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☆ Elon Musk plans 'TruthGPT' A.I. to rival OpenAI, DeepMind
▼ + stars: | 2023-04-18 | by ( Lora Kolodny | ) www.cnbc.com time to read: +2 min

Elon Musk, chief executive officer of Tesla Inc., departs court in San Francisco, California, US, on Tuesday, Jan. 24, 2023. With an agency and industry-accepted rules in place, "I think we'll have a better chance of advanced AI being beneficial to humanity," Musk said. Previously, Musk signed a letter calling for a pause on advanced AI research, which he and others believe can harm society. The new technology would ostensibly compete with similar efforts by Sam Altman-led OpenAI, which was initially funded by Musk, Google's DeepMind and other AI initiatives around the world. Musk added that he is worried that current AI technology is "being trained to be politically correct, which is simply another way of ... saying untruthful things."

☆ Elon Musk says he 'kind of took my eye off the ball' with OpenAI, and that's why it's 'now closed-source' and 'obviously for-profit'
▼ + stars: | 2023-04-18 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Elon Musk says OpenAI, the maker of ChatGPT, isn't how he envisioned it when he cofounded it. Musk told Fox News he "took [his] eye off the ball," and that resulted in OpenAI straying from its open-source, nonprofit beginnings. Elon Musk says OpenAI isn't what he intended it to be, and it's partly his fault. Musk cofounded OpenAI, the maker of ChatGPT, in 2015 but left its board in 2018. "And then I kind of took my eye off the ball, I guess, and they are now closed-source and they are obviously for-profit and they're closely allied with Microsoft.

☆ Morning Bid: Global pulse picks up, rates creep higher again
▼ + stars: | 2023-04-18 | by ( ) www.reuters.com time to read: +5 min

A look at the day ahead in U.S. and global markets from Mike DolanWith investors largely assuming recession ahead, an accelerating global economic pulse challenges the narrative and is seeing interest rates tick back higher again as the March banking wobble subsides. With March starts and permits numbers out later, there was also signs of a troughing in the U.S. housing market. Confidence among U.S. single-family homebuilders improved for a fourth straight month in April as a dearth of previously owned homes and falling mortgage rates boosted demand. Wall St futures were higher again on Tuesday, with European bourses and most Asia indices advancing too. With euro zone and UK rate expectations pushing higher too, the dollar slipped back again against the euro and sterling .

Musk has repeatedly warned recently of the dangers of AI, amid a proliferation of AI products for general consumer use, including from tech giants like Google and Microsoft. In his interview with Carlson, Musk said “we’re going to start something which I call TruthGPT.” Musk described it as a “maximum truth-seeking AI” that “cares about understanding the universe.”“Hopefully there’s more good than harm,” Musk said. More recently, Musk is reportedly working to build a generative AI startup that could rival OpenAI and ChatGPT. During his conversation with Carlson, Musk addressed his ownership of Twitter — which he bought for $44 billion and has been engaged in controversy since. “I thought there’d probably be some negative reactions,” Musk told Carlson, saying the public will ultimately decide the app’s future.

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