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☆ Sam Altman is AI's compelling preacher. The world is ready to bow down.
▼ + stars: | 2023-06-24 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Sam Altman is a man on a mission: Sell the world on AI. Insider spoke to people who met or saw Altman during his tour, who say the CEO was a convincing preacher. Sam Altman knows he's at an inflection point. On June 9, at a fireside chat in Seoul, Korea, the OpenAI CEO acknowledged he was on a "diplomatic mission." "Sam replied that he did not know and asked the student to tell him in ten years," Mathew said.

Persons: Sam Altman, Altman, Isaac Herzog, He's, Narendra Modi, Yoon Suk, Emmanuel Macron, Rishi Sunak, ChatGPT, Varshal Gupta, Gupta, OpenAI, Sam, Frances, …, Jacob Mathew, Mathew, Felfoul Organizations: Knights, Innovation, Google, Health, OpenAI, Qatar National Library, European Union, EU, WISE Locations: Seoul, Korea, Israel, Jordan, Qatar, UAE, India, Tel Aviv, South Korea, France, Delhi, Doha, European

☆ ChatGPT probably won’t help you beat the stock market—but it can assist investors in other ways, says CFP
▼ + stars: | 2023-06-23 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

But letting AI build your portfolio probably isn't the best investment strategy anyway. Boneparth himself put ChatGPT's financial acumen to the test and says the results weren't great. After informing ChatGPT of this, it tried to correct the error but didn't necessarily pull the right information, he says. However, Boneparth says he was impressed by how close ChatGPT came to achieving what he asked. People who use AI tools like ChatGPT for financial advice may misunderstand the current capabilities and limitations of these tools.

Persons: Gen Zers, Douglas Boneparth, Boneparth, ChatGPT, hasn't Organizations: CNBC

☆ Why traditional outsourcing is becoming obsolete as AI continues to evolve
▼ + stars: | 2023-06-23 | by ( Sponsor Post | Created Jampro With Insider Studios | ) www.businessinsider.com time to read: +4 min

But as process automation increases, there's a very real threat that outsourcing companies will gradually lose this original cost advantage: Robots can do it cheaper. Most significantly, third-party digital services providers are now using AI to augment the workforce, allowing employees to focus on higher-value tasks. Clearly, AI is accelerating a transition from low value-added, volume-driven digital services to more sought-after, complex, and creative higher-level digital services such as Knowledge Process Outsourcing and Information Technology Outsourcing. Digital services outsourcing just got better, and AI is responsible. Learn more about the global digital services sector in Jamaica.

Persons: Statista Organizations: Outsourcing, Information Technology Outsourcing, Insider Studios Locations: Jamaica

☆ Morgan Stanley says A.I. in China is at an inflection point — and names 3 stocks to play it
▼ + stars: | 2023-06-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

China's artificial intelligence evolution is at an "inflection point" — and the country is catching up with the U.S., according to Morgan Stanley. Morgan Stanley, in a separate note, flagged Baidu in particular as the best AI play in China, and the "most obvious beneficiary" of the $7.4 trillion AI opportunity in China. Baidu, China's largest search engine, owns the most extensive proprietary search data — and it's essential for the development of AI-generated content, Morgan Stanley noted. Morgan Stanley predicts that growth will be close to 50% in the next three to five years. Morgan Stanley gave Baidu a target price of $190, or 35% potential upside.

Persons: Morgan Stanley, Alibaba, Tencent, Ernie, — CNBC's Michael Bloom Organizations: U.S, Stock, Baidu Locations: China, United States

☆ Marketing teams are using AI to generate content, boost SEO, and develop branding to help save time and money, study finds
▼ + stars: | 2023-06-21 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Dozens of companies are using AI tools to enhance their marketing strategies, a Bynder study found. Clients are also using AI to optimize their content, improve spelling and grammar, and paraphrase information, according to the study. As a result, marketing teams have gotten the tech to brainstorm ideas, come up with grabby hooks, and complete research tasks. Marketing teams are even deploying AI by having the tech repurpose content and develop the voice of their companies' brand. High-level executives agree that AI can boost a marketing team's bottom line.

