Microsoft's Phi-3 Unveiled, Axon's AI Leap, FTC's Non-Compete Ruling, GM's Privacy Controversy, and Perplexity's Unicorn Triumph
Apr 24, 2024
07:43
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Microsoft introduces Phi-3 compact language models for smartphones, Axon's AI tool creates police reports from body cam audio, FTC bans non-compete agreements, GM accused of tracking driver behavior without consent, Perplexity AI achieves unicorn status with $1 billion valuation
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Quick takeaways
Microsoft's Phi-3 model enhances AI reasoning on edge devices using synthetic data.
FTC's ban on non-compete agreements aims to boost worker mobility despite opposition from business groups.
Deep dives
Microsoft Unveils Fi3 Small Language Models
Microsoft has introduced Fi3, a new family of compact language models that demonstrate significant performance despite their smaller size. Utilizing a training approach based on filtered web data and synthetic data from larger models, Fi3 focuses on enhancing reasoning skills for efficient operation on devices without requiring an internet connection. An intriguing aspect is Microsoft's use of synthetic children's book data to facilitate Fi3's learning process. The availability of the initial Fi3 mini model on platforms like Azure and Hugging Face, with plans for larger versions, signifies a promising leap in expanding AI accessibility across different devices.
FTC Rules on Non-Compete Agreements and GM's Data Privacy Concerns
The Federal Trade Commission's decision to prohibit non-compete agreements nationwide aims to promote workforce mobility and wage growth, impacting millions of American workers. Despite its potential benefits, this ruling faces opposition from business groups advocating for trade secret protection. On another front, General Motors faces criticism for allegedly tracking driver data without sufficient consent, leading to privacy violations and potential repercussions like increased insurance rates. These contrasting scenarios underscore the ongoing debate around employment practices and data privacy in the era of advancing technology.
In today's episode, we explore a range of fascinating developments at the intersection of AI, law enforcement, labor regulations, automotive privacy, and startup funding.
First, we take a look at Microsoft's new Phi-3 family of compact yet powerful language models that bring advanced AI capabilities to smartphones and edge devices. Next, we examine Axon's "Draft One" tool that uses AI to automatically generate police reports from body cam audio, aiming to reduce paperwork and increase community engagement time for officers. We also break down the FTC's groundbreaking decision to ban non-compete agreements nationwide, a move poised to boost worker mobility and entrepreneurship.
Shifting gears, we investigate troubling reports accusing GM of tracking drivers' behavior through its OnStar system and sharing that data with insurers without proper consent, underscoring the growing privacy concerns surrounding connected cars. Finally, we celebrate a milestone close to home as Perplexity AI, the company behind this podcast, achieves unicorn status with a $1 billion valuation thanks to the incredible support of listeners like you. It's an exciting time as Perplexity builds the future of search, and we're grateful to have you along for the ride.
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