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Andrew Ng, formerly of Google Brain, said Big Tech is exaggerating the risk of AI wiping out humans. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementSome of the biggest figures in artificial intelligence are publicly arguing whether AI is really an extinction risk, after AI scientist Andrew Ng said such claims were a cynical play by Big Tech. Andew Ng , a cofounder of Google Brain, suggested to The Australian Financial Review that Big Tech was seeking to inflate fears around AI for its own benefit. — Geoffrey Hinton (@geoffreyhinton) October 31, 2023Meta's chief AI scientist Yann LeCun , also known as an AI godfather for his work with Hinton, sided with Ng.
Persons: Andrew Ng, OpenAI's Sam Altman, , Andew Ng, Ng, It's, Elon Musk, Sam Altman, DeepMind, Demis Hassabis, Googler Geoffrey Hinton, Yoshua, godfathers, — Geoffrey Hinton, Yann LeCun, Hinton, LeCun, Meredith Whittaker, Whittaker Organizations: Google, Big Tech, AI's, Service, Australian Financial Locations: Hinton, British, Canadian, @geoffreyhinton
Many are shrugging off the supposed existential risks of AI, labeling them a distraction. They argue big tech companies are using the fears to protect their own interests. The timing of the pushback, ahead of the UK's AI safety summit and following Biden's recent executive order on AI, is also significant. More experts are warning that governments' preoccupation with the existential risks of AI is taking priority over the more immediate threats. Merve Hickok, the president of the Center for AI and Digital Policy, raised similar concerns about the UK AI safety summit's emphasis on existential risk.
Persons: , You've, there's, Yann LeCun, Altman, Hassabis, LeCun, LeCun's, OpenAI's Sam Altman, Anthropic's Dario Amodei, Andrew Ng, hasn't, Anthropic, Aidan Gomez, Merve Hickok, Hickok, Rishi Sunak, Michelle Donelan Organizations: Service, Google, CNBC, Stanford University, Australian Financial, Guardian, Center, AI
The UK's AI summit is underway. Some AI experts and startups say they've been frozen out in favor of bigger tech companies. They warn that the "closed door" event risks ensuring that AI is dominated by select companies. The UK's AI summit aims to bring together AI experts, tech bosses, and world leaders to discuss the risks of AI and find ways to regulate the new technology. "It is far from certain whether the AI summit will have any lasting impact," Ekaterina Almasque, a general partner at European venture capital firm OpenOcean, which invests in AI, told Insider.
Persons: Elon Musk, Sam Altman, , OpenAI's Sam Altman, Brad Smith, Kamala Harris, Iris Ai, Victor Botev, Yann LeCun, Rishi Sunak, Ekaterina Almasque, Almasque, Goldman Sachs Organizations: Service, OpenAI's, Microsoft, Twitter, UK, Big Tech, UK government's Department for Science, Innovation, Technology, UK's Trades Union Congress, American Federation of Labor, Industrial Organizations, Summit Locations: OpenOcean
Meta's Yann LeCun thinks tech bosses' bleak comments on AI risks could do more harm than good. Thanks to @RishiSunak & @vonderleyen for realizing that AI xrisk arguments from Turing, Hinton, Bengio, Russell, Altman, Hassabis & Amodei can't be refuted with snark and corporate lobbying alone. https://t.co/Zv1rvOA3Zz — Max Tegmark (@tegmark) October 29, 2023LeCun says founder fretting is just lobbyingSince the launch of ChatGPT , AI's power players have become major public figures. The focus on hypothetical dangers also divert attention away from the boring-but-important question of how AI development actually takes shape. For LeCun, keeping AI development closed is a real reason for alarm.
Persons: Meta's Yann LeCun, , Yann LeCun, Sam Altman, Anthropic's Dario Amodei, Altman, Hassabis, LeCun, Amodei, LeCun's, Max Tegmark, Turing, Hinton, Russell, Tegmark, I'd, fretting, Elon Musk, OpenAI's, OpenAI Organizations: Service, Google, Hassabis, Research, Meta Locations: Bengio, West Coast, China
Humane, an AI startup founded by two ex-Apple designers, is set to release its AI Pin next month. The screen-free AI Pin is being marketed as an AI-powered personal assistant, and will run GPT-4. AdvertisementAdvertisementThe highly-anticipated "Ai Pin" by Humane is set to release on November 9, and more details are coming out about the device ahead of its full unveiling. runway models wearing Humane's AI pin during Paris Fashion Week Getty ImagesHumane's impending release of its Ai Pin comes as tech companies race to build AI-powered devices and cash in on the AI hype. Apple's former design chief and OpenAI's Sam Altman are also reportedly building an AI hardware device together.
