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$550B In Net Worth Met In D.C. To Talk AI: Did Anything Get Done?
The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis
Technology leaders' profitability and investments, drone startup funding, consulting firms investing in AI, and tensions at AI policy summit
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This chapter explores the profitability and high rate of investment by current technology leaders, as well as their defensive position in terms of revenues and earnings. It also mentions the funding round for drone startup Shield AI and the investments made by consulting firms in AI technology. The chapter concludes with the AI policy summit organized by Senate Majority Leader Chuck Schumer, which highlighted tensions around policy and the risks of releasing models as open source.
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