Generative AI tools are generating less interest than just a few months ago.

When generative AI products started rolling out to the general public last year, it kicked off a frenzy of excitement and fear.

People were amazed at the images and words these tools could create from just a single text prompt. Silicon Valley salivated over the prospect of a transformative new technology, one that it could make a lot of money off of after years of stagnation and the flops of crypto and the metaverse. And then there were the concerns about what the world would be after generative AI transformed it. Millions of jobs could be lost. It might become impossible to tell what was real or what was made by a computer. And if you want to get really dramatic about it, the end of humanity may be near. We glorified and dreaded the incredible potential this technology had. — Read More

A rapid expansion of AI skills is underway — as tens of millions of workers race to meet demand from employers.

Why it matters: With millions of jobs at risk — and potentially more to be created — as a result of AI, the ability to acquire new AI-related skills is set to affect individual careers and the economic trajectory of whole nations.

More than half of the 3,000 executives surveyed by IBM estimate that 40% of their workforce will need to be reskilled as their businesses implement AI and automation in the next three years. — Read More

Atidal wave is about to crash into the global economy. 

The rise of artificial intelligence has captured our imagination for decades, in whimsical movies and sober academic texts. Despite this speculation, the emergence of public, easy-to-use AI tools over the past year has been a jolt, like the future arrived years ahead of schedule. Now this long-expected, all-too-sudden technological revolution is ready to upend the economy. 

A March Goldman Sachs report found over 300 million jobs around the world could be disrupted by AI, and the global consulting firm McKinsey estimated at least 12 million Americans would change to another field of work by 2030. A “gale of creative destruction,” as economist Joseph Schumpeter once described it, will blow away countless firms and breathe life into new industries. It won’t be all bleak: Over the coming decades, nongenerative and generative AI are estimated to add between $17 trillion and $26 trillion to the global economy. And crucially, many of the jobs that will be lost will be replaced by new ones. — Read More

I cringe at being called “Mother of the Cloud,” but having been part of the development and implementation of the internet and networking industry—as an entrepreneur, CTO of Cisco, and on the boards of Disney and FedEx—I am fortunate to have had a 360-degree view of the technologies that are at the foundation of our modern world.

I have never had such mixed feelings about technological innovation. In stark contrast to the early days of internet development, when many stakeholders had a say, discussions about AI and our future are being shaped by leaders who seem to be striving for absolute ideological power. The result is “Authoritarian Intelligence.” The hubris and determination of tech leaders to control society is threatening our individual, societal, and business autonomy. — Read More

How can a founder figure out what accelerators and grants to apply for?  What AI tools will best help them build their startup? What are the best strategies for pitching to investors? Cody Jung sat down with inside.com to answer these questions and more while sharing his journey of building Founderway.ai.  Founder Way (previously called Dium, as you’ll hear it referred to in this talk) is a platform that acts like Turbo Tax for building startups.  Founders are guided through questions that cover every step of the company-building process.  — Read More

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Google, OpenAI, Microsoft, and Anthropic will be the founding members of the Frontier Model Forum, an umbrella group for the generative AI industry. The group plans to focus on safety research, as well as the identification of best practices, public policy, and use cases for the rapidly advancing technology that can benefit society as a whole.

According to a statement issued by the four companies Wednesday, the Forum will offer membership to organizations that design and develop large-scale generative AI tools and platforms that push the boundaries of what’s currently possible in the field.  — Read More

At last, we have an answer to the mystery: now we know why Elon Musk has been joyfully torpedoing Twitter’s brand at every turn. The blue bird has been exterminated and replaced with an X, as CEO Linda Yaccarino enthusiastically announced today in a tweet. And the X in question looks like a barely disguised ripoff of the classic X Windows System logo from 1984. — Read More

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The AI 100 is CB Insights’ annual list of the 100 most promising private AI companies in the world. This year’s winners are working on generative AI infrastructure, emotion analytics, general-purpose humanoids, and more. — Read More

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