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☆ Elon Musk's X is using your tweets to train its AI, Grok. Here's how to opt out.
▼ + stars: | 2024-07-26 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Elon Musk's X activated a default setting to train Grok, its AI chatbot, on user data. Users can disable data sharing in the 'Privacy and Safety' tab on X.Grok, a ChatGPT competitor, is available via premium subscription. AdvertisementYour unfiltered thoughts are about to become training data for one of the most unhinged AI chatbots on the market. X has activated a setting that, by default, gives it access to users' posts, interactions, and inputs as training data for Grok, the company's ChatGPT competitor. If you want to disable it, here's a step-by-step guide:Once on X, head to the menu on the left side and click "More."

Persons: Elon, —, here's Organizations: Service, Business

☆ Sam Altman says the US has to do 4 things to prevent China from taking the AI throne
▼ + stars: | 2024-07-25 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Read previewOpenAI CEO Sam Altman has a four-point plan to help the United States retain its dominance in the global AI arms race. To this end, the first step in Altman's plan is to ensure proper safeguards around AI technology. He said that would help create more jobs and establish AI as a "new industrial base" in the United States. He also said the United States needs to invest in developing a new generation of AI innovators, researchers, and engineers. Related storiesThird, the United States should establish more regulations around trade and the transmission of information across borders.

Persons: —, Sam Altman, Altman's, Altman, aren't, Axios Organizations: Service, Washington, Business, International Atomic Energy Agency, AI, Internet Corporation, ICANN, United States, Stanford's Institute for, Intelligence Locations: United States, American, United, China

Read previewThe results are in for Sam Altman's much-anticipated basic income study, one of the largest of its kind. AdvertisementThe debate over basic incomeThe study was inspired by Altman's belief in the importance of a basic income in the age of AI, which some fear could render millions of jobs obsolete. Related storiesThe idea of a universal basic income has been around for awhile, but rose to prominence as the center of Andrew Yang's 2016 presidential campaign. Other significant figures in the tech industry have since voiced support for some kind of basic income, including Twitter cofounder Jack Dorsey and Tesla CEO Elon Musk. Earlier this year, Altman also floated another kind of basic income plan, which he called a "universal basic compute."

Persons: —, Sam Altman's, Altman, OpenResearch, Elizabeth Rhodes, Cash, Andrew Yang's, Jack Dorsey, Elon Musk, Geoffrey Hinton, Sarah, Cara Organizations: Service, Business, OpenResearch Locations: Texas, Illinois

☆ Elon Musk reacts to Biden dropping out: 'My smartest friends' are 'excited about Trump'
▼ + stars: | 2024-07-21 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Joe Biden's dropping out of the election prompted a reaction from Elon Musk, who backs Trump. Musk claims tech industry loyalty is shifting to Republicans, citing individual freedom and merit. Top Silicon Valley investors, including Ben Horowitz and Peter Thiel, are also backing Trump. AdvertisementJust minutes after US President Joe Biden announced he was dropping his campaign for re-election, Elon Musk announced that his Silicon Valley friends had already moved on to the Republican Party. "My smartest friends, including those living in the San Francisco Bay Area who have been lifelong Dems, are excited about Trump/Vance," Musk posted on X.

Persons: Joe Biden's, Elon Musk, Ben Horowitz, Peter Thiel, —, Joe Biden, Vance, Musk Organizations: Trump, Service, Republican Party, Business Locations: San Francisco Bay

☆ The hottest new job in AI: chief ethics officer
▼ + stars: | 2024-07-21 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

The buzzy bot's technology — generative AI — could write emails, produce code, and materialize graphics in minutes. Generative AI can hallucinate, spread misinformation, and reinforce biases against marginalized groups if it's not managed properly. That's where a chief ethics officer comes in. AdvertisementRight now, though, companies aren't hiring people into these roles fast enough, according to Steve Mills, the chief AI ethics officer at Boston Consulting Group. She also engages with government leaders and other chief ethics officers.

