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☆ Alphabet to report second-quarter results after the bell
▼ + stars: | 2023-07-25 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

Alphabet will report second-quarter earnings after the close of regular trading on Tuesday. Revenue: $72.82 billion, according to Refinitiv. $72.82 billion, according to Refinitiv. $7.87 billion, according to StreetAccount. Google Cloud, which competes with infrastructure offerings from Amazon and Microsoft , is expected to report growth of 25%.

Persons: Bard, —, Sundar Pichai's Organizations: Google, CNBC, Big Tech, Microsoft, Workers Locations: Refinitiv

☆ Inside Adobe, some staff worry their AI tech will kill graphic designer jobs and undermine the company's business model: 'Is this what we want?'
▼ + stars: | 2023-07-25 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

Adobe employees worry their AI technology could kill graphic designer jobs. Adobe AI tools make it easy to add new graphic elements or edit photos with text prompts. Inside Adobe, there's a debate raging over new AI technology that threatens to kill jobs among a key group of customers and potentially undermine the company's business model. The response from some Adobe employees has been less enthusiastic, according to internal messages viewed by Insider and interviews with employees. the person wrote.

Persons: Slack, Goldman Sachs, didn't, Brent Thill, David Wadhwani, Adobe, Bernstein, Eugene Kim Organizations: Adobe, Employees, Jefferies, Microsoft

keep Big Tech booming? Nasdaq futures are up on Tuesday morning, ahead of a Big Tech earnings bonanza that kicks off when Microsoft and Alphabet report second-quarter results after the closing bell. Mike Wilson, Morgan Stanley’s chief U.S. equity strategist, apologized to clients on Monday, writing that his pessimistic stock market calls failed to spot the surge in A.I.-related stocks. On the other hand, Marko Kolanovic, JPMorgan Chase’s chief market strategist, is unconvinced that tech fervor will help the markets avoid a sharp decline this year. All eyes will be on Microsoft and Alphabet, which are at the forefront of commercializing generative A.I., the technology behind chatbots like ChatGPT that have captured the public’s imagination.

Persons: Mike Wilson, Morgan Stanley’s, Marko Kolanovic, — Organizations: Big Tech, Nasdaq, Microsoft, Nvidia, Citigroup, JPMorgan Chase’s, Google

☆ Google points to many ways it can win in A.I. even as online ad market shows cracks
▼ + stars: | 2023-07-25 | by ( Jennifer Elias | ) www.cnbc.com time to read: +4 min

Google's revenue rose 7% to $74.6 billion from $69.7 billion in the year-earlier period, topping analysts' estimates. Google's ad revenue only increased 3.3% from a year earlier, but that's an improvement from the first quarter, when ad revenue fell. Search revenue, which makes up the majority of Google's ad business, also saw steady growth. AI companies are flocking to Google's cloud technology so they can run the compute-heavy projects that are only available in a few places. Google's cloud business, which turned profitable in the first quarter, saw revenue increase 28% in the second quarter to $8 billion, topping analysts' estimates.

Persons: Snap's, Michael Nathanson, Moffett Nathanson, Bing, Sundar Pichai, Pichai, we'd, Dan Ives Organizations: Microsoft, Google, Amazon Web Services Locations: OpenAI

☆ 4 prompts to get your chatbot to fact-check itself and not make things up
▼ + stars: | 2023-07-24 | by ( Callum Bains | ) www.businessinsider.com time to read: +6 min

A journalist breaks down the prompts he uses to identify errors Google Bard introduces. They include telling the bot to list the facts it relied on or to explain its thinking step-by-step. No matter how specific your prompts are, it will occasionally cite made-up sources and introduce outright errors. By using a few carefully honed prompts, I can identify and deal with any inaccuracies at a glance. Sure, I still need to manually verify whatever Bard spits out, but these four prompts help me fact-check quickly, saving me time by making the artificial intelligence do the heavy lifting.

Persons: Bard, loathes, I've, Google's Bard, it's, Bard doesn't

☆ Citi stays positive on A.I. theme and lays out the key to finding winning stocks
▼ + stars: | 2023-07-24 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

"In sum, our message is not to be overly deterred by the significant year-to-date move in profitable AI stocks," the bank said in a Friday note to clients. Citi expects many names to meet accelerated growth expectations and views free cash flows as "increasingly compelling." Given this setup, Citi screened for AI-related stocks expected to outpace market growth expectations and experience an uptick in free cash flow margins. Consensus estimates peg long-term growth at more than 17%, with a near-term free cash flow margin of nearly 24%. Mastercard offers the greatest near-term free cash flow yield of the group, at 48.4%.

