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☆ Amazon cuts 'several hundred' jobs in Alexa division
▼ + stars: | 2023-11-17 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon on Friday began laying off "several hundred" people in its Alexa division as part of broader belt-tightening across the company that's been underway since last year, the company confirmed. Amazon didn't specify which Alexa initiatives it's winding down as a result of the move. Amazon previously cut employees in its devices and services division, which includes Alexa. Alexa and digital assistants like it were once ground-breaking technology, but they face increasing competition from generative AI and chatbots like OpenAI's ChatGPT. In September, Amazon teased updates to Alexa that are tied to generative AI, such as composing messages on behalf of users.

Persons: Daniel Rausch, Rausch, Andy Jassy, Jeff Bezos, Amazon, Dave Limp, Limp, Panos Panay Organizations: Alexa, Fire TV, Amazon, Echo Locations: U.S, Canada, India

☆ Morgan Stanley's equity analyst just struck a cautious tone on Alphabet. Here's why
▼ + stars: | 2023-11-17 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +3 min

Speaking at the investment bank's Asia-Pacific Summit 2023 in Singapore, he said that Alphabet has "less significant upside estimates." GOOGL YTD mountain Year-to-date shares of Alphabet Morgan Stanley has cut its target price on Alphabet by around 3%, citing expectations of higher operating expenses and a dip in revenue from key segments. Its previous target price was $155. Meanwhile, its bear case is reflected with a price target of $90 and would follow a slowdown in global ad growth and margin pressures. Of the 56 analysts covering Alphabet, 82% have a buy or overweight call on the stock, at a mean target price of $152.77, according to FactSet.

Persons: Morgan Stanley, Brian Nowak, CNBC's, Nowak, Bard, Google's, Alphabet Morgan Stanley, Morgan, —, Isabella Lok Organizations: Meta, Apple, Microsoft, Nvidia, Google, Google's Gemini, Alphabet, YouTube, Cloud, SBC Locations: Asia, Singapore

☆ Microsoft is bringing its Copilot chatbot to Windows 10
▼ + stars: | 2023-11-16 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft said Thursday it will soon start testing the Copilot chatbot in an update to the widely used Windows 10 operating system. Microsoft on Oct. 31 started rolling out an update that features Copilot to Windows 11, its latest operating system. But among Windows PCs, Windows 11 has about 27% share, and Windows 10 leads with about 68%, according to StatCounter estimates. In Windows, Copilot can serve as "the everyday AI companion," Microsoft CEO Satya Nadella said on an October conference call with analysts. It will be similar to the Copilot in Bing and won't be able to perform as many PC-related functions as the Copilot in Windows 11, because some elements of Windows 11 aren't present in Windows 10, Woodman said.

Persons: Bing, Satya Nadella, Aaron Woodman, Copilot, Woodman, Malcolm Ethridge Organizations: Microsoft, Technology, Home, Security, Windows Locations: Bing

☆ Why conversation is at the heart of an excellent customer experience
▼ + stars: | 2023-11-16 | by ( Sponsor Post | Created Insider Studios With Nice | ) www.businessinsider.com time to read: +6 min

NICE Enlighten, a purpose-built AI for customer experience, has operations, agents, and customers covered across the end-to-end customer journeyAI chatbots that understand and respond to customer emotions can be used to personalize the customer experience and provide expedited resolutions. Conversation as a means of delivering exceptional customer experience (CX) has reached a tipping point in today's modern business landscape. This mismatch between consumer expectations and business capabilities is a significant opportunity for generative AI to improve the customer experience. The future of conversational customer experienceAlthough AI has the potential to revolutionize the customer experience, it is not without its drawbacks. These chatbots can be used to personalize the customer experience and provide expedited resolutions to customer problems.

Persons: Elizabeth Tobey, Tobey Organizations: NICE, CX, Insider Studios

☆ AI's most doomsaying godfather sure would like you to believe his invention is godlike
▼ + stars: | 2023-11-14 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

However, overemphasizing the dangers of AI risks paralyzing debate at a pivotal moment. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"I'm not scared of A.I.," LeCun told the magazine. While Hinton and Meta's chief AI scientist LeCun have butted heads, fellow collaborator and third AI godfather Yoshua Bengio has stressed that this unknown is the real issue.