Persons: Bynder, Peggy Dean, Jacqueline DeStefano, Jonathan Adashek, Adashek, Warren Daniels Organizations: Morning, Spotify, Canon, Puma, IBM Locations: Bynder

☆ SoftBank’s Masayoshi Son Shifts to ‘Offense’ in A.I. Race
▼ + stars: | 2023-06-21 | by ( Michael J. De La Merced | ) www.nytimes.com time to read: +1 min

For months, Masayoshi Son, SoftBank’s voluble founder and chief executive, kept quiet as his tech conglomerate has struggled with huge investment losses. But as the world races to embrace artificial intelligence — something that has long fascinated him — Mr. Son used his company’s annual shareholder meeting on Wednesday to publicly, and memorably, restate his commitment to becoming a leader in the cutting-edge technology. Son told investors and analysts, adding: “I want SoftBank to lead the A.I. — the SoftBank chief began by asking, “What is mankind?”The answer, apparently, is something that can benefit from the technology behind chatbots, which has already spurred an investment boom.

Persons: Masayoshi, SoftBank’s, Son, Mr Organizations: Vision

SAN FRANCISCO, June 20 (Reuters) - The risks of artificial intelligence to national security and the economy need to be addressed, U.S. President Joe Biden said on Tuesday, adding he would seek expert advice. "My administration is committed to safeguarding Americans' rights and safety while protecting privacy, to addressing bias and misinformation, to making sure AI systems are safe before they are released," Biden said at an event in San Francisco. Biden met a group of civil society leaders and advocates, who have previously criticized the influence of major tech companies, to discuss artificial intelligence. Biden has also recently discussed the issue of AI with other world leaders, including British Prime Minister Rishi Sunak whose government will later this year hold a first global summit on artificial intelligence safety. Biden is expected to discuss the topic with Indian Prime Minister Narendra Modi during his ongoing U.S. visit.

Persons: Joe Biden, Biden, Tristan Harris, Joy Buolamwini, Rob Reich, Rishi Sunak, Narendra Modi, Trevor Hunnicutt, Kanishka Singh, Chris Reese, Alistair Bell, Matthew Lewis Organizations: FRANCISCO, Center for Humane Technology, Stanford University, Regulators, British, Indian, European Union, European Commission, Thomson Locations: San Francisco, U.S

☆ HPE to offer cloud computing service for artificial intelligence
▼ + stars: | 2023-06-20 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

June 20 (Reuters) - Hewlett Packard Enterprise Co (HPE) (HPE.N) on Tuesday said that it is rolling out a cloud computing service designed to power artificial intelligence systems similar to ChatGPT. That shift toward AI is shaking up the cloud computing market because data centers must be built very differently to handle such work. In a typical cloud computing data center, software is used to chop up a single physical server into many smaller "virtual" machines that can then be rented out to customers. But data centers for artificial intelligence take an opposite approach. Justin Hotard, executive vice president and general manager of HPE's high-performance computing and artificial intelligence unit, said the company will use its experience in supercomputers to offer a service specifically for what are called large language models, the technology behind services like ChatGPT.

Persons: HPE, Justin Hotard, Hotard, Stephen Nellis, Franklin Paul Organizations: Hewlett Packard Enterprise Co, Microsoft Corp, Google, Frontier, National Laboratory, Franklin Paul Our, Thomson Locations: North America, Europe, United States, San Francisco

☆ In MMOs Like Old School RuneScape Scammers Use ChatGPT to Fuel Bots
▼ + stars: | 2023-06-20 | by ( Evan Malmgren | ) www.businessinsider.com time to read: +11 min

But the bots using ChatGPT began to rapidly improve, and SirPugger realized the automated players would soon become almost indistinguishable from human players. In some cases, these AI-powered bots seemed to commiserate with real players, even complaining about the overabundance of bots. At the same time, bot scripts could eventually enhance rather than detract from the social aspects of online games. Online shooters like "PUBG" and "Fortnite" already populate their multiplayer lobbies with AI bots, but the social emphasis of MMOs means that they are uniquely well positioned to reap the prospective benefits of chatbot integration. Worlds would appear to become more populous, and though "real" players might still be cheated out of leaderboard slots, they wouldn't necessarily know it.

Persons: Jagex, SirPugger, Joe, Bots, countermoves, OpenAI, botters, Ted Chiang, Mark Zuckerberg's, Kylan Gibbs, Gibbs, Evan Malmgren Organizations: Studios, Inworld, AI Locations: British, botters, MMOs

☆ 10 Things in Tech: Google tells employees not to give AI chatbots confidential information, the rise of the ‘anti-work girlboss,’ and 31 rising stars of Los Angeles investing
▼ + stars: | 2023-06-20 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Mark Zuckerberg at Facebook's first ever Meta Store Facebook/Meta1. The first "Meta Store" opened last year in Northern California and was designed to increase interest in Meta's VR headsets. Although a second store was in the works, someone familiar with the matter said that those plans faltered after slowed revenue. Google tells employees not to put confidential info into AI chatbots — including its own Bard. Reddit CEO Steve Huffman said subreddit mods have too much power.