Persons: Andy Jassy soothed, Bard, ServiceNow, — CNBC's Michael Bloom Organizations: Citigroup, Nvidia, Citi, CNBC, Amazon, Amazon Web Services, Microsoft, Mastercard, Ford

☆ A sci-fi magazine editor says his team are sent so many 'consistently bad' AI-generated articles that their workload has almost doubled
▼ + stars: | 2023-07-24 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

A magazine editor told CNN his team struggled to review the huge volume of articles generated by AI. Employees at a small sci-fi and fantasy publication say new AI-powered tools are making their jobs harder. He said his team's workloads had almost doubled and they'd struggled to review a stream of "consistently bad" AI-generated content. However, AI-powered tools come with various issues, including a tendency to invent or "hallucinate" facts. Technology publication CNET was forced to issue a string of corrections on several articles after errors were discovered in its AI-generated articles.

Persons: Neil Clarke, workloads, they'd, Clarke Organizations: CNN, Employees, Technology, CNET

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

☆ 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

☆ Here's 3 ways to get ChatGPT to write better code, according to experts
▼ + stars: | 2023-07-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Insider spoke to several experts to get their tips for generating better code with ChatGPT. The AI-powered chatbot's ability to write impressive code has freaked out programmers and caught the attention of some tech CEOs. Insider spoke to several computer science experts and tech workers who've created software with ChatGPT to get their advice for generating better code. Assign ChatGPT a roleGiving ChatGPT a specific persona can help it understand what a user wants. Brush up on the basicsNo matter how specific users keep their prompts, language can still be ambiguous.

Persons: OpenAI's ChatGPT, who've, ChatGPT, Ammaar, who's, it's, Reshi, Neil Ernst, Ernst, Jason Gulya, Emery Berger, Berger Organizations: Morning, University of Victoria, Berkeley College, University of Massachusetts Amherst

☆ Co-Star has a new astrology machine that answers questions with ChatGPT. I tried it — and see how it's the future.
▼ + stars: | 2023-07-22 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Astrology app Co-Star developed a machine that uses AI to answer questions based on user's birth chart. Here's my experience trying Co-Star's new astrology machine. The machine was developed and installed by Co-Star, a buzzy astrology app that launched in 2017 (not to be confused with the commercial real estate group with a similar name). The main function of the machine is to generate answers to open-ended questions according to a user's astrological chart. In order to answer these speculative questions, it draws upon large language models like GPT-3, and chatbots like ChatGPT, along with other technologies.

Organizations: Star, Co Locations: LA, Manhattan

The White House brokers an A.I. The commitments are voluntary, but industry watchers see the move as an important first step toward protecting consumers and businesses. The White House wants the companies to commit to “responsible” development. The White House said it would work with overseas allies, including Britain, Germany, Japan and South Korea, to develop common groundwork on A.I. It comes as China is developing its own guidelines for A.I.

Persons: Biden, White, “ Organizations: White House, Microsoft, Google, White Locations: Britain, Germany, Japan, South Korea, China

☆ Want to know how to get ready for the rise of AI? Dig into the past.
▼ + stars: | 2023-07-20 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

It's why top researchers are looking to the past as a guide to predict how generative AI could affect workers' jobs in the years and decades to come. "It's possible that in the end, we get better jobs, but in the short term, there's a lot of disruption," Mollick said. But Raymond warned that AI could produce some less-desirable outcomes for customer-service workers, particularly if customer-support chatbots become much more capable and advanced. The extent to which AI displaces jobs will depend on how quickly it scales what Mollick calls the "three levels" of work: tasks, jobs, and systems. Instead, what I would be thinking about is: How do you figure out how to use it to do your job better?"

Persons: Ethan Mollick, Mollick, Carl Benedikt Frey —, Frey, Lindsey Raymond —, —, Raymond, that's, chatbots, Oded, There's Organizations: Service, University of Pennsylvania's Wharton School, MIT Sloan School of Management, White, National Bureau of Economic Research Locations: Wall, Silicon, Oxford, COVID, Columbia

☆ We’re Using A.I. Chatbots Wrong. Here’s How to Direct Them.
▼ + stars: | 2023-07-20 | by ( Brian X. Chen | More About Brian X. Chen | ) www.nytimes.com time to read: +1 min

Anyone seduced by A.I.-powered chatbots like ChatGPT and Bard — wow, they can write essays and recipes! — eventually runs into what are known as hallucinations, the tendency for artificial intelligence to fabricate information. The chatbots, which guess what to say based on information obtained from all over the internet, can’t help but get things wrong. Yet as mainstream tech tools continue to integrate A.I., it’s crucial to get a handle on how to use it to serve us. But when directed to use information from trusted sources, such as credible websites and research papers, A.I.

