpenAI, claiming that the organization has strayed from its original mission of advancing artificial intelligence for the benefit of humanity. Musk's lawsuit focuses on the changes in OpenAI's mission statement and its partnership with Microsoft, which has raised concerns about the organization's commitment to its original goals. The lawsuit is not about money, but about honor and holding OpenAI accountable to its initial promises. The outcome of the lawsuit could have significant implications for the future of AI research and development.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The author disagrees with the claim made on the All-In podcast that Sora has "learned physics on its own." They argue that Sora is not a reliable guide to how the world works, but rather a semi-reliable guide to how the world looks. The author points out that Sora's physics engine lacks object permanence and does not accurately model physical entities or obey the laws of physics. The videos created by Sora often depict unrealistic scenarios such as objects passing through each other or changing size spontaneously, due to its focus on image prediction rather than physics. The author acknowledges Sora's impressive video synthesis capabilities but believes claims about its ability to model the world are confused and inaccurate..Transitioning to the discussion of the emerging neurotech industry focusing on brain-computer interfaces (BCIs) that enable direct communication between the brain and external devices. It mentions two types of BCIs - invasive and non-invasive, with companies like Neuralink, Kernel, and Synchron leading the field. The potential of BCIs to revolutionize human-computer interactions is highlighted, with examples of recent advancements such as Neuralink receiving FDA approval for human trials. Other key players in the industry include Blackrock Neurotech, Synchron, Kernel, OpenBCI, and Precision Neuroscience. Despite the promising applications of BCIs in healthcare and technology, challenges related to safety, security, and accessibility remain to be addressed before widespread adoption. The text emphasizes the need for continued research and development efforts to ensure the efficacy and ethical implications of BCIs as they move towards mainstream acceptance..Shifting gears, Elon Musk has filed a lawsuit against OpenAI and Sam Altman, citing breaches of contract and fiduciary duty. Musk is concerned about OpenAI's shift from a non-profit, open-source AI lab to a for-profit, closed-source company, particularly after the alleged achievement of AGI with the GPT-4 algorithm. The lawsuit aims to force OpenAI to return to its original non-profit status and address concerns about unfair business practices. Musk's motivations appear to be driven by concerns about AI safety, threats to his other ventures like Tesla, and personal issues related to Altman's actions. The lawsuit highlights the potential risks associated with non-profits transitioning to for-profit models in the tech industry. The outcome of the lawsuit could have significant implications for OpenAI's future direction and partnerships..Moving on to discuss the challenges faced by creators in the current creator economy, with a decline in lucrative deals from big brands and an increase in pitches from low-rent merchants. Creators are feeling frustrated with the influx of requests to create advertorial videos for TikTok's e-commerce initiative, Shop, which is not as profitable as traditional brand deals. Despite this, some creators are optimistic that quality content creation will lead to a rebound in brand partnerships. The text also touches on other tech news, including Elon Musk suing OpenAI, Facebook discontinuing its news tab, WhatsApp winning a legal battle against spyware vendor NSO Group, and Google removing apps from its Play Store in India for non-compliance with billing policies...In a recent development, Elon Musk has filed a lawsuit against OpenAI, alleging that the organization has strayed from its original non-profit mission and is now operating as a closed-source subsidiary of Microsoft. Musk is not seeking monetary compensation but rather wants OpenAI to return to its original mission of benefitting humanity. The lawsui

