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Leveraging AI

87 | Magical announcement from OpenAI, Microsoft developing their own leading LLM, X.ai raises $6B, and more news from the week ending on May 11

May 11, 2024
Isar Meitis discusses OpenAI's mysterious upcoming announcements beyond GPT-4, AI's impact on the job market, legal battles in AI, Microsoft's AI developments, advancements in robotics, X.ai's $6B investment, and the rise of Append, a Canadian startup in AI search technology.
26:26

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Quick takeaways

  • OpenAI's upcoming models are set to revolutionize user interactions with complex tasks and deeper relationships, raising concerns about potential job displacements and economic shifts by 2030.
  • Legal challenges against OpenAI, like alleged unauthorized training on copyrighted data sets, highlight the ongoing debate on fair use and data ownership, influencing future data training practices and compensation methods in AI development.

Deep dives

AI Advancements and Economic Implications

OpenAI's upcoming models are predicted to revolutionize user interactions, enabling complex tasks and deeper relationships. However, concerns arise regarding AI's impact on the economy, with estimates suggesting significant job displacement and economic shifts by 2030. This could lead to job loss before new opportunities are created, impacting millions of workers. The rapid pace of AI development and societal unpreparedness raise apprehensions about the impending economic challenges.

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