Persons: , — Imran Chaudhri, Bethany Bongiorno —, Ai, Chaudhri, OpenAI's Sam Altman, Altman Organizations: Apple, Service, TED, Paris, Meta Locations: Paris
Insider Today: You should buy a house now
  + stars: | 2023-10-23 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +6 min
AdvertisementAdvertisementIn today's big story, we're looking at why it's a good time to buy a house. RichLegg/Getty ImagesIt's a pretty terrible time to buy a house these days, which is why it's a good time to buy a house. AdvertisementAdvertisementInsider's Jennifer Sor detailed why it's a good time to buy a house. Part of the issue is that mortgage rates won't magically drop overnight. The Insider Today team: Dan DeFrancesco, senior editor and anchor, in New York City.
Persons: OpenAI's Sam Altman, Jennifer Sor, Jacob Zinkula, they're, that's, Gen Zers, who's, it's, Doug Haynes, Haynes, Steve Cohen's Point72, Leon Cooperman isn't, Arantza Pena Popo, carmakers, EVs, Tyler Le, Satya Nadella, Mathias Döpfner, Axel Springer, Jensen Huang, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: FBI, RichLegg, Norias Research, Investments, Ameriprise, Insurance, Microsoft, Activision Blizzard, Nvidia, ZTE Corp, Philips, NBA Locations: West Palm Beach, Fla, Tokyo, Oklahoma City, New York City, San Diego, London, New York
OpenAI CEO Sam Altman said he had "deep misgivings" about friendships with AI. "We named it ChatGPT and not a person's name very intentionally," he said during WSJ's Tech Live event on Tuesday. AdvertisementAdvertisementOpenAI CEO Sam Altman has misgivings about friendships between humans and AI. AdvertisementAdvertisementAltman's comments come amid a growing number of AI companies putting out chatbots with human-like personality and friendliness as a key feature. When AI startup Replika disabled their chatbots' "erotic role-play" feature, it caused an uproar among users who felt their AI companions had been "lobotomized."
Persons: Sam Altman, Altman's, , Altman, Joanna Stern, Claude, Character.AI's, Kendall Jenner, Chris Cox, Altman isn't, Insider's Rob Price, OpenAI Organizations: WSJ's Tech, Service, Tech, Public Citizen Locations: Laguna Beach , California
Lin Murata worked at the business growing up, doing everything from sales to filing paperwork to working the cash register. "My parents, they're very old school, and all the existing solutions were excruciating to use, and we realized there was a real need for a frictionless B2B payments solution," said Lin Murata. It's a tall order to digitize B2B payments — companies ranging from middle-market companies and mom-and-pop shops have been notoriously hard to penetrate and spur technological change. Of the $125 trillion market for global B2B payments, only a fraction of transactions — less than $6 trillion according to Slope's pitch deck — occur online. The latest investment brings Slope's total funding to $187 million, with $62 million in equity and $125 million in debt capital.
Persons: Lawrence Lin Murata, Lin Murata, Alice Deng, Deng, Sam Altman, OpenAI's Sam Altman Organizations: Union Square Ventures, OpenAI's Locations: China, Brazil, Slope's
This AI company wants to help you control your dreams
  + stars: | 2023-10-04 | by ( Hayden Field | ) www.cnbc.com   time to read: +2 min
It's a tech startup building what the company calls the "world's first wearable device for stabilizing lucid dreams." Lucid dreams occur when a person sleeping becomes aware they're dreaming and may be able to control parts of the dream. Humane AI, a company founded in 2017 by former Apple employees, debuted its wearable — the AI Pin — on the runway last week at Paris Fashion Week. And famed iPhone designer Jony Ive and OpenAI's Sam Altman are also reportedly discussing an AI hardware project. The co-founders have the type of lofty dreams typical of a modern-era tech startup, with Wollberg comparing the company to OpenAI.
