Scarlett vs. OpenAI, Nvidia's Numbers, and Guest Julia Angwin
May 24, 2024
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Julia Angwin, CEO of Proof News and NY Times opinion writer, shares her insights on the rapidly evolving AI landscape. She argues that the hype around AI may be overblown, raising concerns about its impact on journalism and accuracy. The conversation also delves into the intriguing legal battle involving Scarlett Johansson and OpenAI over voice modeling and copyright issues. Additionally, they tackle the implications of antitrust lawsuits in the entertainment industry and the innovative approach of Proof News in leveraging data for journalism.
OpenAI faces trust issues over alleged voice copying, raising questions on ethical AI practices.
Nvidia boasts record earnings, while Trump Media struggles with significant losses, reflecting industry disparities.
Julia Angwin pioneers visual journalism through Proof News, emphasizing data-driven reporting to enhance audience trust.
Deep dives
NVIDIA Reports Impressive Earnings with Surge in Revenue and Net Income
NVIDIA recently disclosed impressive earnings with revenue soaring to $26 billion, up 18% from the previous quarter and 262% from the prior year. Their net income also surged sevenfold to $5.98 billion. Additionally, NVIDIA announced a 10 for one stock split, raising its quarterly dividend amidst the stellar performance. While their dominance in AI-related sales presents risks due to heavy reliance on major tech companies, the company's remarkable growth trajectory continues.
Trump Media Faces Significant Losses with Substantial Net Loss and Minimal Revenue
In a stark contrast, Trump Media revealed significant losses with a whopping net loss of $327 million and minimal total revenue of $70,500 in its initial public quarter. Shares plummeted by 10% post the dismal numbers, questioning the company's sustainability and business model. The stark difference between NVIDIA's soaring profits and Trump Media's substantial losses underscores the challenges within the media industry.
Julia Angwin Ventures into Producing Video Content with Proof News, a Nonprofit Journalism Studio
Julia Angwin, CEO of Proof News, aims to revolutionize journalism by introducing video content through a nonprofit journalism studio. With a focus on collaborating with YouTube and TikTok creators, Proof News seeks to translate serious journalism into engaging visual formats, leveraging data-driven reporting techniques. This innovative approach aims to adapt traditional journalism for modern digital platforms seeking a new storytelling paradigm.
Data Journalism and Trust in Media
The podcast episode delves into the importance of integrating data and rigor into journalism to build trust with the audience. The guest, a former data journalist, discusses their journey of trying to make data and data collection central to newsrooms, highlighting the struggle to shift traditional models to embrace data-driven reporting. By sharing examples from their work at various news organizations and emphasizing the need for evidence-based reporting instead of relying solely on anecdotes, the guest underscores the significance of data journalism in enhancing credibility and engaging audiences.
AI Testing in Election
An investigation on generative AI models' accuracy in answering simple voting-related questions during the presidential election is explored. The podcast guest describes a hackathon where election officials asked common voter queries to AI models, revealing alarming inaccuracies in responses. With more than 50% of responses being incorrect, including instances of fabricating nonexistent services like 'Vote by Text,' the discussion highlights the shortcomings of AI models in providing accurate information. The findings underscore the risks associated with AI misinformation and the challenges in ensuring the reliability of AI applications.
Kara and Scott discuss the Department of Justice's antitrust suit against Live Nation, News Corp's $250 million deal with OpenAI, and Nestle's new frozen food brand aimed at Ozempic users. Then, Scarlett Johansson alleges OpenAI copied her voice after she refused to license it to Sam Altman, though new reporting says a voice actress was hired months earlier. How does OpenAI move past these accusations, and regain trust? Plus, Nvidia shares blockbuster earnings, while Trump Media's numbers are lackluster. Finally, our Friend of Pivot is Julia Angwin, CEO and founder of Proof News, and a contributing opinion writer for the New York Times. Julia shares why she thinks AI hype is overblown, and why she opposes the TikTok ban.
