When Matt Hicks was appointed CEO of Red Hat last summer, he faced two big hurdles: the economic environment and the growth of AI. In the first 10 months of his tenure, he worked to manage the relationship between RedHat and parent company IBM, and had to respond to the pandemic which resulted in layoffs of 700 employees. Red Hat continues to perform well in revenue despite the challenges. Hicks has taken a long-term view to decision making, demonstrating successful leadership in a tough environment and setting his sights on the future of the company.
OpenAI, created by Sam Altman, Greg Brockman and Ilya Sutskever, is a research centre on Artificial Intelligence and Machine Learning. They recently wrote a blog post exploring the need for regulations and better oversight regarding "superintelligence" AI systems. Debate over potential risks/benefits of AI increases, OpenAI's hope is for cautious development with collaboration between governments, companies, and the public.
Sam Altman, co-chairman of OpenAI, proposes to form an international body to oversee Artificial Intelligence advancements in order to ensure absolute safety when deploying advanced technologies. This organization is similar to the International Atomic Energy Agency for the AI sector and will bring new regulations for AI-based projects. Joe Biden’s EPA takeover of the US automotive industry makes Sam’s propositions even more relevant.
Stay up to date on the latest developments in the venture capital world with news from Equity. This Wednesday's episode discussed the changes with Microsoft's Startups facing team. Hans Yang and Tom Davis spoke to Alex about Microsoft's Pegasus program and how the tech giant is helping startups succeed through venture capital and AI. Listen now to get the latest news - and follow @EquityPod for even more! #Microsoft #Startups #VentureCapital
This article explores the potential implications of Artificial Intelligence (AI) in our daily lives - both the advantages and dangers of AI takeover. Dr. Daron Acemoglu encourages the development of new tasks for knowledge workers and white-collar professions, with AI-generated art sparking many debates regarding its usage and its effect on human work. The OpenAI LLM raises worries about its promotion of false information, and potential regulation and compensation for its use is examined. Discover the possibilities of AI, and the worth of human creativity.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?