Persons: Eric Wollberg, Wesley Berry, Wollberg, Berry, Grimes, BoxGroup, Card79, Jony, Sam Altman, Prometheus Organizations: a16z's Scout Fund, Plaid, Elon, Apple, Paris Fashion, Donders Institute for Brain, Radboud University Locations: Netherlands
Elon Musk and Mark Zuckerberg were seated far apart at a closed-door Senate meeting on AI. Also at the meeting were tech executives like Microsoft's Bill Gates and OpenAI's Sam Altman, who've also had their disagreements with Musk. Musk and Zuckerberg have been feuding since 2016, after a SpaceX rocket explosion destroyed Facebook's first satellite. AdvertisementAdvertisementThe relationship between the two men got even more strained when Zuckerberg launched Threads, a text-based social media platform, in July. Musk first challenged Zuckerberg to a cage fight on June 20, and Zuckerberg took the bait a day later.
Persons: Elon Musk, Mark Zuckerberg, Musk, Mark Zuckerberg haven't, Bill Gates, OpenAI's Sam Altman, who've, Zuckerberg, Meta Organizations: Service, Capitol, SpaceX, Twitter, CNBC Locations: Wall, Silicon, Wednesday's
Some of the world's biggest tech leaders gathered in Washington, DC for a closed-door forum on AI. Elon Musk, Mark Zuckerberg, Bill Gates, and other tech leaders all were scheduled to attend. The closed-door forum on Capitol Hill included almost two dozen tech executives, tech advocates, civil rights groups and labor leaders. Tech leaders outlined their views, with each participant getting three minutes to speak on a topic of their choosing. AdvertisementAdvertisementStill, some senators were critical of the private meeting, arguing that tech executives should testify in public.
Persons: Elon Musk, Mark Zuckerberg, Bill Gates, Musk, Chuck Schumer, Meta's Mark Zuckerberg, Tesla, OpenAI's Sam Altman, Schumer, Sen, Mike Rounds, Eric Schmidt, Zuckerberg, Arvind Krishna, Josh Hawley, Hawley, Richard Blumenthal, Conn Organizations: Service, Capitol, Microsoft, Tech, IBM Locations: Washington ,, Wall, Silicon
Merch company Spring has been hit with numerous lawsuits this year. The creator merchandise company Spring has been hit with a slew of lawsuits this year following the sale of its assets, in late 2022, to the software company Amaze. Spring, as a company, still exists but has been effectively defunct since the asset sale. That hasn't stopped the lawsuits against Spring (formerly known as Teespring) from piling up, however. Since January, Spring has been sued by several vendors and business partners, with global shipping company DHL being the latest to sue the company.
Persons: Amaze, Ty Huls, Huls, Spring, et, Broder Bros, It's, Evan Stites, Clayton, Chris Lamontagne, Annelies Jansen, OpenAI's Sam Altman, Jansen, What's, Michael Curtiss Organizations: DHL, Spring, Washington State Department of Revenue, DHL Ecommerce, Inc, Teespring Inc, Trade Credit Insurance Inc, Al, Former Spring, Amaze, Amaze Holding, Amaze Software Inc, Software Locations: Amaze, Teespring, Spring, WilliamsMarston
OpenAI's Sam Altman thinks Silicon Valley no longer has an innovation culture. "Before OpenAI, what was the last really great scientific breakthrough that came out of a Silicon Valley company?" Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. "There used to be great research that happened in companies in Silicon Valley, Xerox PARC being the obvious example. To this, Altman responded by saying Silicon Valley did have a product innovation culture, but he felt it missed the mark on groundbreaking research.
Persons: OpenAI's Sam Altman, Sam Altman, Altman, Nicolai Tangen, I'm, Marc Andreessen, Andreessen, Horowitz, Matt Miller, Altman's OpenAI, ChatGPT, OpenAI Organizations: Service, Xerox PARC, Norges Bank Investment, Sequoia Capital, Biosciences Locations: Wall, Silicon, Silicon Valley, China, California, OpenAI
In securing some of the biggest names in tech, Schumer plans to make a giant splash for the first of what he's dubbed "AI Insight Forums." But when it comes to AI, we cannot be ostriches sticking our heads in the sand." But some have scratched their heads at Schumer's new approach in the Senate, which typically develops major policy legislation through committees of jurisdiction. Schumer has said the committees will work in tandem with the insight forums to develop legislation. And to me, that's a process that you ought to let work," Senate Minority Whip John Thune, R-S.D., a senior member of the Commerce, Science and Transportation Committee, said this summer.
