AI and Tech World: Latest Developments and Insights from OWITH.ai

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.Databricks has released a new state-of-the-art open language model (LLM) called DBRX, outperforming established models like GPT-3.5. Amazon has invested $2.75 billion in Anthropics, a rival to OpenAI's ChatGPT. Hume has introduced the first conversational AI with emotional intelligence. The article "The First 15 Seconds" by Scott Belsky emphasizes the importance of engaging users quickly in order to build a lasting relationship. The idea of living in an attentional pathogenic culture, as described in Johann Hari's book "Stolen Focus," highlights the challenges of maintaining focus in a world full of distractions. A quote by JFK and a question about imagining oneself in 10 years if they consistently did what they know they should do are also discussed. Overall, the newsletter provides insights on cutting-edge AI developments, entrepreneurial strategies, and the importance of focus and perseverance in achieving goals.Moving on to the next news, the author, Gary Marcus, predicts that the generative AI bubble may burst within the next 12 months due to various factors. He highlights issues such as the lack of profitability, security concerns, and the industry's reliance on hype. The current state of generative AI models like GPT-4 is seen as flawed and not reliable enough for many applications. Marcus suggests that for the bubble to continue, a truly groundbreaking GPT-5 would need to be released this year, which he doubts will happen. If significant advancements addressing key issues are not made by the end of 2024, the bubble may start to pop, leading to a decrease in valuations and excitement in the generative AI industry. Marcus has been warning that generative AI was oversold, and he believes that genuine advances are needed for the industry to thrive in the long term.In other news, the text discusses the $665 million cryptocurrency donation received by the Future of Life Institute from Ethereum co-founder Vitalik Buterin, primarily funded by Buterin and a dog-themed cryptocurrency called Shiba Inu. The institute aims to reduce risks from transformative technologies, particularly artificial intelligence, focusing on existential risks. The donation was used to fund existing AI risk organizations, create new ones, and support lobbying efforts for surveillance and criminalization of AI development. The involvement of high-profile figures in funding initiatives related to AI risks is highlighted, emphasizing the need for organizations like FLI to steer transformative technology towards benefiting life.Let's continue with more updates from China where several new open-source Large Language Models (LLMs) have been launched including Jamba, Dbrx, and Samba-COE v0.2, along with XAI's release of the open-source chatbot Grok 1.5. These models are contributing to the diversification and accessibility of AI models, narrowing the gap between closed-source and open-source LLMs.Shifting gears to discuss significant investments made in "driverless" cars being considered by many as one of the worst investments in AI history due to lack of significant payoff yet.The article also touches on preparing for potential super powerful AI developments and emphasizes drafting a low-cost plan for such scenarios.In recent updates from various tech industries including controversies surrounding Coca-Cola's Freestyle soda machines possibly using cameras to capture customer data.The race between positive and negative applications of generative AI is ongoing with concerns raised about reliability and ethical implications.The podcast also covers news on trial and conviction of Sam Bankman-Fried with broader implications for the crypto ind

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