Persons: I'm, Siu, Zers, haven't, Jordan Hart, Mark Zuckerberg, Facebook's, Martin Gilliard, hasn't, Kali Hays, chatbots, Steve Huffman, Mudassir Sheikha, Ron DeSantis, Thiep Van Nguyen, Lionel Richie, Diamond Naga Siu, Alistair Barr, Hallam Bullock Organizations: Meta, VR, Big Tech, Google, Tech, Tesla, Gov, Puget Sound Naval Shipyard, Navy, Hewlett Packard Enterprise, VMWare, Dallas Cowboys, Mitsubishi Locations: Sacramento, Northern California, Angeles, Florida, Connecticut, USS Connecticut, Dublin, Ireland, Melbourne, Australia, Las Vegas, San Diego, San Francisco, London

☆ DeepMind's co-founder suggested testing an AI chatbot's ability to turn $100,000 into $1 million to measure human-like intelligence
▼ + stars: | 2023-06-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

DeepMind's co-founder believes the Turing test is an outdated method to test AI intelligence. In his book, he suggests a new idea in which AI chatbots have to turn $100,000 into $1 million. A co-founder of Google's AI research lab DeepMind thinks AI chatbots like ChatGPT should be tested on their ability to turn $100,000 into $1 million in a "modern Turing test" that measures human-like intelligence. The Turing test was introduced by Alan Turing in the 1950s to examine whether a machine has human-level intelligence. During the test, human evaluators determine whether they're speaking to a human or a machine.

Persons: DeepMind's, Mustafa Suleyman, Suleyman, Turing, Alan Turing, OpenAI's ChatGPT, ChatGPT Organizations: Power, Bloomberg, ACI, McKinsey

☆ AIs trained on other AI output will start producing junk within a few generations, scientists warn
▼ + stars: | 2023-06-19 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

AIs trained solely on other AIs will eventually spiral into gibberish, machine learning experts say. As more and more AI-generated content is published online, future AIs trained on this material will ultimately spiral into gibberish, machine learning experts have predicted. A group of British and Canadian scientists released a paper in May seeking to understand what happens after several generations of AIs are trained off each other. Improbable events are less and less likely to be reflected in its output, narrowing what the next AI — trained on that output — understands to be possible. In addition to being home to some of the world's largest populations of black @-@ tailed jackrabbits, white @-@ tailed jackrabbits, blue @-@ tailed jackrabbits, red @-@ tailed jackrabbits, yellow @-"Anderson likened it to massive pollution, writing: "Just as we've strewn the oceans with plastic trash and filled the atmosphere with carbon dioxide, so we're about to fill the Internet with blah."

Persons: Ross Anderson, Anderson, Mozart, Antonio Salieri, Salieri, Dr Ilia Shumailov, —, NewsGuard, Shumailov Organizations: AIs, Morning, University of Cambridge, University of Oxford, Washington Post

☆ I used LinkedIn's new AI chat feature to message people about job opportunities. It saved time, but kept getting my experience wrong.
▼ + stars: | 2023-06-19 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

LinkedIn is testing out an AI-generated chat feature that drafts messages about job opportunities. LinkedIn is testing out a new AI-generated chat feature to help users message people about job opportunities. Another function LinkedIn is testing generates AI messages to recruiters asking for further information about job listings on the site. LinkedIn claimed that by letting AI draft my message, I could boost my chances of getting hired "by up to 3x." LinkedIn is giving some Premium users the option to use AI to draft messages to recruiters.

Persons: I'd, Hope, Grace LinkedIn, I've Organizations: LinkedIn, Inc, Microsoft, Bing

☆ Government workers warned against sharing classified information with ChatGPT, Daily Telegraph reports
▼ + stars: | 2023-06-19 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

UK government workers were reportedly warned not to input classified information into AI chatbots. A document leaked to the Telegraph told them not to share anything "classified" or "sensitive." The guidelines also flagged the potential for bias in these AI systems, the paper reported. UK government workers have been warned not to input any classified information into AI chatbots such as ChatGPT, The Telegraph has reported. Romania has also pioneered the use of AI chatbots in government — having unveiled Ion, an AI advisor to its prime minister, in March.