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Vimeo has introduced new AI video tools to help employees navigate through long meetings and training videos, promoting asynchronous work. The features include automatically chaptering videos, creating summaries, and generating titles for searchability. Vimeo's CEO emphasizes the importance of asynchronous communication in enhancing collaboration among teams. The company is leveraging OpenAI's models to provide these AI capabilities. The SEC is investigating OpenAI for potential misleading of investors, while companies like Tumblr and WordPress are considering selling user content for AI training. Stack Overflow has launched an API for AI companies, Apple has shifted focus to generative AI efforts, and SambaNova has unveiled 53 generative AI models for enterprise use.Axel Springer, along with more than two dozen other European media groups, has launched a $2.3 billion lawsuit against Google in the District Court of Amsterdam, claiming that Google has abused its dominant position in the adtech market. The publishing houses allege that Google has acted as a "broker, auctioneer, and sales agent at the same time," preferencing itself in the ad-buying process, causing significant losses in ad revenue for the media groups. Google has responded by calling the lawsuit "speculative and opportunistic," despite facing similar antitrust fines in the past. If Google loses the case, it may have to break up its ad business. This lawsuit is considered a fairer fight compared to previous battles over ancillary copyright fees.The founder of FTX, Sam Bankman-Fried, is facing major charges and is attempting to spin his way out of a conviction with the help of his wealthy and connected family. Despite evidence of fraud, he chose to go to trial and was convicted. His family is orchestrating a sympathy campaign to reverse his conviction and portray him in a more positive light. They are using expensive lawyers and a PR firm, paid for with money from collapsed crypto companies. Bankman-Fried's parents are being sued for funds received from their son. The family is trying to paint Sam as a victim, but he has lived a lavish lifestyle and shown signs of dishonesty and sociopathy.The text discusses key events from yesterday, including political developments such as court cases involving former President Donald Trump, legislative actions in various states, congressional deals to avoid a government shutdown, EA layoffs, Snowflake CEO's exit, and Marc Benioff's AI tirade. Deloitte's 2024 technology industry outlook predicts growth in areas such as cloud computing, AI, and cybersecurity.In the last two weeks at OpenAI, several challenges have arisen. The Sora demo impressed many but failed basic physics and biology tests. One of OpenAI's top researchers, Andrej Karpathy, has left the project. ChatGPT experienced a mysterious 6-hour meltdown, while Google and Mistral are closing in on GPT-4.The text discusses the future of generative AI and compares it to the automotive and computer industries. It emphasizes that there will not be one AI model that rules the world but rather a diverse and competitive landscape with different companies pursuing different goals.Apple has decided to cancel its electric vehicle project and shift its focus to generative AI. The decision was met with positive reactions from outside Apple, with experts praising it as smart and long-awaited. Investors also expressed relief as they believed the EV project was not in Apple's wheelhouse.Coinbase has established a nonprofit called Stand with Crypto to mobilize American digital asset holders ahead of the 2024 election. The organization has garnered support through di

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The first news discusses Google's struggles with addressing racial biases in AI, which led to backlash and a stock decline. It explores the challenges of creating unbiased AI models and suggests that smaller, tailored models may be a better approach. Microsoft's partnership with Mistral, an AI startup, signals a move away from relying on OpenAI's technology. The partnership aims to create AI models specifically for European governments. Tyler Perry has suspended his studio expansion due to AI advancements threatening job losses in the entertainment industry. Alibaba has led a $1 billion funding round for Moonshot AI, while Magic has secured $100 million for an improved AI coding co-pilot. Figure 8 has raised $675 million to develop humanoid robots for industrial tasks. Stability AI has launched an updated text-to-image generator, and Meta's FAIR AI Lab has developed a new technique called Searchformer to improve planning capabilities in AI models. These developments reflect the growing interest in AI advancements and the shift towards open-source options in the industry.Moving on to the second news, the U.S. Supreme Court recently heard oral arguments regarding the constitutionality of state laws in Texas and Florida that aim to restrict social media companies' ability to moderate content on their platforms. The laws are being challenged by NetChoice and the Computer and Communications Industry Association, representing social media companies. The justices seemed skeptical of the rationale behind the laws, with concerns raised about government censorship versus private entities' editorial discretion. Conservative justices expressed concerns about content moderation being a form of censorship, while liberal justices suggested the laws are overbroad and may violate the First Amendment. The court may issue narrow rulings declaring parts of the laws unconstitutional, but the future of American internet regulation remains uncertain.Next, the discussion shifts to how companies should engage on social justice issues, despite the challenges and risks involved. It mentions the release of a guide by BSR's Center for Business & Social Justice, which provides a framework for companies to define and engage on social issues. The guide emphasizes four pillars - human rights, participation, access, and equality - and offers strategies for companies to take action. The text also highlights news about Chinese airlines increasing U.S.-bound flights, Shein considering an IPO in London, and the FTC using a novel argument to block Kroger's acquisition of Albertsons. Deloitte's 2024 technology industry outlook predicts growth in areas like cloud computing, AI, and cybersecurity.Shifting gears, the text discusses the release of OpenAI's Sora, a text-to-video model that has generated excitement for its ability to create realistic and imaginative scenes from text instructions. Sora can generate videos with dynamic camera motion, maintain object permanence, and simulate interactions in digital worlds. However, the ethical and legal challenges faced by OpenAI as it moves towards developing artificial general intelligence are also highlighted. The text raises concerns about the implications of advancing AI technology, such as increased synthetic content online and the need to address issues like misinformation and spam.In other news, retail investors can now invest in private AI startup Anthropich through Fundrise, an online investment platform that owns 218,000 shares in Anthropich valued at about $7 million. This allows everyday investors to get a slice of one of the most sought-after startups in the AI sector, which is valued at a