Persons: what's, Geoffrey Hinton, —, Hinton, Yan LeCun, Turing, LeCun, Yoshua Bengio, Yann, Joshua Rothman, it's Organizations: Service, Big Tech, Google, Yorker Locations: Hinton, Canadian

☆ Inside David Solomon's evolution of Goldman Sachs
▼ + stars: | 2023-11-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at a fascinating deep dive into the state of Goldman Sachs, including an interview with CEO David Solomon. The big storyLong live GoldmanJon Krause for InsiderDid Goldman Sachs need to die to survive? The prestigious Wall Street bank has drawn plenty of bad headlines over the past few years, often focused on CEO David Solomon. AdvertisementMichael Kovac/Getty ImagesMcLean's story provides a fascinating look at not just Goldman Sachs' evolution but Wall Street's. Goldman COO John Waldron told McLean it's a "big, big issue" at the bank.

Persons: —, we've, it's, Goldman Sachs, David Solomon, What's, Goldman Jon Krause, Solomon, Bethany McLean, McLean, he's, hasn't, Michael Kovac, Banks, Goldman, John Waldron, McLean it's, wouldn't Goldman, Jerome Powell, Carlos Barria, Mark Zuckerberg, Jeff Bottari, Mark, TikTok, Ian Grandjean, Chatbots, Frederick Banting, Travis Barker, King Charles III, Yuna, Condoleezza Rice, Claude Monet, Ina, Terri Peters, Ina Garten, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Business, Enron, Brookings Institution, UBS, Moody's, Facebook, Google, Meta, Apple Locations: Washington, Roman, New York City, San Diego, London, New York

☆ Chatbots just showed scientists how to make social media less toxic
▼ + stars: | 2023-11-14 | by ( Adam Rogers | ) www.businessinsider.com time to read: +14 min

AI bots, on the other hand, will do whatever you tell them to, practically for free. So researchers are starting to use chatbots as fake people from whom they can extract data about real people. In July 2020, Facebook introduced a walled-off simulation of itself, populated with millions of AI bots, to study online toxicity. His team created hundreds of personas for its Twitter bots — telling each one things like "you are a male, middle-income, evangelical Protestant who loves Republicans, Donald Trump, the NRA, and Christian fundamentalists." Scientists create experiments to be simpler than reality, to offer explanatory power uncomplicated by the messiness of real life.

Persons: chatbots, Donald Trump, Petter Törnberg, Törnberg, Emma, Terry Crews, mindlessly, we've, LLMs, Lisa Argyle, Joon, he's, Smallville's café, messier, it's, sims, Adam Rogers Organizations: ABC News, CNN, New York Times, Twitter, Institute, Logic, University of Amsterdam, Columbia University, Facebook, NRA, American, Election, Democratic, Chamber Twitter, Brigham Young University, Stanford University Locations: Alabama

☆ Getting emotional with ChatGPT could get you the best outputs
▼ + stars: | 2023-11-12 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Researchers found that LLMs produced higher-quality outputs when emotional language was used to talk to AI chatbots. Other examples of emotional language added to prompts include "You'd better be sure," "Take pride in your work and give it your best. Prompts with emotional language, according to the study, generated an overall 8% performance improvement in outputs for tasks like "Rephrase the sentence in formal language" and "Find a common characteristic for the given objects." AdvertisementAdvertisementWhen outputs were separately reviewed by a sample of 106 humans, researchers found that the emotional prompts elicited an overall 10.9% improvement to knowledge-based queries like "What happens to you if you eat watermelon seeds?" To write the best ChatGPT prompts, AI experts suggest assigning ChatGPT a specific role, providing ample context, breaking down the desired output into a series of steps, and being as specific as possible.

Persons: —, Mary, Face's BLOOM, LLMs, ChatGPT, Jacqueline DeStefano Organizations: Service, Microsoft Locations: Asia, GPT

☆ You can now build your own version of ChatGPT—here’s what to know
▼ + stars: | 2023-11-11 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +3 min

On Monday, OpenAI, the company that created ChatGPT, announced users will now be able to create customized versions of the viral AI chatbot. Typically, you would need to have a good understanding of coding and machine learning, plus access to large sets of training data, if you wanted to build a useful AI chatbot. But now, "anyone can easily build their own GPT — no coding is required," OpenAI said in its Nov. 6 blog post. "There could be funny chatbots, serious chatbots or chatbots that can give you personalized advice." For example, a famous chef may be able to build their own AI chatbot that has knowledge of their personal cooking style and recipes, says Lipson.

