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Morgan Stanley - 1 Phelim Bradley - 1 Bradley - 1 ethicists - 1 — - 1 Hume - 1 Alan Cowen - 1 Hume's - 1
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☆ While ChatGPT stokes fears of mass layoffs, new jobs are being spawned to review AI
  + stars: | 2023-10-12 | by ( Ryan Browne | ) www.cnbc.com   time to read: +7 min
The logo of generative AI chatbot ChatGPT, which is owned by Microsoft-backed company OpenAI. Generative AI, which enables AI algorithms to generate humanlike, realistic text and images in response to textual prompts, is trained on vast quantities of data. Job postings on LinkedIn that mention either AI or generative AI more than doubled globally between July 2021 and July 2023, according to the jobs and networking platform. Mesh AI, a digital transformation-focused consulting firm, says that human feedback can help AI models learn mistakes they make through trial and error. WATCH: Adobe CEO on new AI models, monetizing Firefly and new growth
Persons: Morgan Stanley, Phelim Bradley, Bradley, ethicists, —, Hume, Alan Cowen, Hume's, there's, Michael Chalmers Organizations: Microsoft, Future Publishing, Meta, Google, University of Oxford and University College London, CNBC, Oxford Science Enterprises
☆ Exclusive: ChatGPT owner OpenAI projects $1 billion in revenue by 2024 - sources
  + stars: | 2022-12-15 | by ( Jeffrey Dastin Krystal Hu Paresh Dave | Jeffrey Dastin | Krystal Hu | ) www.reuters.com   time to read: +7 min
Three sources briefed on OpenAI's recent pitch to investors said the organization expects $200 million in revenue next year and $1 billion by 2024. OpenAI was most recently valued at $20 billion in a secondary share sale, one of the sources said. The startup has already inspired rivals and companies building applications atop its generative AI software, which includes the image maker DALL-E 2. OpenAI has also attracted attention as an AI provider and potential Google search competitor, with ChatGPT answering queries for more than 1 million users so far. OpenAI warns users, ChatGPT "may occasionally produce harmful instructions or biased content."
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