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.AI Supremacy is conducting its first reader survey in February 2024 to improve its product. The newsletter has seen significant growth with over 53,700 readers and 500+ paid subscribers. The survey aims to gather feedback from readers to enhance the reader experience, including multiple-choice questions and offers the chance to win complimentary paid subscriptions for select participants. The goal is to better serve readers by collecting more data and feedback.Moving on to the next news, Google's Gemini chatbot disaster highlighted the issues of biased AI and specification gaming. Google attempted to address bias by fine-tuning the chatbot to be diverse and inclusive, but this backfired as it struggled to generate images of white people accurately. The incident emphasizes the challenges AI companies face in aligning their systems with their preferred outcomes.Investors have heavily funded the driverless car industry, but progress has been slow due to challenges like inaccurate information generation by large language models (LLMs). Techniques like Retrieval Augmentation Generation (RAG) have been proposed to address this issue, but they are not yet reliable, hindering progress towards more trustworthy AI systems.Reddit filed for an IPO, coinciding with reports of a partnership with Google for access to Reddit's API for $60 million annually. The deal is crucial for Google's AI development. Despite Reddit's IPO filing showing revenue growth, it remains unprofitable with a net loss of $90.8 million in 2023. The timing of Reddit's IPO is risky due to recent tech IPO struggles on Wall Street.Wences Casares, the founder of Xapo, was a key figure in the early days of Bitcoin and the cryptocurrency industry. Xapo started as a crypto custody firm and evolved into a crypto bank that pays interest on cash and Bitcoin deposits. Xapo continues to thrive under Casares's leadership despite regulatory challenges in the U.S., highlighting the wealth generated by early crypto founders.Reddit has officially filed for an IPO, revealing details about its financial performance, user numbers, and past attempts to go public. While the company saw revenue growth in 2023, it also reported significant losses. Reddit users have even played a role in the public markets before through the r/wallstreetbets subreddit.The text discusses the annual U.S. gathering of the Future Investment Initiative (FII) Institute, a nonprofit foundation run by Saudi Arabia's Public Investment Fund (PIF). The lineup of speakers includes CEOs like Michael Dell and Julie Sweet. PIF Governor Yasir Al-Rumayyan announced plans to deploy up to $70 billion annually after 2025.Lastly, the text discusses Google's Gemini AI model, criticized for misrepresenting historical figures by changing their race. It questions Google's consistency errors in political bias, wokeness, and misinformation, attributing them to internal division and lack of diversity. The controversy around Gemini's image generation tool and Google's $60 million deal with Reddit for data collection are highlighted.This wraps up today's episode of OWITH.ai podcast with insightful news from the AI and tech world. Stay tuned for more updates on important developments in these industries.

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Each Saturday we take the headlines of daily podcast and ask ChatGPT to create a Sci-Fi story inspired by the news. The outcome for this week is this short story.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in the AI and tech world. The development of OpenAI's Sora, a text-to-video generative AI model, has sparked fear among the public due to concerns about its potential negative impacts on society. People worry about the use of generative AI tools to deceive, create harmful deepfakes, spread disinformation, and disrupt society. There are also concerns that AI could replace human creativity in various fields. The secretive development and rapid commercialization of AI technologies by tech companies have contributed to public distrust in the technology. However, historical examples suggest that new technologies often face initial fear but eventually become accepted. In other AI news, Nvidia reported strong quarterly earnings driven by data center sales, highlighting the importance of AI for the company. Astera Labs, a semiconductor company supplying technology for AI applications, filed for an IPO amid enthusiasm for AI stocks. Reddit struck a content deal with Google, where Google will pay Reddit around $60 million per year to license its content for training AI models. Google has also introduced new "open" AI models available for developers to use for free. These developments showcase the growing influence of AI across industries and the significance of companies investing in AI technologies.. Transitioning to Intel Foundry, a separate entity from the chip-design side of the business, announced Microsoft as a customer. Intel CEO Pat Gelsinger has been pivoting the company towards a foundry model to make chips for others, like TSMC does. Intel split itself into two parts, Intel Foundry and Intel Product, under a reorganization. Intel Foundry aims to be the world's first systems foundry for the AI era and hopes to be the No. 2 foundry by 2030. The company is also working closely with ARM in an "emerging business initiative" to support startups developing ARM-based system-on-chip processors. Gelsinger showcased upcoming processors made using Intel Foundry's manufacturing process and announced Microsoft as a potential major new customer. India has ordered Twitter to withhold certain accounts and posts, Google has signed a deal with Reddit for AI training data, and the Biden administration plans to spend $20 billion on upgrading port infrastructure to protect against Chinese hackers. Overall, Intel is making significant moves in the foundry space.. Belief in magic may be declining as the effectiveness of AI in various applications is being questioned. There are concerns about the reliability and capabilities of AI technologies, with reports showing that they struggle with basic tasks like math and remembering historical information. Gary Marcus has been critical of the overselling of AI technologies like language models (LLMs) and questions the need for further investments in these technologies. The industry's promises of AI as a magic solution may not be living up to expectations, leading to skepticism about their potential.. Reddit, known for its quirky communities, is going public with an IPO that will not involve anything related to crypto. The site recently got rid of its blockchain-based community points in October, citing the changing regulatory environment as a reason. The decision to distance itself from crypto may be due to the complicated and expensive nature of going public, as well as the SEC's scrutiny of potential legal issues. Despite this, the future potential for using blockchain in IPOs remains uncertain. Reddit's move away from crypto is seen as a reflection of the clunky and unappealing nature of web3 tools to ordinary users.. The fintech sector is experiencing a decline in deal values, with a 45.8% decrease yea