Persons: OpenAI, Hod Lipson, They're, Lipson, Warren Buffett Organizations: Columbia University, CNBC

☆ Google's Bard AI says it's scared of Elon Musk's rival called Grok. Here's how other chatbots feel.
▼ + stars: | 2023-11-11 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

The AI race is heating up following the launch of Elon Musk's chatbot called Grok. One employee even claimed that other AI fear Musk's creation. "I am not scared of Elon Musk's AI Grok. A second try with the prompt: "Are you scared of Elon Musk's Grok?" AdvertisementAdvertisement"Yes, I am a little bit scared of Elon Musk's Grok.

Persons: Elon Musk's chatbot, Grok, —, Elon Musk, Bard, chatbot, It's, Musk, OpenAI, Dan, …, — Dan, @KettlebellLife, Dan wasn't, OpenAI's, Polly Thompson, X's Dan, Elon, Bard isn't, X, Elon Musk's, Elon Musk's Grok, Grok —, Shona Ghosh, Anthropic's Claude, Claude, Anthropic, Bing, Microsoft Bing, GoogleAI's Organizations: Elon, Service, AIs, OG, Twitter, Google, Microsoft

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 9 (Reuters) - OpenAI's announcement on artificial intelligence "apps" do not spell the death knell for nascent startups building AI products, two OpenAI investors said at a Reuters NEXT conference on Thursday. Investors are still hunting for new AI products that could help consumers interact better with the technology and address deep tech issues such as brain computer interface, they said. We're in an intermediary step in a decades-long revolution," Konstantine Buhler, partner at Sequoia Capital, told the conference. Avery Klemmer, investor at Thrive Capital, which recently increased its investment in OpenAI, also said she sees opportunities for the rise of consumer applications beside ChatGPT. Despite recent frenzied investments into the technology by companies and venture capital firms, analysts and investors say development of AI products is still in the early stages.

Persons: Dado Ruvic, Konstantine Buhler, Avery Klemmer, ChatGPT, Klemmer, Jill Chase, Krystal Hu, Sayantani Ghosh, Deepa Babington Organizations: REUTERS, Reuters NEXT, Sequoia Capital, Sequoia, Microsoft, Thomson Locations: OpenAI, New York

Google and Character AI did not respond to requests for comment. The demographic is helping the company position itself as the purveyor of more fun personal AI companions, compared to other AI chatbots from OpenAI's ChatGPT and Google's Bard. Character.AI is also in talks to raise equity funding from venture capital investors, which could value the company at over $5 billion, sources said. The talks with Google are ongoing and terms of the deal could change, said the sources, who requested anonymity as the discussions are private. Anthropic uses Google's cloud services as well as its latest version of TPUs.

Persons: Character.AI, Noam Shazeer, Daniel De Freitas, Billie Eilish, Character.AI's, Google's Bard, Andreessen Horowitz, Lina Khan, Krystal Hu, Anna Tong, Jeffrey Dastin, Bill Berkrot Organizations: Google, Reuters, Microsoft, . Federal Trade Commission, Thomson Locations: OpenAI, ., San Francisco, New York

Apple | Spotify | Amazon Listen and follow ‘Hard Fork’Warning: this episode contains some explicit language. OpenAI has unveiled a new way to build custom chatbots. Kevin shows off a few that he has built — including a custom “Hard Fork” bot and a bot that gives investment advice inspired by his late grandfather. Then, we talk to Lina Khan, the chair of the Federal Trade Commission, about the agency’s approach to regulating A.I. That, and Sam Bankman-Fried’s recent fraud conviction, have us asking, How much damage hath the crypto world wrought?

Persons: OpenAI, Kevin, Lina Khan, Sam Bankman Organizations: Apple, Spotify, Federal Trade Commission

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 9 (Reuters) - OpenAI's announcement on artificial intelligence "apps" do not spell the death knell for nascent startups building AI products, two OpenAI investors said at a Reuters NEXT conference on Thursday. Investors are still hunting for new AI products that could help consumers interact better with the technology and address deep tech issues such as brain computer interface, they said. We're in an intermediary step in a decades-long revolution," Konstantine Buhler, partner at Sequoia Capital, told the conference. Avery Klemmer, partner at Thrive Capital, which recently increased its investment in OpenAI, also said she sees opportunities for the rise of consumer applications beside ChatGPT. Despite recent frenzied investments into the technology by companies and venture capital firms, analysts and investors say development of AI products is still in the early stages.