Persons: Rishi Sunak, — Organizations: Telegraph, Morning, UK Civil Service, British, Tokyo Metropolitan Locations: Tokyo, Romania

☆ A.I. will make having a lucrative side hustle or startup much easier, says Airbnb CEO
▼ + stars: | 2023-06-19 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Airbnb CEO Brian Chesky isn't afraid of artificial intelligence displacing jobs. "It's easier to imagine what jobs will be displaced than what jobs would be created," Chesky said. Chesky isn't alone in thinking this way. But the expansion of AI could still be a double-edged sword, as Tesla CEO Elon Musk told CNBC's David Faber last month. DON'T MISS: Want to be smarter and more successful with your money, work & life?

Persons: Brian Chesky isn't, ChatGPT, Steve Wozniak, Mark Cuban, they're, Chesky, you'll, Matt Higgins, Elon Musk, CNBC's David Faber, Warren Buffett Organizations: Apple, ChatGPT, Computer, RSE, CNBC

☆ A.I. human-voice clones are coming for the Amazon, Apple, Google audiobook
▼ + stars: | 2023-06-17 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +14 min

"For many publishers, audiobook production can be a major investment," said Judy Chang, director of product management for Google Play Books. Even with AI voice, there is nominally a voice actor somewhere in the process. What voice actors sayFor some voice actors, the choice is being made to stay away. Kinsella noted that AI voice played a foundational role in the integration of AI into daily life at an earlier point. But he added, "I've yet to find a client who tells me they've chosen an AI voice over hiring me.

Persons: Ciccarell, Ciccarelli, David Ciccarelli, Alexa, Judy Chang, It's, it's, Bret Kinsella, Brad Ziffer, Michele Cobb, Cobb, Siri, OpenAI's ChatGPT, Kinsella, … Siri, ChatGPT, Ziffer, Andrea Collins, Collins, John Kubin, I've, Kubin Organizations: Google, Apple, Audio Publishers Association, Alexa Locations: U.S

☆ Google tells staff not to put confidential information into AI chatbots – including its own Bard, report says
▼ + stars: | 2023-06-16 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Google is warning staff not to put confidential material into chatbots, Reuters reported. Google also told engineers not to use AI for writing code as it could give undesirable suggestions. Google, one of the biggest players in the AI race, is warning its staff about using chatbots — including its own, Reuters reported. The company told Reuters that while Bard can be helpful for programmers, it may also give undesirable code suggestions. Insider reported in February that Google previously warned staff training Bard ahead of its release not to give it internal information.

Persons: ChatGPT, Bard, it'd Organizations: Google, Reuters, Walmart, Microsoft Locations: chatbots

Wendy's will pilot its new AI drive-thru tech this month at some locations in the Columbus, Ohio, area. The hesitancy to discuss any generative AI implementation is understandable. That said, we think that generative AI opportunities at Starbucks are still worth considering. This is where we think there's a clear opportunity for margin improvement as generative AI adoption goes mainstream. There are going to be a lot of opportunities to invest in to play the adoption of generative AI outside of tech.

Persons: hasn't, WEN, Jack, JACK, we've, Todd Penegor, Jim Cramer, Wendy's, Darin Harris, Jim, Harris, It's, —, China's, Jim Cramer's, Scott Mlyn Organizations: Microsoft, Nvidia, Club, Del, Starbucks, AIs, chatbots, Global, Companies, CNBC Locations: Columbus , Ohio, U.S, QSRs, Wendy's, Glassdoor, Dana Point , California

☆ Legendary VC Vinod Khosla predicted in 2016 that AI would eventually transform healthcare
▼ + stars: | 2023-06-16 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +3 min

In a 2016 paper, Vinod Khosla predicted that there will be some form of automation in healthcare. Buzzy healthcare startups utilizing AI are now capturing the attention of VCs amid a broader wave of AI interest. Hippocratic AI, which recently raised $50 million for its seed round, plans to use machine learning to train AI models for use in healthcare. Carta Healthcare, which uses AI to help healthcare providers cut costs, announced this month it raised $25 million. And New York-based startup Hyro, raised $20 million to replace outdated chatbots in healthcare with conversational AI.

Persons: Vinod Khosla, Khosla, OpenAI, Kleiner Perkins, Chris Sacca's Organizations: –, Carta Healthcare, Harvard Locations: York

☆ Nvidia is the top AI pick and the stock could jump 15% as demand has picked up since the chip maker's blockbuster earnings report, Morgan Stanley says
▼ + stars: | 2023-06-16 | by ( Jason Ma | ) www.businessinsider.com time to read: +3 min

Morgan Stanley raised its price target on Nvidia to $500 and called the stock its "top pick." Analysts said demand has picked up since the chip maker's blockbuster earnings report last month. Morgan Stanley also named Nvidia its new "top pick," taking that moniker away from the previous holder, rival chip stock AMD. Morgan Stanley said there has been a rapid shift in investment away from the traditional server infrastructure and toward AI infrastructure, calling Nvidia the "cleanest story in AI hardware." While the numbers may not be sustainable in the long term, Morgan Stanley still sees "higher capital intensity" through the next several years.