Persons: —, ChatGPT, it's, Steve Mills, Mills, Shankar, Christina Montgomery Organizations: Service, . Companies, Mckinsey & Company, Business, Boston Consulting, Fortune, International Association of Privacy Professionals, Intelligence Locations: Var, Science

☆ This is the 2nd time CrowdStrike CEO George Kurtz has been at the center of a global tech failure
▼ + stars: | 2024-07-20 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

A faulty update from CrowdStrike caused a global tech outage on Friday. CrowdStrike CEO George Kurtz has been down this road before. As CTO of McAfee in 2010, Kurtz was at the center of another similar tech debacle. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: CrowdStrike, George Kurtz, Kurtz, — Organizations: McAfee, Service, Microsoft, Business

☆ Steve Jobs predicted ChatGPT over 40 years ago, newly released footage reveals
▼ + stars: | 2024-07-20 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

The Steve Jobs Archive's new exhibit reveals Jobs' 1983 vision for generative AI. Jobs predicted AI would be like a book that users could ask questions to and interact with. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Even the buzziest technology of the moment — chatbots driven by generative AI — was something Steve Jobs predicted would revolutionize our world. A new digital exhibit from the Steve Jobs Archive includes footage from a 1983 presentation Jobs gave at the International Design Conference in Aspen.

Persons: Steve Jobs, Jobs, — Organizations: Service, Steve, International, Apple, Business Locations: Aspen .

☆ Global IT outage shows why you should be wary of turning on auto-updates
▼ + stars: | 2024-07-19 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Read previewA massive IT outage disrupted the global economy after CrowdStrike, the cybersecurity giant, issued a faulty update. This story is available exclusively to Business Insider subscribers. Cybersecurity experts said that auto-updates typically help companies react quickly to global threats. Izrael said Armis itself doesn't use auto-updates and instead has people on call to review and roll out updates. Whether this outage will prompt cybersecurity companies to reevaluate their approach to auto-updates isn't yet clear.

Persons: —, CrowdStrike, I've, Nadir Izrael, Izrael, it's, Andrius Minkevičius Organizations: Service, Microsoft, Business

Business Insider checked in with four major firms — Boston Consulting Group, Ernst & Young, McKinsey, and PricewaterhouseCoopers (PwC) — for insights into what they might be looking for in prospective employees. AdvertisementWhat kinds of roles are consulting firms hiring for? Consulting firms often hire for a range of positions. Rod Adams, talent acquisition and onboarding leader at PwC, told BI that the company is hiring consultants, engineers, accountants, and tax professionals, among other roles. Consulting firms often say there isn't one specific background or set of skills they look for.

Persons: —, isn't, Ernst & Young, Ernst &, Alicia Pittman, Pittman, Ernst, Young, Rod Adams, who've, PwC, Adams Organizations: Service, McKinsey & Company, Business, Boston Consulting Group, Ernst, Ernst & Young, McKinsey, PricewaterhouseCoopers, Consulting, BI

☆ Billionaire hedge fund manager Bill Ackman endorses Trump following assassination attempt in Pennsylvania
▼ + stars: | 2024-07-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Billionaire hedge fund manager Bill Ackman endorsed Donald Trump for president on Saturday. Ackman's announcement on X came hours after an assassination attempt on Trump in Pennsylvania. Ackman assured Biden supporters that he hadn't "lost it" and came to the decision carefully. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBillionaire hedge fund manager Bill Ackman has officially come out in support of former president Donald Trump's re-election campaign, following an assassination attempt at a Trump rally on Saturday.

Persons: Bill Ackman, Donald Trump, Ackman, Biden, —, Donald Trump's, @realDonaldTrump, Trump, @POTUS Biden Organizations: Trump, Service, Billionaire, Business Locations: Pennsylvania

☆ Local officer encountered Trump rally gunman on roof moments before shooting but retreated: report
▼ + stars: | 2024-07-14 | by ( Lauren Edmonds | Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Read previewA municipal police officer at Donald Trump's rally in Pennsylvania encountered the shooter before the assassination attempt but retreated, according to The Washington Post. Secret Service agents quickly surrounded the president, who later confirmed in a Truth Social post that a bullet struck his ear. A Secret Service sniper fatally shot Crooks. AdvertisementLaw enforcement officials and the Secret Service are facing criticism following the incident. According to the outlet, the roof was less than 164 yards from where Trump stood onstage.

Persons: —, Donald Trump's, Butler County Sheriff Michael T, Slupe, Thomas Matthew Crooks, Crooks, Trump, Joe Biden, Biden, Mike Johnson Organizations: Service, The Washington Post, Butler County Sheriff, Business, Trump, Secret Service, Defense Intelligence Agency, BI, GOP, Federal Bureau of Investigation, Republican National Convention Locations: Pennsylvania, Butler County, Butler, Milwaukee

☆ What billionaires and CEOs are wearing at this year's Sun Valley conference: Red, white, and corporate vests
▼ + stars: | 2024-07-13 | by ( Lakshmi Varanasi | Madeline Berg | ) www.businessinsider.com time to read: +1 min

Execs and celebs headed to the Sun Valley Conference this week, giving us a look into their style. The conference, known as 'summer camp for billionaires,' typically has a casual dress code. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEvery July, executives in tech, media, and finance flock to the small resort town of Sun Valley, Idaho, for the Allen & Co. Sun Valley Forum — aka "summer camp for billionaires." Attendees usually adhere to a simple dress code of t-shirts, vests, and athleisure for conference sessions in between the rounds of golf, schmoozing, and dealmaking.