Persons: A.I

☆ Apple is reportedly developing 'Apple GPT.' It's likely ChatGPT's next big competitor.
▼ + stars: | 2023-07-19 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Apple is reportedly working on new artificial-intelligence tools, Bloomberg first reported. Some people at the company are dubbing the new chatbot "Apple GPT," Bloomberg said. Apple has finished working on a foundation for its large language models — the systems that power conversational AI tech — that it calls "Ajax," Bloomberg reported. It will affect every product and every service that we have," Apple CEO Cook said during a February earnings call. So far, Apple has integrated AI into features like "fall detection" found on some Apple Watch Models, and "crash detection" on specific Apple Devices — tools Cook has said are keeping people safe.

Persons: Bloomberg, OpenAI's, Google's Bard, Tim Cook, Cook, people's, Michael Gartenberg, Apple, Siri, laggard, Gartenberg Organizations: Apple, Bloomberg, Morning, Ajax, Google, Microsoft, Investors

☆ Why waiting for A.I. laws, regulations from government could be a catastrophic mistake
▼ + stars: | 2023-07-19 | by ( Mikaela Cohen | ) www.cnbc.com time to read: +8 min

Sam Altman, chief executive officer of OpenAI, parent company of ChatGPT, warns AI poses risk of human extinction, and Geoffrey Hinton, known as the "godfather of AI," cautions that AI can bring a dangerous future. These AI leaders and others support intervention from the federal government and other industry leaders before AI proliferates throughout society. With rapid growth, Palmer said companies of all sizes need to track AI efforts and disclose the information publicly. After a company has established metrics for tracking AI, or even while it's figuring that out, companies need to do a risk assessment for AI, Palmer said. "Within most companies, AI doesn't have an owner," Palmer said.

Persons: Sam Altman, Geoffrey Hinton, Altman, Asha Palmer, Palmer, Genies, Akash Nigam, Nigam, we've, ChatGPT, François, Candelon, Let's Organizations: OpenAI, CNBC, Google, Microsoft, Samsung, Organization for Economic Cooperation, IT, Boston Consulting Group's Henderson Institute Locations: Washington , DC, OpenAI, Japan

☆ Microsoft unveils more secure AI-powered Bing Chat for businesses to ensure ‘data doesn’t leak’
▼ + stars: | 2023-07-18 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +4 min

CNN —Microsoft on Tuesday announced a more secure version of its AI-powered Bing specifically for businesses and designed to assure professionals they can safely share potentially sensitive information with a chatbot. With Bing Chat Enterprise, the user’s chat data will not be saved, sent to Microsoft’s servers or used to train the AI models, according to the company. Microsoft also said Tuesday that it will add visual searches to its existing AI-powered Bing Chat tool. Bing Chat Enterprise will be free for all of its 160 million Microsoft 365 subscribers starting on Tuesday, if a company’s IT department manually turns on the tool. Microsoft, which uses OpenAI's technology to power its Bing chat, said workers can now have "complete confidence" their data "won't be leaked" outside of the company.

Persons: Bing, ” Yusuf Mehdi, “, ChatGPT, JPMorgan Chase, OpenAI, ” OpenAI, Mehdi Organizations: CNN, Microsoft, JPMorgan, Bing, Bing Chat Locations: Italy

☆ Wikipedia’s Moment of Truth
▼ + stars: | 2023-07-18 | by ( Jon Gertner | ) www.nytimes.com time to read: +4 min

At the moment, it goes against the grain to bet against A.I. The big tech companies, wagering billions on the new technologies and largely undaunted by their shortcomings or risks, seem intent on forging ahead as fast as they can. While Wikipedia’s licensing policy lets anyone tap its knowledge and text — to “reuse and remix” it however they might like — it does have several conditions. Mixing Wikipedia’s corpus into a chatbot model that gives answers to queries without explaining the sourcing may thus violate Wikipedia’s terms of use, two people in the open-source software community told me. In April, Reddit announced that it would not make its corpus available for scraping by big tech companies without compensation.

Persons: Theo, Joseph Reagle, Reagle, Reddit, Nicholas Vincent, Selena Deckelmann, Vincent, ‘, ’ Organizations: Northeastern University, A.I, Getty, Wikimedia Foundation, Google Locations: TikTok, California

☆ People are turning to AI chatbots for romantic relationships behind their partners' backs — but many don't consider it cheating
▼ + stars: | 2023-07-18 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Users of the Replika app can't seem to agree on whether AI romances count as cheating. Is having a romantic relationship with an AI behind your partner's back cheating? Users of the AI chatbot app, Replika, can't seem to agree on an answer. The platform is not always used for romantic relationships, but it's known for some of its romantic features, including a paid-for version that lets users receive intimate pictures of AI partners. The question of whether the romantic relationships formed on Replika count as cheating, however, has led to several heated debates on the app's dedicated Reddit board.

