The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis Mind-Reading AI? Scientists Use GPT-Like AI to Accurately Translate Thoughts into Text
May 2, 2023
Exciting breakthroughs from the University of Texas reveal AI's potential to decode thoughts into text using fMRI data. However, ethical concerns loom over this technology. In the job market, companies like IBM and Dropbox are replacing human hires with AI, stirring worries about employment. Additionally, significant discussions unfold regarding the implications of AI in government surveillance and the recent resignation of Geoffrey Hinton, who cautions about AI's dangers. The landscape of AI continues to evolve rapidly, sparking both fascination and concern.
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IBM and AI
- IBM plans to replace 7,800 back-office, non-customer-facing roles with AI.
- They won't fire existing employees but automate future hires for these roles.
Dropbox's Pivot to AI
- Dropbox laid off 500 employees in a pivot to AI.
- These roles weren't directly automated but made obsolete by AI's new direction.
Meta's AI Success on Instagram
- Meta reported AI-driven improvements in Instagram Reels increased user engagement by 24%.
- Consequently, Meta's stock price rose 15% after the earnings call.