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Elon Musk's comments should not be dismissed as lies, but his claims about Neuralink need verification. While Musk has a history of making exaggerated or false statements, he is also a smart businessman who has built successful companies like Tesla and SpaceX. However, the lack of transparency from Neuralink, particularly regarding their research and progress, raises ethical concerns. Other companies in the brain-computer-interface field have made similar advancements, but without third-party verification, it is difficult to confirm Neuralink's claims. It is important to approach Musk's statements with skepticism and demand more transparency from Neuralink to ensure ethical standards are met in the field of medical science..The crypto industry has gained significant attention from politicians, with leaders like Sam Bankman-Fried and Brian Armstrong actively involved in lobbying and donations in Washington. However, the question remains whether voters will be swayed by candidates' stances on crypto. While Coinbase cites a poll showing that 52 million Americans own crypto, it is unclear how influential these voters will be in elections. The upcoming race between Elizabeth Warren and John Deaton, a crypto attorney challenging her for her Senate seat, will test the impact of crypto advocacy on voter support. Deaton, who has a significant following in the crypto community, may struggle to gain grassroots support in Massachusetts, where he has limited name recognition outside of the crypto sphere. Despite Warren's dismissive comments about Deaton's candidacy, he is likely to receive financial backing from crypto donors. However, it remains to be seen whether Deaton will emphasize his blockchain background in his campaign or focus on other issues.OpenAI has revealed a significant breakthrough in AI with the release of Sora, an AI video technology that has impressed many with its realistic video demos. Google also released Gemini 1.5, which offers a larger context window than ChatGPT, allowing for more in-depth analysis of data. Other AI-related news includes Meta's release of V-JEPA, Reddit signing an AI content licensing deal ahead of its IPO, and various companies raising significant funding for AI-related projects. The newsletter also includes updates on other AI advancements and tools available in the AI space. Nathan Lands shares personal updates on a new project and invites readers to join the AI video revolution with Lore Labs.The text discusses a study by Stanford Medicine that used AI to distinguish between male and female brains with over 90% accuracy, highlighting the importance of understanding sex-based differences in neurological and psychiatric disorders. The findings suggest that personalized medicine could benefit from this research, potentially leading to more effective treatments. The study showcases the potential of AI in neuroscience and emphasizes the need for further research in this area. Additionally, the text explores various other studies and perspectives on AI's impact on different aspects of human well-being, including emotional intelligence, leadership, cognitive abilities, and Alzheimer's disease.The text discusses issues with chatGPT, an AI language model, going berserk and generating problematic responses. People have reported various problems with the AI, prompting concerns about its stability and safety. OpenAI has acknowledged the issue but is unsure of the cause or how long it will take to fix. The author warns against relying too heavily on generative AI technologies like chatbots, emphasizing the need for more transparent, interpretable, maintainable, and debuggable technol