Persons: Elon Musk, Mark Zuckerberg, Chuck Schumer, Zuckerberg, Satya Nadella, Alphabet's Sundar Pichai, OpenAI's Sam Altman, NVIDIA's Jensen Huang, Eric Schmidt, Musk, ChatGPT, Schumer, You've, John Thune Organizations: Capitol, SpaceX, Tesla, Meta, Facebook, Commerce, Science, Transportation Locations: OpenAI, York
The AI startup was recently named by VCs as one of 2023's most promising startups. Thompson named her startup Milo, an acronym for "my important loved ones," and raised some early funding from the accelerator Y Combinator in 2020. "You never hear someone talk about the power of these models to help families," said Brad Lightcap, OpenAI's chief operating officer. On Milo, parents can send text messages of grocery lists, photos of permission slips or sign-up-sheets for school activities to the Milo chatbot. To date, Milo has raised an undisclosed amount of pre-seed and seed capital from Y Combinator, OpenAI, Magnify Ventures, Bronze Ventures, and several angel investors.
Persons: Milo, Avni Patel Thompson, Sam Altman, VCs, Thompson, Mary, Archa Jain, Brad Lightcap, Milo chatbot, Cleo, Sara Ittelson, I'm Organizations: Starbucks, Reebok, Accel, Bronze Ventures Locations: Y
The CEO of Rewind AI made his own 360-degree performance reviews public to be transparent. Some criticized his communication style while others praised his resourcefulness and leadership. The CEO of Andreessen Horowitz-backed startup Rewind AI has taken the unusual step of publicly sharing his own performance reviews in an effort to demonstrate the level of transparency at his company. Dan Siroker, who previously founded A/B testing company Optimizely, posted his last five 360 reviews, which include feedback from colleagues, in a tweet on Thursday. One of the Rewind AI chief's reviews suggested that he needed to change his tone when communicating with workers on Slack.
Persons: Dan Siroker, Andreessen Horowitz, Siroker, Sam Altman, Siroker's, Brett Bejcek, Dan Siroker didn't Organizations: Morning, Siroker, New Enterprise Association Locations: New York
Humanity could be on the brink of making major progress in multiple areas of science. These are artificial intelligence, room-temperature superconductors, and nuclear fusion. A lesson from ChatGPT: people get excited by progress when they understand what it means. It's not a surprising attitude from the man who also said "we wanted flying cars, instead we got 140 characters." Efforts remain underway to replicate a room-temperature superconductor's creation.
Persons: Peter Thiel, Thiel, LLMs, chatbot, Marc Andreessen, OpenAI's Sam Altman, Andreessen Organizations: Milken, Peking University, Times, Milken Institute Locations: Korea, Beijing, Silicon, California, ChatGPT
These are artificial intelligence, room-temperature semiconductors, and nuclear fusion. A lesson from ChatGPT: people get excited by progress when they understand what it means. In South Korea last month, researchers declared the discovery of the world's first room-temperature, ambient pressure superconductor – a rock-like material known as LK-99. But if Andreessen and his ilk want the general public to get excited by nuclear energy and superconductors, they have the answer in their own backyard in ChatGPT. Humans need to see and understand the benefits of progress for themselves.
Persons: Peter Thiel, Thiel, LLMs, chatbot, Marc Andreessen, OpenAI's Sam Altman, Andreessen Organizations: Milken, Peking University, Times, Milken Institute Locations: Korea, Beijing, Silicon, California, ChatGPT
OpenAI's Sam Altman is taking nuclear startup Oklo public through a SPAC expected to close in 2024. The Oklo SPAC deal will mark a watershed moment for the energy source, industry experts told Insider. The public debut of Oklo, a nuclear startup chaired by Sam Altman, could be a watershed moment for the power source, industry experts say. Fission versus fusionThere are two types of nuclear power: fission and fusion. All existing nuclear energy is created via fission, which makes up around 10% of the world's electricity supply, per the International Energy Agency.
