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🚀 Elon Musk: We're less than 3 years from AGI

An arm race of Open-source

Plus: An arm race of Open-source

Read time: 5 minutes

Happy Weekend! Hope you're ready for some exciting news.

With OpenAI's recent event stirring up the AI community, there's a lot of buzz around AGI, leading to a wave of predictions that might seem overwhelming.

And guess what? ChatGPT just hit its first-year milestone, igniting fierce competition in AI innovation. Stay with us for more eye-opening insights!

Microchips and World Power: Understanding the Changes and Challenges

Microchips may be small, but they're like the brains in our gadgets and crucial for the economy and safety. As tech grows, the USA and China race to lead in microchip production. The USA's CHIPS Act aims to boost its role. This race isn't just about tech, but global leadership and power. Learn more about how microchips are shaping our future!

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🔥 A Quick Poll: Open Source AI vs OpenAI: Who'll Lead in 2023?

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Do you think most open source AI models next year will surpass OpenAI's capabilities?

With advancements in technology, some believe that open source AI models might outperform those developed by OpenAI in the coming year. We're curious about your opinion on this prediction. Share your thoughts by voting below!

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🚀 Elon Musk: We're less than 3 years from AGI

Elon Musk's near-term AGI prediction raises crucial questions about AI's evolution and the ethical challenges ahead.

Key Takeaways:

  • Elon Musk predicts AGI, capable of writing novels and inventing new technologies, could emerge in less than three years.

  • Musk expresses concern over Ilya Sutskever's decision to fire Sam Altman, suggesting it might be related to an AI danger.

  • He highlights AI as a potential threat, more dangerous than nuclear bombs, and admits to losing sleep over its implications.

  • Musk suggests that despite the dangers, the advancement of AI is inevitable and emphasizes the need for regulation in this field.

  • Musk's perspective on AI copyright issues is relaxed, believing they will become irrelevant with the advent of the 'digital god.'

  • His approach to the AI threat evolves from initial concern to fatalistic acceptance, reflecting on the inevitability of AI's progression.

Why it matters: Musk's views signal a pivotal moment in AI's history, underscoring the urgency of ethical oversight and regulatory frameworks to mitigate risks as we approach the AGI era.

Our POV: Elon Musk often sets ambitious deadlines but isn't always on time. However, if he says a new technology will be ready in three years, it's very possible. We might even see it before 2030. Other tech experts agree with him, which suggests they have good reasons for their predictions. Elon also makes these quick predictions to encourage his team to work faster.

💡 Are Open-Source Large Language Models Catching up?

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Source: Research - ChatGPT’s One-year Anniversary: Are Open-Source Large Language Models Catching up?

ChatGPT's first anniversary marks a pivotal moment in AI, highlighting the evolving competition between open-source and proprietary models.

Key Takeaways:

  • Salesforce Research, led by Hailin Chen and Caiming Xiong, found open-source LLMs outperforming GPT-3.5-turbo in several areas.

  • Open-source models like Lemur-70B-chat excel in tasks such as environment exploration and feedback-based coding tasks.

  • Proprietary models like GPT-3.5-turbo and GPT-4 still lead in AI safety due to extensive RLHF processes.

  • Salesforce's Einstein Trust Layer offers enhanced safety and trust for enterprise use of LLMs.

  • The democratization of RLHF processes may soon allow open-source LLMs to match proprietary models in safety.

Why it matters: As AI continues to advance, the balance between innovation and safety remains crucial, exemplified by the ongoing race between open-source and proprietary AI models.

Our POV: In the end, what matters most in technology, like in past debates about different types of clouds, is how it helps businesses. It's important that technology solves real problems in a practical way. Just like with the old battles between search engines and browsers, the best technology doesn't always win; it's about what's most useful.

🍃 Stability AI's Sale Journey Amid Investor Pressure

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Source: Gabby Jones/Bloomberg

Stability AI, amidst financial turbulence and investor dissent, contemplates a sale, showcasing AI startups' complex dynamics.

Key takeaways:

  • Stability AI, the creator of Stable Diffusion, is considering selling due to financial concerns raised by investor Coatue.

  • CEO Emad Mostaque faces pressure to resign amidst the company's financial instability.

  • The company, initially valued at $500 million, is currently worth $1 billion.