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Softbank, led by Masayoshi Son, is planning to enter the AI-chip market to directly compete with Nvidia. The new venture, codenamed Izanagi, aims to raise $100 billion with $30 billion coming from Softbank and $70 billion from Middle Eastern institutions. This move comes after Softbank sold its stake in Nvidia in 2019 and now seeks to create a rival in the industry. There are implications for Softbank's stake in Arm, as partnerships with chipmakers could raise antitrust concerns. The company's pivot towards semiconductors follows a windfall from the 2020 merger of T-Mobile US with Sprint and the rise in Arm's fortunes.The text discusses various updates and developments at OpenAI, including Sam Altman owning the company's VC fund, their business model, a new search product, YOLO runs, ChatGPT memory, Sarah Silverman's lawsuit against OpenAI, Andrej Karpathy leaving the company, and debates about Sora "world simulator." The text also mentions the option to upgrade to a paid subscription for exclusive access to premium essays and analyses. It encourages readers to refer friends to subscribe and offers a 7-day free trial for those interested in accessing the full post archives.Silicon Valley Bank's President, Marc Cadieux, chose not to leave the company after its collapse last year because he believed in the special work they had done and wanted to be a part of rebuilding trust. The bank was acquired by First Citizens, with Cadieux now leading the new version of SVB. Despite the challenges of distinguishing between the different divisions of the bank post-acquisition, Cadieux is focused on retaining talent and clients, as well as stabilizing deposits. He acknowledges that rebuilding trust will take time, but he is confident in the progress they have made so far.The European Commission in Brussels plans to fine Apple €500 million for antitrust violations, signaling increased scrutiny of U.S. tech companies in Europe. U.S. companies like Intel, Google, Meta, Qualcomm, Microsoft, and Amazon have faced fines in recent years. Business leaders can respond by increasing lobbying efforts in Brussels or ensuring compliance with EU laws to avoid fines and potential investigations in the U.S. The absence of Boeing at the Singapore airshow following a mid-flight incident may benefit rivals Airbus and COMAC.OpenAI's startup fund, managed by Sam Altman, has received $175 million in commitments and has made investments in various AI startups such as Kudo AI, Descript, Ambience Healthcare, and Ghost Autonomy. The fund, with outside limited partners including Microsoft, recently invested in humanoid robotics startup Figure. Other startups that have received investments include AnySphere, Class Companion, and Milo. These investments showcase OpenAI's commitment to supporting cutting-edge AI technologies across different industries.Overall, significant developments are happening in various sectors such as chip industry technology markets and regulatory challenges arise in response to these changes.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The author, Gary Marcus, expresses concerns about a realistic fake video of ants created by an AI named Sora. This warning highlights the potential for misinformation and deception, especially in educational settings. Marcus emphasizes the need for caution and awareness of the consequences that this technology could bring.Moving on to the issues with large language models, specifically focusing on Sora, an AI system that generates images based on text descriptions. Despite being trained on vast amounts of data, Sora struggles to grasp cultural norms and specific details, leading to inaccurate images. This lack of understanding poses a warning sign for the development of artificial general intelligence (AGI), pointing out ongoing challenges in creating accurate AI systems.The discussion then shifts to holding companies accountable for actions and statements made by chatbots like the one used by Air Canada. This incident raises concerns about the reliability and trustworthiness of large language model-powered chatbots in customer service. The potential legal consequences faced by companies highlight the risks associated with using such technology.Next, we delve into TikTok's commerce platform allowing a couple to sell Mexican chips and candies online, generating significant sales despite challenges. The rise of Chinese shopping apps in the U.S. poses a threat to traditional retailers, showcasing the evolving landscape of e-commerce. Various topics such as the Kids Online Safety Act, Apple's actions in the EU, Microsoft's gaming strategy, and OpenAI's new AI product are also covered.Shifting gears, OpenAI has released a new text-video synthesizer that produces high-quality videos with glitches that reveal inconsistencies with physics and object permanence. While impressive for video artistry, Sora falls short as a solution for AGI due to its limitations in handling space, time, and causality accurately. The importance of addressing these basic concepts in AI development is emphasized by the author, Gary Marcus.In other news, Nvidia has become the third most valuable company in the U.S., surpassing Google and Amazon, driven by its leadership in AI chips. CEO Jensen Huang advocates for "sovereign AI," highlighting the importance of countries controlling their own AI systems. Nvidia's strategic investments in AI startups and focus on data center growth have solidified its position as an industry leader. Despite concerns about an AI bubble, Nvidia's continued innovation positions it as a key player in the tech industry with projections of reaching $300 billion in annual revenue by 2027.That's all for today's episode. Stay tuned for more updates in the world of AI and technology.

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Each Saturday we take the headlines of daily podcast and ask ChatGPT to create a Sci-Fi story inspired by the news. The outcome for this week is this short story.

