| |
| Hi Insiders, Welcome to the Inside AI newsletter! Here are today's top stories: - President Biden met with AI experts today to discuss the technology's risks.
- U.S. lawmakers want a National AI Commission to potentially propose AI rules.
- KoBold Metals, a startup using ML to mine metals for EV batteries, is now an AI unicorn.
Scroll down for some "Quick Hits" and our "Question of the Week," and hit reply to let us know of any topics you'd like covered in future issues. Beth
p/beth-duckett | |
| 1 | | On Tuesday, President Biden held a meeting with AI experts in San Francisco to address the risks associated with the technology. Attendees included prominent figures such as Jim Steyer, Tristan Harris, Joy Buolamwini, Fei-Fei Li, and Oren Etzioni. California Gov. Gavin Newsom (D) sat alongside Biden during the meeting. More: - Biden emphasized the need to manage AI's risks to society, the economy, and national security.
- He said he expects to see "more change in the next 10 years than we've seen in the last 50 years and maybe beyond that," with AI fueling that change.
- Many of the experts have worked for major tech companies and have voiced concerns about the negative impacts of AI and other tech advancements.
- The White House has prioritized AI, with Chief of Staff Jeff Zients now leading efforts to develop "decisive actions" on the subject.
- On Tuesday, the Biden administration announced that the White House chief of staff's office is actively holding frequent meetings, two to three times a week, to devise strategies for secure AI.
Zoom out: - During his Silicon Valley visit on Monday, Biden participated in two fundraisers, including one co-hosted by Reid Hoffman, a LinkedIn co-founder, venture capital investor, and co-founder of generative AI startup Inflection AI.
- Biden and Vice President Kamala Harris previously met with the CEOs of Google, Microsoft, OpenAI, and Anthropic in May.
|     | |
| 2 | | The news: U.S. lawmakers introduced the National AI Commission Act on Tuesday. The bill, put forward by U.S. Reps. Ted Lieu (D-Calif.), Anna Eshoo (D-Calif.), and Ken Buck (R-Colo), proposes a federal commission to study AI and potentially establish regulations as U.S. lawmakers ramp up their efforts to control rapidly growing AI. The details: The House bill calls for a 20-member commission, evenly divided between Democrats and Republicans, which would issue three reports over two years. Lawmakers from both major parties are advocating for the commission, which would evaluate current AI oversight, propose new structures, and establish a risk-based regulatory framework. By the numbers: While the U.S. has yet to propose overarching AI rules akin to the EU's sweeping AI Act, it does lead world countries in the number of AI-related bills passed into law through 2022. What's next: If created, the commission's reports would offer expert advice and recommendations to address AI risks and harms while safeguarding tech innovation. Its members, representing sectors like government, industry, and civil society, would be appointed by the White House, House, and Senate. U.S. Sen. Brian Schatz (D-Hawaii) is expected to introduce a Senate counterpart to the bill. Additionally, Senate Majority Leader Chuck Schumer (D-NY) plans to unveil an AI framework, dubbed "SAFE Innovation in the AI Age," in a speech at the Center for Strategic and International Studies on Wednesday. 
| | | |
| A message from our sponsor, Notion. |  | | There’s a better way to work. Notion combines project management with your docs and knowledge base, so you can stop jumping between tools and stop paying too much for them too. - Consolidate your work: Track tasks, write specs, and organize team knowledge in one workspace to ship faster.
- Customize your setup: View projects as a timeline, table, or kanban. Filter, sort, and build automations. Notion is infinitely configurable so you can work the way you want.
- Track every detail: Organize sprints, list subtasks, and catch dependencies so nothing falls through the cracks.
- Powered by AI: Automate tedious work with Notion AI. Write user stories, summarize notes, find action items, and more.
Get Notion Projects free | |
|
| 3 | | KoBold Metals, a startup using machine learning to mine metal deposits needed for EV batteries and more, has achieved a unicorn $1.15B valuation through a $195M funding round led by T. Rowe Price. The WSJ and Axios first reported the news. More: - The mining startup has constructed an Earth's layers database and employs algorithms to forecast mineral deposits' locations.
- Its focus is on cobalt, copper, nickel, and lithium.
- AI helps KoBold determine what publicly available data to collect, where to acquire land, and where to drill.
- It tech gathers and analyzes data streams, such as satellite imagery and drilling history, to determine geological patterns and predict where deposits might be located.
Funding: - The round included investments from notable names like Andreessen Horowitz, Breakthrough Energy Ventures (backed by Bill Gates and Jeff Bezos), and BOND.
