OpenAI is investing heavily on ChatGPT, estimating over $540 million for the chatbot's development in 2022, with costs including $416 million for computing and data training, $89 million for staff, and operating costs of $33 million. With the aim of creating Artificial General Intelligence, this investment may prove to be well worth it, with CEO Sam Altman expecting to reach $100 billion. With plenty of risks, Steve Wozniak sees this as a danger, but OpenAI is heavily investing to become a successful high-tech startup.
Amazon has acquired Snackable AI, a startup specializing in Artificial Intelligence (AI) for audio processing. Snackable simplifies the process of discovering important parts of audio clips without having to listen to the whole thing, using AI to scan and create 'chapters, highlights and more'. The company was founded by Corinne Reichert who has since moved to work for Amazon. It is a key element of Amazon Music's AI lineup, with the Snackable CEO setting up products for the music streaming service. In addition, AWS has launched Amazon Bedrock and CodeWhisperer, aiming to bring AI to app development and coding, respectively. It's a great time to keep track of Amazon's developments in AI!
At the recent White House AI summit, President Biden and VP Harris addressed the potential dangers of AI and the responsibilities of tech companies in developing and regulating the technology. Amidst concerns about potential job loss and ethical concerns, the Biden Administration announced $140 million to the National Science Foundation, and launched policy guidance to the federal government on the use of AI.
This article examines the potential risks and implications of the advanced AI model ChatGPT, discussing topics such as biased perpetuation, misinformation, and displacement in labor markets. We explore how open AI creator Elon Musk, among other notable figures including Steve Wozniak, are advocating for an ethical use of AI for the benefit of all. Further, we discuss the potential risk of civilization destruction due to hyper-intelligent AI and the risk of it being too late to regulate. It's time that we stay ahead of the curve and work together to ensure the responsible use of this rapidly advancing technology.
Explore how the US government is taking action against the misuse of AI and ChatGPT technology, and various challenges it poses to consumers, financial institutions, and regulators. Learn more about creating safeguards against discrimination, reducing sophisticated scams and phishing schemes, creating tailored products for consumers, the open letter from Elan Musk, Steve Wozniak, and more!
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?