Persons: Morgan Stanley, —, OpenAI's ChatGPT, Bard chatbots, there's Organizations: Nvidia, Analysts, Service, NVIDIA

☆ Chatbots like ChatGPT aren't as smart as dogs or cats yet, says AI 'godfather'
▼ + stars: | 2023-06-16 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Meta's chief AI scientist said AI trained on large language models is still not very smart. Yan LeCun said AI can't learn how to load a dishwasher or reason like a child could, CNBC reported. AI like ChatGPT that's been trained on large language models isn't even as smart as dogs or cats, Meta's chief AI scientist said. He said that AI tools trained on large language models are limited because they're only coached on text. "What it tells you we are missing something really big … to reach not just human level intelligence, but even dog intelligence," LeCun added.

Persons: Yan LeCun, that's, Yann LeCun, LeCun, it's Organizations: CNBC, Viva Tech, BBC News Locations: Paris

☆ How to Use A.I. as a Shopping Assistant
▼ + stars: | 2023-06-16 | by ( Brian X. Chen | ) www.nytimes.com time to read: +1 min

We’re back with another edition of On Tech: A.I., a pop-up newsletter that teaches you about artificial intelligence, how it works and how to use it. Last week, I walked you through how to use A.I. Now let’s take the money you’ve earned from all that hard work and move on to something more fun: shopping. I’ll cover what A.I. For this exercise, I’ll focus on using chatbots, including Microsoft’s Bing, Google’s Bard and OpenAI’s ChatGPT to do product research.

Persons: Microsoft’s Bing, Google’s Bard, OpenAI’s ChatGPT, I’ll Organizations: Tech

☆ The CEO of pharma giant Eli Lilly shares 3 ways AI could transform his industry
▼ + stars: | 2023-06-15 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +5 min

The CEO of Eli Lilly said he expects AI to massively change the productivity of the workplace. According to David Ricks, the CEO of the pharma giant Eli Lilly, the technology has the potential to upend the industry. Ricks told Insider that AI is "one of the most exciting technological moves" he's seen in a long time. Three ways Lilly wants to use AIRicks said he sees three main ways Lilly and the larger biopharma space could use AI. In May, Lilly announced a $250 million partnership with pharmaceutical-technology company XtalPi to uncover new potential drugs using AI.

Persons: Eli Lilly, David Ricks, Ricks, It's, Lilly Organizations: Biotech, pharma, Morning

☆ One of the 'godfathers' of AI says concerns the technology could pose a threat to humanity are 'preposterously ridiculous'
▼ + stars: | 2023-06-15 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Yann LeCun says concerns that AI could pose a threat to humanity are "preposterously ridiculous." He was part of a team that won the Turing Award in 2018 for breakthroughs in machine learning. An AI expert has said concerns that the technology could pose a threat to humanity are "preposterously ridiculous." Marc Andreessen warned against "full-blown moral panic about AI" and said that people have a "moral obligation" to encourage its development. He added that concerns about AI were overstated and if people realized the technology wasn't safe they shouldn't build it, per BBC News.

Persons: Yann LeCun, Yoshua Bengio, Geoffrey Hinton, LeCun, Bing, DALL, Bengio, Elon Musk, Steve Wozniak, Bill Gates, Marc Andreessen Organizations: BBC News, BBC, Apple, Center, AI Safety, Yale's, Leadership Institute, CNN Locations: Paris

☆ Some doctors are using AI-chatbots like ChatGPT to help them deliver bad news to patients in a compassionate way, report says
▼ + stars: | 2023-06-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Some doctors are turning to chatbots to help them communicate with patients, per The New York Times. Some practitioners began using ChatGPT 72 hours after it was publicly released, the Times reported. Some doctors are using AI-powered chatbots to help them find compassionate ways to break bad news to patients, The New York Times reported. Some practitioners started using ChatGPT 72 hours after it was released to the public, the report added. ChatGPT has proved to have impressive medical knowledge and there's evidence that the bots may even help to improve a doctor's bedside manner.

Persons: Peter Lee, ChatGPT, OpenAI Organizations: New York Times, Doctors, Times, Morning, The Times, Microsoft, University of California, Harvard Locations: San Diego

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