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| Welcome to Inside AI! Here are today's top stories: - Netanyahu and Musk discuss AI in a live-streamed chat.
- A study shows most Americans expect AI to lead to job reductions.
- GE HealthCare secured a $44M grant to develop an AI-assisted ultrasound tool.
If you find this newsletter useful, please consider sharing it with your friends and colleagues. Thank you! Beth
p/beth-duckett | |
| 1 | | Israeli Prime Minister Benjamin Netanyahu and Tesla CEO Elon Musk discussed AI and other topics during a live-streamed conversation today. The leaders focused on the evolving AI landscape and strategies to minimize its risks. The discussion was a part of Netanyahu's planned series of meetings with world AI leaders. More: - During the talk, Musk referred to AI as "potentially the greatest civilizational threat" and expressed doubt about who would lead — "the computers or the humans."
- Musk also voiced concern about AI's implications for China and its potential to empower a digital superintelligence that might control the country, "not the CCP."
- Netanyahu drew a parallel to the Bible, emphasizing humanity's choice between blessings and curses.
- He discussed AI's potential to eliminate scarcity but also highlighted its risks, including threats to democracy, AI-driven wars, and criminal activities.
Zoom out: - Musk and Netanyahu also explored AI-positive applications, such as senior care and precision agriculture. Musk emphasized the massive data centers needed for AGI systems.
- Following their one-on-one discussion, Netanyahu and Musk participated in an AI roundtable with OpenAI President Greg Brockman and MIT physicist Max Tegmark, which was also live-streamed.
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| 2 | | A vast majority of Americans believe AI will reduce the number of jobs over the next decade, according to a Bentley-Gallup Business in Society Study. Younger people, especially those aged 18-29, are less concerned about AI's impact, while those without a bachelor's degree are more concerned than those with a bachelor's degree or higher. 
What the numbers show: Among adults aged 18 to 29, 66% predict a drop in the total number of jobs due to AI, in contrast to 72% of those aged 30 to 44, 79% of those aged 45 to 59, and 80% of people aged 60 and above. Americans without a bachelor's degree (80%) are more likely than those with a degree (68%) to foresee AI causing job decreases. The bigger picture: The fears are not unfounded. Numerous studies support the idea of widespread job displacement due to AI. For instance, Goldman Sachs analysts suggest that generative AI could automate 300 million full-time jobs, with approximately two-thirds of U.S. and European jobs potentially affected in some form by AI, leading to significant labor market disruption. A more optimistic United Nations study believes that generative AI will automate portions of people's jobs without completely taking them over, allowing workers to focus on other responsibilities. Future impacts on the overall job count remain uncertain. Q: Are there specific industries or job sectors that you think are more vulnerable to AI automation? Share your thoughts and join the conversation here. | | | |
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| 3 | | The U.K.'s Competition and Markets Authority (CMA) has introduced seven principles to guide AI regulations and the companies involved in AI development. The principles primarily target foundation models, such as OpenAI's GPT-4 and Meta's Llama 2, that underpin a majority of generative AI applications. More: - The CMA, Britain's antitrust regulator, developed the proposed principles after an initial review.
- The principles focus on accountability, access, diversity of business models, choice, flexibility, fair dealing, and transparency.
- They aim to protect and foster competition, innovation, and economic growth while preventing the spread of subpar AI systems.
- The CMA plans to consult with key stakeholders, including major foundation model developers like Google, Meta, OpenAI, Microsoft, Nvidia, and Anthropic.
- The principles come only weeks before the U.K. hosts its first global AI safety summit, set for Nov. 1-2.
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| 4 | | GE HealthCare has secured a $44M grant from the Bill & Melinda Gates Foundation to develop an AI-assisted ultrasound imaging tool. The AI technology will be incorporated into various ultrasound devices, including cost-effective handheld scanners aimed at underserved communities. More: - The tool is expected to provide a clearer reading of ultrasound and lunge scans for maternal and fetal care and pediatric lung health.
- Caption Health, a maker of AI-powered ultrasound guidance technology, will help design the device. Caption was acquired by GE HealthCare in February.
- The AI tool will guide clinicians in performing accurate ultrasound scans, regardless of their training.
- The technology can be integrated into a range of ultrasound devices, including affordable handheld scanners.
- The $44M grant will specifically help Caption in bringing the technology to low- and middle-income countries.
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| 5 | | Writer, a generative AI startup for enterprises, raised $100M in a Series B funding round, valuing the company at $500M to $750M. Writer's large language models, called Palmyra, range from 128 million parameters to 43 billion parameters and are trained on public data sources with the exception of copyrighted content. More: - Writer's fine-tunable models are trained on non-copyrighted business text, helping companies generate content from product descriptions to digital marketing campaigns.
- The company has pledged never to use customer data for training.
- Its customers include Uber, Spotify, Vanguard, Samsung, United Healthcare, Accenture, and L'Oreal.
- Writer says its revenue has increased tenfold over two years and fourfold since the beginning of this year.
- It will use the fresh funding to invest further in its LLMs and add agent and multimodal capabilities.
Zoom out: - The company competes with OpenAI's ChatGPT Enterprise and others in the business-focused generative AI space.
- Writer CEO May Habib cited the alleged decline in output quality from ChatGPT as a reason for enterprise customers switching to Writer.
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| 6 | | AI Events and Conferences: - MLCon NYC 2023: Sept. 25-28, New York, N.Y., or online.
- The AI Conference 2023: Sept. 26-27, San Francisco.
- AI & Big Data Expo: Sept. 26-27, Amsterdam, The Netherlands.
- AIAI Computer Vision Summit — Berlin: Oct. 5, Berlin, Germany.
- WorId Summit AI: Oct 11-12, Amsterdam, The Netherlands.
- International Conference on Natural Language Processing and Cognitive Computing: Nov 6-7, San Francisco.
- AI World Barcelona: Generative AI Conference: Nov. 14-15, Barcelona, Spain.
- AI & Big Data Expo Global 2023: Nov. 30-Dec. 1, London, U.K.
- The AI Summit New York: Dec. 6-7, New York, N.Y.
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| 7 | | Quick Hits: - Big ideas demand a proven approach to product development. Revelry's process helps dev teams form and deliver 30-40% faster than industry standards.*
- Washington state's Department of Natural Resources is teaming up with T-Mobile and San Francisco tech startup Pano AI to deploy an AI-linked camera network for wildfire detection in remote areas.
- Anyscale is collaborating with Nvidia to improve large language model (LLM) development across Anyscale's computing platforms, including Ray open source, the Anyscale Platform, and Anyscale Endpoints.
- Bird Buddy, known for its AI-powered smart bird feeders, has launched Bird Buddy Explore, a digital product that allows anyone to access feeds from Bird Buddy cameras worldwide.
- Optimize your cloud costs today. This practical guide explains the steps to implement FinOps practices and how to get buy-in from your team.*
*This is sponsored content. | | | |
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INSIDE AI LEADERBOARD (7 DAYS) |
 | AI and technology writer | | Beth is the writer of Inside's AI and Tech newsletters, with a career spanning journalism and editing since 2007. She has written for publications including The Arizona Republic, USA Today, and others, and authored a book on the solar industry in 2016. Reach out to her at Beth.Duckett@yahoo.com. | | This newsletter was edited by Aaron Crutchfield | |
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