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OpenAI's Skyrocketing Worth and the AI Landscape: Six Months After the "Pause Letter"
PLUS: CIA eyes building AI chatbot to rival China
The Hidden Layer
September 27, 2023
Welcome to Edition #18 of The Hidden Layer. Embark on another deep dive with us as we uncover fresh facets of AI's transformative role in business and society. Onward to new discoveries!
Today's AI Headlines:
OpenAI's Soaring Valuation in Funding Talks
Six Months After "Pause AI" Letter: What's New?
AI & Human Work: Future Strategies
KPMG's AI Head Unworried by Job Loss
CIA Plans China-Rivaling AI Chatbot
ChatGPT Creator OpenAI value rockets in funding talks
OpenAI, creator of ChatGPT, is now valued at $80-90 billion according to reports, nearly triple a year ago. Microsoft has invested billions in the firm. OpenAI makes money via subscriptions and licensing technology. This week it added voice and image features to ChatGPT, expanding capabilities beyond text. Tech giants race to tap generative AI's promise while mitigating risks like misinformation spread.
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What’s changed since the “pause AI” letter six months ago?
MIT's Max Tegmark reflects on limited progress since he and others called for pausing powerful AI systems. While it normalized discussing AI risks, he says companies continue unchecked and US policymakers haven't meaningfully acted. Tegmark argues only governments intervening can force a pause. He believes tech leaders want safe AI but won't pause alone. Focus must unite on AI governance, avoiding industry writing laws or West vs China mindset.
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AI Spotlight
AI & Human Work: Future Strategies (Read More)
KPMG's AI Head Unfazed by Job Loss (Read More)
CIA Plans China-Rivaling AI Chatbot (Read More)
SAP to Integrate AI Copilot Joule (Read More)
Prompt of the Day:
What [specific tactic] strategies are best for [industry] facing economic headwinds?
Specific Tactic = [Insert Here]
Industry = [Insert Here]
Decoding AI: Your Questions Answered
What is Recurrent Neural Network (RNN)?
A Recurrent Neural Network (RNN) is a type of computer program designed to recognize patterns in data. Unlike traditional programs, it has a "memory" that helps it remember past information, making it great for tasks involving sequences like language translation, stock price prediction, or even composing music. Imagine it as a conveyor belt where each item carries some information from the previous one; this way, it learns from the past to make better decisions for the future.
As Edition #18 of The Hidden Layer concludes, we thank you for your continued engagement. The world of AI awaits our next exploration, fueled by your insights and curiosity.
Until then, stay ahead and inspired!
Best,
The Hidden Layer Team
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