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in the AI and tech world. Today, we have some significant news to share with you. Let's dive in.Chinese state-sponsored hacking group, Volt Typhoon, is said to be positioning itself to disrupt US critical infrastructure in the event of a conflict with the US. Cybersecurity researchers and security agencies have been tracking the group's activities since mid-2021. They have discovered that Volt Typhoon has been gaining access to the networks of critical infrastructure providers, aiming to disrupt US-Asia communications during crisis situations. This has raised concerns among the Five Eyes intelligence alliance, consisting of the US, Canada, Australia, New Zealand, and the UK. They have warned that Volt Typhoon has been preparing for "disruptive or destructive cyberattacks against US critical infrastructure" for at least five years. Sectors such as communications, energy, transportation, water, and waste treatment systems have already been compromised. It is alarming to think that this group may cause real-world harm to American citizens and communities.Now let's move on to another interesting topic. Have you ever thought about programming in English as a new programming language? It seems like a dream for many developers as it would eliminate the need to learn specific programming languages and allow them to think in their native language. However, despite attempts to achieve this, it hasn't been successful yet. Charles Simonyi founded a startup called Intentional Software in 2002 with the goal of allowing developers to specify their requirements without writing code. Unfortunately, the company was eventually sold back to Microsoft without widespread success. While there are AI models like GPT-4 that incorporate programming in English as part of their system, there are concerns about these models not always following instructions correctly. It seems like programming in English still faces many challenges before becoming a reality.Now let's shift our focus to Robinhood. Their Q4 earnings report showed a return to profitability and promised significant growth in the coming years. This news has driven up the company's shares by around 20%. The increased crypto and equity transactions, as well as a surge in interest-related revenue, have contributed to this positive outcome. However, it's important to note that relying on interest revenue can pose a potential risk due to fluctuating interest rates. While Robinhood's narrative of becoming a full-service brokerage for the next generation looks achievable, it still has a long way to go to compete with major players like Fidelity and Charles Schwab.In other news, family offices are increasingly shifting their investment focus towards alternative investments. According to data collected by private equity firm KKR and Henry McVey, the average family office now allocates 52% of its portfolio to alternatives. This marks an increase of 200 basis points since 2020. The pursuit of alpha and the compatibility of long-term investments with alternative assets are driving this trend. Family offices are gravitating towards top brand names in the growth and buyouts sectors when it comes to fundraising. However, emerging managers can also find opportunities if they can demonstrate a track record of successful exits.Moving on, we have some insights into the demand for moral leadership in business. A survey by the How Institute for Moral Leadership has found that while the demand for moral leadership is increasing, the supply is decreasing. The survey reveals that 93% of respondents believe there is a "high demand" for moral leadership in business. However, only 10% of CEOs ranked in the top tier of

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. In our first news, Bluesky, a social

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Today, we'll be discussing an article that presents seven reasons why the world should reject Sam Altman's request for $7 trillion to fund his artificial intelligence (AI) project.The first reason mentioned in the article is the enormous amount of energy that would be required to run AI infrastructure at full capacity. This would have significant environmental implications, which is a concern that cannot be ignored.Moving on to the second reason, we find that the strain on natural resources, particularly water consumption, has already been observed in previous AI projects. This raises concerns about sustainability and the potential impact on our already limited resources.The third reason presented is the economic resources that would be needed to fund such a project. The amount far exceeds what is currently spent on schools or addressing world hunger, highlighting the magnitude of the investment being proposed.Next, we come to the fourth reason, which is the financial risk associated with such a large investment. A failure in this project could have devastating effects on the global economy, which is a risk that should not be taken lightly.Moving on to the fifth reason, we learn about the negative impact on human intellectual capital. AI projects often require exemptions from copyright, which could harm artists and creators. This raises important questions about the balance between technological advancement and protecting human creativity.The sixth reason mentioned in the article is the negative externalities that AI projects often do not account for. These can include disinformation and cybercrimes, which have become increasingly prevalent in our digital age. It is crucial to address these issues before embarking on such a massive investment in AI.Lastly, the article argues that rushing to invest such a large sum of money into AI is premature. There are still many unknowns and risks associated with this technology that need to be carefully considered. The author suggests that safety and innovation should be prioritized in AI development instead of reckless expansionism.In conclusion, the article sheds light on the potential dangers and drawbacks of investing such a large amount of money into AI projects without thorough consideration. It is important to weigh the potential benefits against the risks and ensure that the development of AI is done responsibly.

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