The Losers of the LLM Craze

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Executives at enterprise companies are excited about AI and have been vocal about this from the beginning. Small, often one-man outfits do not raise outside capital or build big teams. Their advantage is their small size and their ability to move very quickly with low overhead. This could possibly become one of the biggest cohorts creating real value with this technology. It's too early to tell if they're successful or compelling. A few companies I would put into this group include Harveyai, an AI-powered video editor that can change how software is written.

Jasper and Mutiny have both laid off part of their teams in recent weeks, leading some to question whether it's another example of the AI bubble deflating after ChatGPT saw declines in usage for the first time ever in June. Before that on The Brief: Nearly 8000 authors have signed an open letter from The Author's Guild asking prominent AI companies to stop training their models on their work. Barry Diller plans to sue AI companies on behalf of publishers. The UN Security Council holds first AI Risk meeting. Israel's IDF using AI in military operations. Today's Sponsor: Supermanage - AI for 1-on-1's - https://supermanage.ai/breakdown ABOUT THE AI BREAKDOWN The AI Breakdown helps you understand the most important news and discussions in AI. Subscribe to The AI Breakdown newsletter: https://theaibreakdown.beehiiv.com/subscribe Subscribe to The AI Breakdown on YouTube: https://www.youtube.com/@TheAIBreakdown Join the community: bit.ly/aibreakdown Learn more: http://breakdown.network/