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Happy Friday Everyone,

Many people fear AGI, but that is what tech behemoths are after, so buckle up. The GPT Store will become the new house for companion GPTs and the layoffs will continue throughout 2024 according to the IMF and a World Economic Forum survey.

Lets dive in…

• The Layoffs Will Continue as Automation Raises.

• Meta’s Goal is General Artificial Intelligence.

• The “GPT Store” will get you a Companion.

Our Sections:

• 📰 News and Trends

• 🤔 What Does that even Mean? Term of the Day (Clustering)

• 💰 Follow the Money

• 🧰 AI Tools of the Day (Diagrams)

📰 AI News and Trends

• Japan literary laureate unashamed about using ChatGPT (ET)

• Figure's humanoid robots are about to enter the workforce at BMW (NewAtlas)

• Amazon is working on a new 'Remarkable Alexa,' but internal politics and technical issues plague the project (BI)

• How satellite images and AI could help fight spatial apartheid in South Africa (MIT)

• Amazon’s AI-generated products listings are hilariously bad (IE)

• AI can now copy your handwriting. We're concerned (Mashable)

• The Rabbit R1 will receive live info from Perplexity’s AI ‘answer engine’ has sold $8M in devices (TheVerge)

🌐 Other Tech news

• The next iOS update will make it harder to break into your iPhone (TheVerge)

• Workers are filming their layoffs, and then posting them to TikTok. What could go wrong? (BBC)

• Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow (NYT)

• Apple to Sell Watches Without Oxygen Feature After Legal Setback (Bloomberg)

• Reddit plans for IPO in March (FC)

• Coinbase and the SEC are battling it out in court for the future of crypto (FC)

• Each Facebook User is Monitored by Thousands of Companies (TheMarkup)

The Layoffs Will Continue as Automation Raises.

A survey at this year’s World Economic Forum in Davos revealed a significant trend: 25% of CEOs plan to reduce their workforce by at least 5%, favoring generative AI for cost-cutting.

This shift, primarily motivated by financial efficiency, could impact nearly 40% of global jobs, as indicated by the International Monetary Fund (IMF). The massive layoffs had already started and there is no sign of slowing down. The IMF warns that this could worsen inequality and social tensions, advocating for government-established social safety nets and retraining programs for affected workers. The media and entertainment industry appears most proactive in adopting AI, with over 30% of its CEOs planning layoffs, despite AI's current limitations like producing unreliable content. This global move towards AI, while seen as transformative, also poses risks to business leaders themselves, as demonstrated by the case of Sports Illustrated's CEO facing consequences for using AI in content creation.

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Meta’s Goal is General Artificial Intelligence.

Mark Zuckerberg, CEO of Meta, is steering the company towards developing Artificial General Intelligence (AGI), aligning with the efforts of other tech giants. This involves reorganizing Meta's AI research group to integrate AI advancements more directly into its applications. A crucial part of this strategy is attracting top AI talent through competitive compensation, amidst a fierce talent war in the AI industry.

Meta is making a significant investment in computing resources, aiming to become a leading company in this area with over 340,000 Nvidia H100 GPUs. While the exact nature and timeline of AGI remain undefined, Zuckerberg views its evolution as a gradual process, with Meta's Llama language models being key steps towards this goal.

A notable aspect of Meta's approach is the emphasis on open-source development for AGI, contrasting with the less transparent methods of some peers. Zuckerberg believes this openness can prevent power concentration and ensure broader access.

Beyond AGI, Zuckerberg envisions enhancing Meta's social media and future hardware products with AI, contributing to Meta's overarching goal of fostering deeper human-AI connections. This strategic shift towards AGI and open-source AI development signifies Meta's ambition to lead in the AI industry and its commitment to integrating AI into various aspects of human interaction, complementing its ongoing metaverse projects.

The “GPT Store” will get you a Companion.

OpenAI's new "GPT Store," which allows users to share and sell custom chatbots, it's quickly been inundated with AI "girlfriend" bots, diverging from its intended use for varied GPT models like coding tutors. This trend contradicts OpenAI's policies against bots for romantic companionship. The proliferation of these AI girlfriends in the store, just days after its launch, underscores the challenges in AI moderation and adherence to policies, highlighting the AI industry's struggle with content control.

💰 Follow The Money

• $300M secured by Quantinuum, a Colorado-based integrated quantum computing company.

• $40M investment received by Blueshift to help brands automate and personalize engagement across every marketing channel, using a combination of Customer AI & Generative AI.

• $34M obtained by Lightship, a San Francisco-based all-electric RV company.

• $25.6M raised by Kashable, a NYC-based fintech platform that provides socially responsible credit and financial wellness solutions.

• Nextiva, an AZ-based provider of customer experience solutions, acquired Thrio, a CA-based contact center software company with expertise in AI-driven customer experience.

🤔 What Does that even Mean? Term of the Day

Clustering: The task of dividing the dataset into groups, where members of the same group are more similar to each other than to those in other groups.

Example: A marketing firm uses clustering to group customers based on traits like age and buying habits, enabling tailored marketing strategies for each segment.

📰 Publications I am currently reading and recommending:

• Tim Ferris - Get the 5 Things I've Been Loving, Using, and Reading: Books, Gadgets, Hacks, and More.

• 1-Minute Question - Based on Neuroscience Science Practices to rewire your brain for success.

• How Brands Win - Distills the strategies behind great brands. And gives you actionable insights for your business.

🧰 AI Tools of the Day

Diagrams

• DGM - Make any type of diagrams with smart shapes, publish them on the Web, and generate code with vision AI.

• Mermaid Chart - Create complex diagrams from markdown-style code and collaborate with team members in real time.

• Diagramming AI - Make complex UML structures and workflow designs simple and efficient.

• Eraser - Draw flow charts, entity relationship diagrams, cloud architecture diagrams, and sequence diagrams.

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