  • Stability AI's spending outpaces its revenue, leading to financial strains.

  • Coatue Management's push signifies a rift between investors and Stability AI's leadership.

Why it matters: The pressures on Stability AI reflect broader trends in the AI industry, where financial viability and leadership are as crucial as technological innovation.

⏳ Countdown to AGI: Nvidia CEO's Forecast

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Source: Business Insider

Nvidia's Jensen Huang anticipates the advent of AGI, matching human intelligence, in just five years.

Key Takeaways:

  • Nvidia CEO Jensen Huang predicts AGI, comparable to human intelligence, will be achieved in five years.

  • AGI is defined as a technology with intelligence competitive to a normal human.

  • Currently, AI technology is progressing rapidly but hasn't reached complex human intelligence levels.

  • Huang's vision includes AI capable of designing Nvidia's chips, currently assisted by AI.

  • This prediction aligns with other tech leaders' views on the near-term realization of AGI.

Why it matters: Huang's forecast marks a pivotal moment in AI evolution, highlighting the imminent approach of AGI and its potential transformative impact on technology and society.

The AI Quick Hits

1. 🤖 Dream by Wombo launches AI avatar app (Read More)

2. 🩺 Smart Aid Kit AI diagnoses and treats remotely (Read more)

3. 💬 Microsoft: No super AI coming fast (Read more)

4. 🔍 Major Firms Learn to Trust AI Data (Read more)

5. 🏥 Generative AI: Transforming Healthcare, Not Big Tech's Control (Read more)

💸 Daily AI Fundraising

Kognitos Secures $20M for Office Automation - This investment, increasing their total to $30 million, will boost product development and expand business app integrations.

Tola Capital has secured its largest fund ever, $230 million- Focusing on AI-enabled enterprise software. This positions them among leading VC firms investing in innovative AI ventures.

🏅 Top AI tools

Top 5 AI Products Launching Today in Product Hunt

1. 🤖 Pagerly AI speeds debugging, collaboration, and communication for incident response teams.

2. 💬 Sider 4.0 compares AIs like ChatGPT, GPT-4, Claude, and Bard in group chat to reduce hallucination.

3. 👥 Bind links customer data to Discord for automated role assignment and increased engagement.

4. 📱 Pactto is a mobile-first tool that helps creative pros easily provide feedback with precision, nuance, and fidelity.

5. 📚 GitBook merges docs, AI search and insights into one knowledge base for technical teams. Native docs creation in Slack, GitHub, VS Code.

New Empowered AI Tool

6. 🧠 Asekio creates a complete website, with images and text, using AI.

7. 📊 Unremot is a groundbreaking no-code tool that significantly accelerates the integration of AI features into products.

8. 🖥️ Wondr AI is the first system that allows you to automate your print-on-demand store with artificial intelligence.

9. 🔬 GlossAI is an AI-powered platform that turns raw footage into engaging, multi-audience content with generative AI.

10. 🌐 Kreo Software is an AI-powered tool for construction takeoffs and estimating, streamlining processes, and improving collaboration.

✏️ Tutorial: Create Videos in Languages You Don’t Speak

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2. Upload your media

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→ Here’s my audio file

3. Choose the language and quality options → Then hit “Duplicate and translate” to start

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4. Here’s the result

🎯 A Prompt to Manage Your Time

If your calendar is confusing and you're not sure what to do first, this prompt can help. It organizes your time and frees up your schedule.

Just upload a screenshot of your calendar for this week to ChatGPT with this prompt

Review the attached calendar for my upcoming schedule. Ask me clarifying questions to identify meetings or tasks that are less critical or low-priority, and suggest alternative times when these could be rescheduled or delegated, so I can prioritize maintaining blocks of time for high-value work and strategic planning. Additionally, flag any commitments that may no longer be necessary or beneficial. Every time I send an updated calendar, ensure I consistently focus on the most impactful tasks and responsibilities.

💼 AI Jobs

  • Telegraph: AI Platform Manager (Link)

  • Holistic AI: Senior AI Impact Researcher (Link)

  • Xpertise Recruitment Ltd: Director of Data & AI (Link)

  • Richard Wheeler Associates: AI Engineer, NLP, BioTech (Link)

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