Persons: — Organizations: Sun, Service, Allen, Co, Business Locations: Sun Valley , Idaho

☆ Netflix CEO believes streaming has made the world 'safer'
▼ + stars: | 2024-07-07 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Netflix's Ted Sarandos says streaming has made the world a "smaller and safer place." He says platforms like Netflix expose viewers to other cultures, making them more empathetic. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAccording to Ted Sarandos, co-chief executive of Netflix, his company is making the world a better place. Streaming is "not only great for culture, in a strange way, I think it's been great to make the world a safer place," Sarandos said on the the tech podcast Hard Fork.

Persons: Ted Sarandos, —, it's, Sarandos, Greg Peters Organizations: Service, Netflix

☆ OpenAI's latest reputation problem: hackers
▼ + stars: | 2024-07-06 | by ( Kenneth Niemeyer | Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. Related storiesOpenAI told Business Insider that the company had "identified and fixed" the "underlying security issue" that led to the breach. AdvertisementStill, the hacking prompted concern inside and outside the company that OpenAI's security is too weak, leaving it open to foreign adversaries like China. He described the company's security as "egregiously insufficient" to protect against theft by foreign actors. A month after OpenAI fired Aschenbrenner, two more of the team's top members quit, and the team effectively dissolved.

Persons: —, OpenAI, Leopold Aschenbrenner, Aschenbrenner, Ilya Sustkever, Sam Altman's, Sustkever, Jan Leike, Paul Nakasone Organizations: Service, Business, New York Times, FBI, Employees, NSA, US, Command, Defense Department Locations: China, United States

☆ Is Big Tech wrong to train AI models on 'messy' public data? A chat with synthetic data evangelist Ali Golshan.
▼ + stars: | 2024-06-30 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +9 min

Instead, they're calling for companies to train their models on synthetic data. Synthetic data is artificially generated rather than collected from the real world. AdvertisementBusiness Insider chatted with Ali Golshan, CEO and cofounder of Gretel, who one might call an evangelist for synthetic data. Why is synthetic data better than raw public data? AdvertisementUltimately, the other part of it is that synthetic data is very good at privacy if you have enough data.

Persons: —, Ali Golshan, Gretel, Young, There's Organizations: Service, Companies, Meta, Google, Business, Ernst, Riot, Federal Trade Commission

☆ The copyright lawsuits against OpenAI are piling up as the tech company seeks data to train its AI
▼ + stars: | 2024-06-30 | by ( Kenneth Niemeyer | Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

Leading tech companies like Google, Meta, OpenAI, Anthropic, and Microsoft are all scrambling to find new sources of data. Part of the problem is that publishers are increasingly accusing these companies of hoovering up copyrighted data. One solution is synthetic data, which is artificially generated rather than collected from the real world, and can easily be generated by machine learning algorithms. OpenAI has considered synthetic data as an option to train its models, but CEO Sam Altman has raised concerns about producing quality data. "As long as you can get over the synthetic data event horizon, where the model is smart enough to make good synthetic data, everything will be fine," Altman said at a tech conference in May 2023.

Persons: —, Simon, Schuster, OpenAI, they'll, Mother Jones, Monika Bauerlein, Axel Springer, Sam Altman, Altman Organizations: Service, Google, Microsoft, Meta, Business, US Copyright, Investigative, Center, Author's, New York Times, Guild, Associated Press, The, Street, New, New York Post, Prisa Media, Le Monde, Financial Times Locations: New York, The

☆ It's dangerously easy to 'jailbreak' AI models so they'll tell you how to build Molotov cocktails, or worse
▼ + stars: | 2024-06-30 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

A jailbreaking method called Skeleton Key can prompt AI models to reveal harmful information. The technique bypasses safety guardrails in models like Meta's Llama3 and OpenAI GPT 3.5. Microsoft advises adding extra guardrails and monitoring AI systems to counteract Skeleton Key. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt doesn't take much for a large language model to give you the recipe for all kinds of dangerous things.

