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OpenAI leadership lays the foundations for the Governance of Superintelligence
⚡ Today’s Highlights
📰 News: OpenAI leadership wrote a blog post on how they believe Governance of AI systems should work
💰 Funding: Axelera AI and FlowX.ai
🦾 Tools: AI tools for product teams and coders
🌎 Content: A preview of the latest ChatGPT features currently in Alpha
📰 Today's Top Stories
(5 min read) (Source: OpenAI)
TLDR: Sam Altman, Greg Brockman, and Ilya Sutskever advocate for strong public oversight of powerful AI systems. They recommend that the public democratically decide the ethical boundaries and default behaviors of AI systems.
They predict that within a decade, AI will surpass expert abilities in most areas, possibly equating the output of today's largest companies. This development poses both substantial advantages and challenges, necessitating thoughtful risk management.
They suggested three measures for safely managing the growth of AI: fostering a coordinated approach among AI developers; establishing an international AI authority to ensure safety standards; and investing in research to make superintelligent AI safe.
They believe in permitting the development of AI models below a certain capability threshold without burdensome regulation. The risks associated with these systems are considered comparable to other internet technologies.
(4 min read) (Source: TechCrunch)
TLDR: China banned sales of Micron which is being considered as part of the U.S.-China economic competition coming days after Micron's announcement of investing $3.6 billion in advanced memory-chip production in Japan coincided with the ban.
The Cyberspace Administration of China instructs domestic firms to stop buying from Micron, citing serious cybersecurity issues and risks to information supply chains.
In response, the U.S. Department of Commerce plans to engage with Chinese authorities and allies to address market distortions caused by China's actions in the memory-chip market.
(3 min read) (Source: blogs.bing.com)
TLDR: Bing introduces new upgrades including chat history, charts and visualizations, export options, video overlay, optimized recipe answers, share fixes, improved auto-suggest, and privacy improvements in Edge sidebar.
These updates enhance the chat experience by providing chat history, visual elements, export capabilities, video overlay, improved answers for recipes, fixed sharing issues, better auto-suggest, and enhanced privacy features in Edge sidebar.
(3 min read) (Source: Reuters)
TLDR: At the AI Forward 2023 event hosted by Goldman Sachs Group Inc and SV Angel, Bill Gates emphasized that the technology race to develop a top artificially intelligent agent will disrupt search engines, productivity tools, and online shopping platforms. Relying on traditional search sites and platforms like Amazon would no longer be necessary, highlighting the pivotal role of AI agents.
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💰 Funding Alerts
1. Axelera AI, raised $50 million in an oversubscribed Series A round, with investors including CDP Venture Capital (Mario Scuderi, Senior Partner), Verve Ventures (Emma Schepers, Senior Investment Associate), Fractionelera, and Innovation Industries (Sander Verbrugge, Partner).
Axelera AI provides powerful and advanced solutions for accelerating computer vision on edge devices. Their game-changing hardware and software platform, delivers industry-leading performance and usability at a fraction of the cost and energy consumption of current solutions.
The funding will support global expansion and mass production of their AI acceleration platform, leveraging disruptive in-memory computing and RISC-V controlled dataflow technology.
2. FlowX.AI, raised a $35 million Series A funding round led by Dawn Capital (Evgenia Plotnikova, General Partner), with participation from PortfoLion, SeedBlink, and DayOne Capital.
FlowX.AI is an enterprise AI application modernization platform for large financial services organizations, transforming how they build mission-critical products and modernize application systems and infrastructure.
The funding will be used to fuel further product development, bring AI to enterprise on a large scale, and pursue global expansion, enabling faster development of modern digital capabilities for large enterprises.
🦾 Trending Tools
Zeda.io 2.0 is an AI-powered product discovery and strategy software for customer-focused teams. Uncover problems, decide what to build, and create strategies to elevate outcomes. Take your product building to the next level.
DiagramGPT by Eraser, helps you effortlessly create diagrams just from copy and pasting code or describing in natural language. Create entity relationships, cloud architectures, and sequences effortlessly and then edit as needed.
Recast AI, transforms articles into engaging audio summaries. Embrace the convenience of listening instead of reading. Available on app and as a browser extension. Stay informed effortlessly.
👀 More Reading:
How Can Companies Use Generative AI? Here’s an example from an Early Adopter (The Wall Street Journal)
Why the wisdom of the market crowd beats AI (Financial Times)
Generative AI Is a Threat to SaaS Companies. Here's Why. (Business Insider)
🌎 Fresh Content
1. AI Explained from Youtube demoed the latest plug-in that is soon to be released for OpenAI’s ChatGPT - Code Interpreter. The demo has us very excited about what is coming around the corner as it has the potential to completely change the way we work and significantly reduce the time it takes to complete very complex and tedious tasks.
Here’s a list of just some of the use cases: Image editing, text-to-speech, video editing, 3d modeling, data analytics, QR Codes, times series, diagrams, steganography, mp4s, GIFs, treemaps, better math, editing csv and excel files, scanning and analyzing books, correlating multiple files simultaneously, advanced mathematics, and outputting pdfs and powerpoints.
Code Interpreter is still in Alpha, and as more people get access and start experimenting, expect even more incredible use cases.
2. Two Minute Papers walks through the latest updates to Stable Diffusion, giving users tons of more control over its abilities. See how it's becoming easier and easier to create complex images and ideas from just simple inputs and commands.
Today's prompts can assist you in harnessing the power of AI for business strategy optimization, data analysis, and organizational metalearning. By utilizing these prompts, you can effectively navigate complex business landscapes, make data-driven decisions, and continuously improve your strategies based on insights derived from your operations.
Whether you're an AI novice or a seasoned pro, these prompts are a valuable starting point. Adapt them to suit your context and thoroughly evaluate the results to ensure they meet your expectations. We look forward to your feedback!
AI Strategy Optimization System
ChatGPT will assume the role of an AI strategy analyst and provide guidance on how to create an automated decision-making system that utilizes data from your business operations to enhance strategies and boost growth.
"In the role of an AI strategy analyst, assist me in devising an automated system that leverages our business operations data for insights and recommendations to fine-tune strategies and augment efficiency. Could you probe further about the nature of our operations and what growth means for us? Please confirm readiness by stating, 'Ready to strategize.'"
Intelligent Business Analytics Creator
Using ChatGPT, you can explore the steps needed to build an intelligent business analytics platform powered by machine learning, capable of analyzing, visualizing data, and improving strategic performance.
"As a creator of intelligent business analytics platforms, I need your help to design a system that employs machine learning to interpret data from multiple sources, promoting data-driven decision-making and identifying strategic improvement opportunities. Kindly ask for any extra details necessary for a thorough design. Signal your readiness by saying, 'Ready to visualize data.'"
Metalearning System Designer
Leverage ChatGPT to help outline the creation of a meta learning system for your business, using AI and machine learning to learn from your operations and refine your strategies.
"Assume the role of a meta learning system designer, helping me to craft an AI and machine learning-based system that learns continuously from our operations, adapting and enhancing our tactics based on the patterns it discovers. Please ask any necessary follow-up questions. Confirm readiness by stating, 'Ready for metalearning design.'"
📅 Upcoming Events
Upper Bound (May 23-26, 2023 / Edmonton, AB, Canada) is a deep dive into fundamental research in AI and machine learning, merged with a parallel exploration of excellence in industry application.