- The fundraising will support KoBold's development of acquired copper reserves in Zambia, as well as nickel and lithium exploration projects and R&D for software and hardware.
- The Berkeley-based company currently invests around $100M annually in over 60 exploration projects spanning North America, Africa, and Australia.
- KoBold last closed a $192.5M Series B in February 2022.
| | | |
| 4 | | The European Consumer Organization (BEUC), the EU's largest consumer group, has called for urgent investigations into the risks of generative AI and urged regulators not to delay action. The group expressed concerns about the potential for disinformation, manipulation, scams, and harm caused by systems like ChatGPT. More: - In a call to action published Tuesday, the BEUC's deputy director general called on safety, data, and consumer protection authorities to launch investigations immediately and not wait until AI has harmed consumers.
- The BEUC believes consumers need protections while they await final passage of the EU's upcoming AI Act.
- The groups represent consumer organizations across 13 EU countries.
- Its call to action coincides with a new report from Forbrukerrådet, a BEUC member and Norwegian consumer organization.
- The report, titled "Ghost in the Machine: Addressing the consumer harms of generative AI," covers topics like data secrecy, wrong or inaccurate output, AI bias, chatbot manipulation, and security vulnerabilities.
| | | |
| A message from our sponsor, Pendulum. |  | | The powerful probiotic Halle Berry swears by to improve her sugar & carb metabolism Meet Metabolic Daily, the multi-strain probiotic blend that helps your body do more with the food you eat. As award-winning actor Halle Berry says, “Metabolic Daily is a probiotic that everyone can take to help maintain healthy blood sugar and curb sugar cravings.” Halle reached out to Pendulum—the company that makes Metabolic Daily—after experiencing life-changing results taking Metabolic Daily which led to her newest role as their Chief Communications Officer. Formulated with the next-generation strain Akkermansia muciniphila, Metabolic Daily optimizes how your body metabolizes sugar and carbs to support a healthy weight. And if that wasn't enough, it also helps break down fiber and supports beneficial postbiotics and hormones, such as butyrate and GLP-1. The result? Less sugar cravings and crashes—just balanced, sustained energy throughout the day. Don’t wait—Inside readers get 20% off the first month of any Pendulum membership with code INSIDE20. Buy Now | |
|
| 5 | | OpenAI is planning an "app store" for AI models based on its own technology, according to The Information. Businesses would have the opportunity to sell their customized chatbots, created for things like fraud detection or market research, to other businesses. More: - OpenAI CEO Sam Altman reportedly shared the plans during a recent developers' meeting.
- Aquant and Khan Academy have already expressed interest in distributing their customized versions of ChatGPT through an OpenAI store.
- While OpenAI previously launched ChatGPT plugins, they haven't gained much in popularity.
Zoom out: - The marketplace could rival app stores operated by OpenAI's customers and partners like Salesforce and Microsoft while also expanding OpenAI's technology to a wider customer base.
| | | |
| |
| 7 | | QUICK HITS - Notion combines traditional project management with your docs, knowledge base, and AI. Try it for free.*
- Opera has launched Opera One, its AI-powered browser, to the public. Opera One, featuring a GPT-powered chatbot called Aria, is now available for download on Windows, Mac, and Linux via the Opera website.
- Germany's Bild tabloid, Europe's biggest-selling newspaper, plans to cut costs by using AI to replace editorial jobs.
- Vimeo is launching AI-powered tools to assist entry-level video creators with script creation, teleprompter recording, and removing pauses and disruptions in speech.
- San Francisco-based AI startup Galileo introduced Galileo LLM Studio, a platform designed to diagnose and resolve problems such as hallucinations in large language models.
*This is a sponsored post. | | | |
| Upcoming Events | | JUN
20 | | Contract Negotiations 101 with Mathew Kerbis | | | | | | | JUN
22 | | Inside.com Book Club - Automate Your Busywork (June 2023) | | | | | | * This is a sponsored event | | | |
Term of the Day Gamification: Gamification is the addition of fun, addictive, game-like elements in non-gaming services such as websites, online communities and digital products. Question of the Week How do you feel about the phrase "The customer is always right"? Join the conversation |
INSIDE AI LEADERBOARD (7 DAYS) |
 | AI and technology writer | | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. She has written the Inside AI newsletter since 2019. You can reach her at Beth.Duckett@inside.com. | | This newsletter was edited by Aaron Crutchfield | |
| |
| |
|
| |
|
| |
Comments
Post a Comment