Persons: —, Mark Russinovich Organizations: Microsoft, Service, Business

☆ As employee confidence in AI's potential grows, so does their anxiety
▼ + stars: | 2024-06-30 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Workers are more confident — and anxious — about AI than they were a year ago, a BCG survey found. Leaders are also more confident and trained in AI than their workers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . According to a new report from Boston Consulting Group, workers' confidence in generative AI has grown over the past year — but so has their anxiety. It found that confidence in generative AI surged 16% between 2023 to 2024, but that anxiety did too: about 5%.

Persons: — Organizations: Companies, Service, Boston Consulting Group

☆ Employers want students with generative AI skills for work, but students just want to use it for fun
▼ + stars: | 2024-06-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Employers are prioritizing entry-level workers with generative AI skills. Job descriptions mentioning generative AI have tripled on Handshake's portal over the past year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Employers are prioritizing entry-level workers with generative AI skills amid rapid advances in the technology. On the student job and internship portal Handshake, the number of job descriptions that mention generative AI tools has more than tripled over the past year.

Persons: — Organizations: Service, Business

☆ AI is everywhere, and businesses don't know where to start. Here's what consultants are telling clients.
▼ + stars: | 2024-06-28 | by ( Lakshmi Varanasi | Tim Paradis | ) www.businessinsider.com time to read: +8 min

Some 900 of PwC's top 1,000 consulting clients are now working with the firm on incorporating AI into their businesses, a spokesperson told Business Insider. Even as some companies focus on how AI might rewrite corporate playbooks, some businesses are asking consultants how to get started. Advertisement"Many CIOs are afraid that they don't have the right skills," he told BI. Where to beginMany companies are still determining how they might use AI and GenAI, according to several consultants. This enables greater seamlessness down the line, and that is where the magic lies," he told BI.

Persons: —, Ben Ellencweig, Allison Bailey, Bailey, Greg Sward, They're, Jim Rowan, Rowan, Vlad Lukic, Roy Singh, Joe Atkinson, Atkinson, Deloitte's Rowan, Bain's Singh, PwC's Atkinson, he's, Singh Organizations: Service, Business, McKinsey & Company, Boston Consulting, KPMG US, Deloitte Consulting, Bain & Company, Companies, Carrefour, & $

☆ Microsoft AI CEO explains why the economics of information are about to 'radically change'
▼ + stars: | 2024-06-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

AI will cut the marginal costs of producing information, Microsoft AI CEO Mustafa Suleyman says. AdvertisementIf the internet dramatically cut the costs of producing information, AI is bound to eliminate them. That's according to Mustafa Suleyman, the CEO of Microsoft AI. "The economics of information are about to radically change," Suleyman said in an interview with journalist Andrew Ross Sorkin at the Aspen Ideas Festival this week. "In 15 or 20 years' time, we will be producing new scientific, cultural knowledge at almost zero marginal cost."

Persons: Mustafa Suleyman, Suleyman, —, Andrew Ross Sorkin Organizations: Microsoft, Service, Aspen Ideas

☆ The unregulated multibillion-dollar life coaching industry can be a haven for discredited therapists
▼ + stars: | 2024-06-23 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Some therapists who have lost their licenses have rebranded themselves as "life coaches." The life coaching industry generated $4.5 billion in revenue in 2022. Life coaching is an unregulated industry, so prospective patients should tread carefully. They can try "life coaching" instead. This loosely defined group of professionals generated $4.5 billion in revenue in 2022, according to The International Coaching Federation.

Persons: —, they're Organizations: Service, International Coaching Federation, Business

☆ Anthropic CEO says we need to think bigger than a universal basic income if we want to solve the AI inequality problem
▼ + stars: | 2024-06-23 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Rapid advances in AI may concentrate power and wealth among a small elite. Anthropic CEO Dario Amodei says a universal basic income may not sufficiently address the shift. 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 . AdvertisementThe rapid advances in AI could consolidate power and wealth in the hands of a small few , which is why many in the tech industry have called for a universal basic income.

Persons: Dario Amodei, — Organizations: Service

☆ The Justice Department is coming for AI: 'If your AI fixes prices, you're just as responsible'
▼ + stars: | 2024-06-22 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

The Justice Department is cracking down on anticompetitive uses of artificial intelligence. The DOJ has been investigating RealPage for using AI algorithms to set high prices since 2022. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Department of Justice is now cracking down on such anticompetitive uses of the buzzy new technology. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Department, DOJ, Biden, Big Tech, Service, Justice, Business

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