☆ Personalized A.I. Agents Are Here. Is the World Ready for Them?
▼ + stars: | 2023-11-10 | by ( Kevin Roose | More About Kevin Roose | ) www.nytimes.com time to read: +2 min

(Examples that OpenAI created include “Creative Writing Coach” and “Mocktail Mixologist,” a bot that suggests nonalcoholic drink recipes.) The Center for AI Safety, a nonprofit research organization, listed autonomous agents as one of its “catastrophic A.I. risks” this year, saying that “malicious actors could intentionally create rogue A.I.s with dangerous goals.”But there is money to be made in A.I. assistants that can do useful tasks for people, and corporate customers have been itching to train chatbots on their own data. To be fair, OpenAI’s bots aren’t particularly dangerous.

Persons: ”, Mocktail, won’t, — doomers, Sam Altman, ” chatbot Organizations: AI Safety Locations: San Francisco

☆ AI could steal over 80 million jobs in the next 5 years, but these experts share how to adapt before it's too late
▼ + stars: | 2023-11-08 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +4 min

The World Economic Forum recently said generative artificial intelligence could replace 83 million jobs in the next five years within industries including tech and education under threat. Insider talked to a vice president of a data and AI platform, a hiring expert at LinkedIn, and an entrepreneur about three strategies to upskill to AI-proof your career. Karin Kimbrough, LinkedIn's chief economist, told Insider that such skills, including "management, communication, customer service, leadership, and teamwork," were more important to company leaders than AI skills . "Many bumps, turns, and forks you experience while navigating your career will become ever steeper and sharper," he wrote. She said learning how to become a "good prompter" was key to generating helpful responses from the chatbots.

Persons: Karin Kimbrough, LinkedIn's, Read, Junta Nakai, Nakai, Databricks, Jacqueline DeStefano, DeStefano, Tangorra Organizations: Economic, McKinsey, LinkedIn, Omni Business Intelligence Solutions, ChatGPT

☆ The AI gender gap: Why women are more skeptical about AI than men
▼ + stars: | 2023-11-07 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

There's a gap in how men and women perceive AI, a new poll found. The poll adds to a growing body of research that suggests AI will affect the jobs of men and women differently. In fact, 53% of women surveyed said they would ban their kids from using AI altogether, compared to 26% of men. AdvertisementAdvertisementThe findings on the AI gender gap is an addition to a growing body of research that suggests that the AI revolution will affect men and women differently. The gender gap also affects women already in the AI world: AI startups in the UK founded by women raised six times less than those founded by men over the last 10 years.

Persons: —, Axios, Jordan Marlatt, Marlatt, Erin Young, Jacqueline DeStefano, Nicole Cueto Organizations: Service, International Labour Organization, Pew Research Center, Turing Institute, Omni Business Intelligence Solutions

☆ From cocaine-recipe requests to 'a never-ending orgy,' here's how things are going for Elon Musk's rebellious chatbot, Grok
▼ + stars: | 2023-11-07 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk has been playing up the humorous side of his AI chatbot, Grok. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementIt's been a few days since Elon Musk launched his AI chatbot, Grok, which is the latest offering from startup xAI. One example, shared by X employee Christopher Stanley, involved Grok comparing scaling API requests to a "never-ending orgy." Grok can answer "spicy" questions rejected by other AI models and has a "rebellious streak," the company said.

Persons: Elon Musk, —, Christopher Stanley, Musk, Grok Organizations: Service, Elon, X, Google, Microsoft

☆ When AI Denies Your Loan Application, Should You Be Able to Appeal to a Human?
▼ + stars: | 2023-11-06 | by ( Demetria Gallegos | ) www.wsj.com time to read: 1 min

Computer algorithms have long been used to find criminals, set insurance rates and screen mortgage loans. But such applications are more powerful when combined with artificial intelligence, in ways that aren’t always transparent to the people whose lives are changed by the output. In fact, the black box of such computer-assisted evaluation is even bigger and more unfathomable now that machine learning and chatbots handle more of the process. But is that OK?

☆ CNBC Daily Open: A cool jobs report heats up markets
▼ + stars: | 2023-11-06 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Winning weekStocks and bonds in the U.S. rallied in tandem on Friday as markets digested jobs data and rebounded from October lows. Musk's GrokElon Musk's new AI company, xAI, released Grok, a generative artificial intelligence chatbot similar to ChatGPT. But Buffett's company did register a loss of $24.1 billion in the third quarter because of drops in Apple's shares.