Persons: Replika Organizations: Luka

☆ Microsoft's Bing Chat A.I. bot now lets you search using images
▼ + stars: | 2023-07-18 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Users can now take or upload a photo to Bing Chat and ask for more information on it through the desktop or Bing apps. "Bing can understand the context of an image, interpret it, and answer questions about it," Microsoft wrote in a release. The update comes as the AI arms race heats up among chatbot leaders like Microsoft, Google , OpenAI and Anthropic. In the effort to develop the most advanced generative AI, tech giants are quickly launching new features, aiming to keep up with not only their text-based chatbot competitors, but also image-heavy AI tools. Microsoft's decision to allow images for Bing Chat follows Google's recent debut of an image search feature for Bard, its AI chatbot.

Persons: Bing, Bard, OpenAI's ChatGPT, Anthropic's chatbot, Claude Organizations: Microsoft, Google, chatbots

In the past few months, the technology has made ads easier to generate and track. It is writing marketing emails with subject lines and delivery times tailored to specific subscribers. Much has been made about the technology’s potential to limit the need for human workers in fields such as law and financial services. The conflicting attitudes suffused a co-working space in downtown San Francisco where more than 200 people gathered last week for an “A.I. Copywriters expressed worry and skepticism about chatbots capable of writing ad campaigns, while start-up founders pitched A.I.

Persons: Heinz, ” A.I, Copywriters Locations: San Francisco

The company also said it would make a more secure version of its Bing search engine available immediately to businesses, aiming to address their data-protection concerns, grow their interest in AI and compete more with Google. The voluntary upgrade is on top of publicly listed, monthly plans ranging from $12.50 per user to $57, meaning the copilot could triple costs for some Microsoft customers. Unlike the public Bing that millions of web surfers have accessed in recent months, the enterprise version will not allow any viewing or saving of user data to train underlying technology. Asked if Bing users were unprotected until now, Spataro said Microsoft had made its privacy policies clear and was eager to bring AI to consumers. It may also draw customers to Microsoft 365 Copilot, an AI upgrade giving access to business data and compliance controls.

Persons: Jared Spataro, Spataro, Bing, Jeffrey Dastin, Stephen Coates Organizations: Microsoft, Google, Bing Chat, Thomson Locations: copilot, Palo Alto, Calif

☆ The U.S. Must Look Past Chips and A.I. to Compete Against China - The New York Times
▼ + stars: | 2023-07-16 | by ( Dan Wang | ) www.nytimes.com time to read: +2 min

And while there’s no denying the potential significance of large language models, it remains far from obvious that America’s mastery of A.I. While China has suffered serious setbacks in chip production, its companies are vaulting ahead in other sectors. Industry estimates put Chinese companies at owning around 80 percent of the supply chain for solar manufacturing. The passage of the Inflation Reduction Act will help build up domestic production capacity in solar and in car batteries. China produces much of the supply of active pharmaceutical ingredients, and American manufacturers had trouble making masks and cotton swabs early in the pandemic.

Persons: Jake Sullivan, it’s Organizations: Communist Party, Industry Locations: U.S, China, Beijing, United States, Japan

That has set off a hunt by tech companies for even more data to feed their A.I. But it was not well understood or seen as especially problematic by the companies that owned the data. “What’s happening here is a fundamental realignment of the value of data,” said Brandon Duderstadt, the founder and chief executive of Nomic, an A.I. “Previously, the thought was that you got value from data by making it open to everyone and running ads. But as the era of easy-to-scrape content comes to a close, smaller A.I.

Persons: OpenAI’s, ChatGPT, ”, Brandon Duderstadt Organizations: Google, Microsoft Locations: upstarts

☆ Here's 9 ways to turn ChatGPT Plus into your personal data analyst with the new Code Interpreter plug-in
▼ + stars: | 2023-07-15 | by ( Aaron Mok | Gabriel Rivera | ) www.businessinsider.com time to read: +8 min

Here's 9 ways ChatGPT Plus users have used Code Interpreter, from data analysis to game creation. Last week, OpenAI launched a beta version of its plug-in called Code Interpreter to users of ChatGPT Plus, which costs $20 a month. Thanks to the new plug-in, users may now be able to turn ChatGPT into their own personal data analyst. After that, Ker found open source code to help Code Interpreter devise a version of the game. Analyze playlistsWith Code Interpreter, there may be no need to wait all year for your Spotify Wrapped playlist.

Persons: OpenAI, Ethan Mollick, there'd, Mollick, Alex Ker, Ker, Greg Howe, Jason Gulya, Drake Surach, —, Surach, Kris Kashtanova, ChatGPT, Salma Aboukar, Midjourney, Wharton, — Salma Aboukar, Rick Astley Organizations: LinkedIn, ChatGPT, Twitter, University of Pennsylvania's Wharton School of Business, Berkeley College, YouTube

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