Persons: OpenAI's Sam Altman, Altman, Sam Altman, Matthew Honeyben, Douglas Hansen, Luke, we've, " Hansen, Victoria McIvor, SPAC, McIvor Organizations: CMS, CNBC, Planet Capital, International Energy Agency, Energy, Microsoft Locations: Ukraine, France, Germany, SPAC
Worldcoin: OpenAI's Sam Altman launches crypto project
  + stars: | 2023-07-24 | by ( ) edition.cnn.com   time to read: +2 min
Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. Blockchains can store the World IDs in a way that preserves privacy and can’t be controlled or shut down by any single entity, co-founder Alex Blania told Reuters. The project says World IDs will be necessary in the age of generative AI chatbots like ChatGPT, which produce remarkably humanlike language. Altman told Reuters Worldcoin also can help address how the economy will be reshaped by generative AI. Since only real people can have World IDs, it could be used to reduce fraud when deploying UBI.
Persons: Sam Altman, Alex Blania, Altman, Reuters Worldcoin, , ” Altman, UBI Organizations: Humanity, Reuters Locations: San Francisco, Berlin
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin drops to $29,000, and OpenAI's Sam Altman launches Worldcoin: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, William Peck, head of digital assets at WisdomTree, explains the firm's vision for tokenization.
Persons: OpenAI's Sam Altman, explainers, William Peck Organizations: Worldcoin, CNBC Crypto, CNBC
July 24 (Reuters) - Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. Blockchains can store the World IDs in a way that preserves privacy and can't be controlled or shut down by any single entity, co-founder Alex Blania told Reuters. The project says World IDs will be necessary in the age of generative AI chatbots like ChatGPT, which produce remarkably humanlike language. Altman told Reuters Worldcoin also can help address how the economy will be reshaped by generative AI. Since only real people can have World IDs, it could be used to reduce fraud when deploying UBI.
Persons: Sam Altman, Alex Blania, Altman, Reuters Worldcoin, , UBI, Anna Tong, Juby Babu, Elizabeth Howcroft, Kenneth Li, Navaratnam, Philippa Fletcher Organizations: Humanity, Reuters, Thomson Locations: San Francisco, Berlin
While investors have poured billions into AI startups, concern about AI's capabilities has grown. People don't all have the same value systems, so AI alignment can look different depending on where the AI is operated and deployed. Investors poured $29 billion into AI startups in the first six months of 2023. Aligned AI. The drive to fund AI safetyAI researchers are also vigilant about where the funds for AI safety and alignment come from.
Persons: ChatGPT, Stuart Armstrong, Rebecca Gorman, , Gorman, OpenAI's Sam Altman, Demis Hassabis, Bill Gates, Connor Leahy, Leahy, it's, Sam Bankman, Ian Hogarth, Hogarth Organizations: Oxford University, Investors, Alameda Research, FTX Locations: London
This post originally appeared in the Insider Today newsletter. Power players like Apple's Tim Cook and Disney's Bob Iger have descended on Idaho's Sun Valley Lodge for the annual and ultra-exclusive Allen & Co. conference. Allen & Co.'s annual conference in Sun Valley, Idaho, often referred to as "summer camp for billionaires," is a who's who of the biggest players in media and tech. But just because we're not there doesn't mean we can't speculate on what the biggest topics of discussion might be. I talked to Alison Brower, our LA bureau chief, and Alistair Barr, Insider's global tech editor, about what some of the most powerful people are talking about behind closed doors.
Persons: Tim Cook, Bob Iger, Discovery's David Zaslav, OpenAI's Sam Altman, we're, Alison Brower, Alistair Barr Organizations: Allen, Co, Warner Bros, Milken, Sun Locations: Sun Valley , Idaho, Davos
U.S. Vice President Kamala Harris speaks during the Broadband Event at the White House in Washington, D.C., June 26, 2023. "It is a false choice to suggest that we either can advance innovation, or we protect consumers," Harris said. "We should not dampen or in any way slow down innovation that can improve the condition of people's lives," Harris said. The meeting Wednesday includes groups that advocate on behalf of specific populations or on digital rights issues. Harris said the group would discuss transparency in AI, so the public can understand what is going into these systems and how they make decisions.
Persons: Kamala Harris, Harris, Alexandra Reeve Givens, Technology Harlan Yu, Janet Murguia, UnidosUS Jo Ann Jenkins, Lisa Rice, Liz Shuler, Mary Anne Franks, Wiley, Sneha Revanur, Susan Henderson, Chuck Schumer, Sam Altman Organizations: White, Washington , D.C, White House, for Democracy, Technology, Fair Housing, AFL, Cyber Civil, Conference, Civil, Rights Education, Defense, Microsoft, Google Locations: Washington ,, U.S
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