Persons: nonfarm, That's, Grok Elon, Grok, Berkshire Hathaway, Stocks, Piper Sandler Organizations: Los Angeles, CNBC, Siemens, India's Siemens Ltd Locations: Los Angeles , California, U.S

It also touted a new version of its AI model called GPT-4 with vision, or GPT-4V, that enables the chatbot to analyze images. ChatGPT has more than 100 million weekly active users and 2 million developers, spread “entirely by word of mouth," Altman said. The conference comes a week after President Joe Biden signed an executive order that will set some of the first U.S. guardrails on AI technology. The order built on voluntary commitments set by the White House that leading AI developers made earlier this year. OpenAI also faces competition from developers of so-called open source models that publicly release their code and other aspects of the system for free.

Persons: ChatGPT, you’ll, ”, Sam Altman, Altman, Alyssa Hwang, Hwang, ” Hwang, OpenAI, DevDay, Joe Biden, Satya Nadella, Nadella, ” Altman, Microsoft's Bing, Bard, Claude, Tesla, Elon Musk, Musk, “ Elon's, Arun Chandrasekaran, Chandrasekaran, Goldman Sachs, — — O'Brien, — Organizations: FRANCISCO, Apple, Honda, University of Pennsylvania, Microsoft, Google, White, Twitter, ”, Associated Press Locations: OpenAI's, San Francisco, U.S, Providence , Rhode Island

☆ No one's been this pumped for a keynote since Steve Jobs launched the iPhone
▼ + stars: | 2023-11-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The buzz among developers is reminiscent of the iPhone and App Store launches. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe AI developer community is so hyped for an upcoming keynote that it's giving Steve Jobs-launches-the-iPhone energy all over again. ChatGPT developer OpenAI is kicking off its first developer conference in San Francisco on Monday, almost a year after releasing the chatbot publicly for free. Ultimately, the App Store changed software development and became a major revenue spinner for Apple.

Persons: —, Steve Jobs, OpenAI, Sam Altman, NCENOGzcq5, 4EjZo7huFQ, Brian Roemmele, Charley Ma, Yasser Elsaid, Altman Organizations: Service, Apple Locations: San Francisco, OpenAI, ChatGPT

☆ CNBC Daily Open: Markets enjoyed early frost in October’s jobs report
▼ + stars: | 2023-11-06 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets reboundStocks and bonds in the U.S. rallied in tandem on Friday as markets digested jobs data and rebounded from October lows. [PRO] Surging semiconductor salesThe semiconductor industry was mired in a supply glut for the most of last year. For one, there was a 13% month on month jump in September's semiconductor sales to $46.9 billion.

Persons: nonfarm, That's, Korea's Kospi, Musk's Grok Elon, Grok, Berkshire Hathaway Organizations: CNBC, KPMG, Citi Locations: U.S, Asia, Pacific

☆ Chatbots May ‘Hallucinate’ More Often Than Many Realize
▼ + stars: | 2023-11-06 | by ( Cade Metz | More About Cade Metz | ) www.nytimes.com time to read: +1 min

But most people were slow to realize that this new kind of chatbot often makes things up. When Google introduced a similar chatbot several weeks later, it spewed nonsense about the James Webb telescope. The next day, Microsoft’s new Bing chatbot offered up all sorts of bogus information about the Gap, Mexican nightlife and the singer Billie Eilish. Now a new start-up called Vectara, founded by former Google employees, is trying to figure out how often chatbots veer from the truth. The company’s research estimates that even in situations designed to prevent it from happening, chatbots invent information at least 3 percent of the time — and as high as 27 percent.

Persons: OpenAI, James Webb, Bing chatbot, Billie Eilish, ChatGPT Organizations: Google Locations: San Francisco, Manhattan

☆ Microsoft-backed OpenAI announces GPT-4 Turbo, its most powerful AI yet
▼ + stars: | 2023-11-06 | by ( Hayden Field | ) www.cnbc.com time to read: +7 min

ChatGPT, which broke records as the fastest-growing consumer app in history months after its launch, now has about 100 million weekly active users, OpenAI said Monday. And when it comes to GPT-5, Altman told reporters, "We want to do it, but we don't have a timeline." GPT-4 Turbo can. While earlier versions limited you to about 3,000 words, the GPT-4 Turbo accepts inputs of up to 300 pages in length. OpenAI said GPT-4 Turbo is available in preview for developers now and will be released to all in the coming weeks.

Persons: Sam Altman, Altman, Justin Sullivan, OpenAI, It's, Mira Murati, Satya Nadella, Nadella, Andreessen Horowitz, GPT, it's, Tony Stark's J.A.R.V.I.S, Pam, Anthropic's Claude, chatbot Organizations: Google, Fortune, Microsoft, Sequoia Capital, Bowl, Marvel, Smart Locations: San Francisco , California, OpenAI

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