AI Frontier Wednesday

Hi, AI Futurists!

^{The AI wave is full-on and we are here to help you catch it.}

What is Changing in the AI Space?

Until this moment, AI development has mostly been dependent on computing power, big data, and investment of the biggest tech companies in the world such as Microsoft and Google, however, this is bound to change since startups and entrepreneurs are already taking a bigger slice of the AI cake thanks to more accessible tools such as the GPT Store and more investment from around the world.

You may want to check out Mustafa Suleyman’s (Deep Mind and Inflection AI co-founder) new book: The Coming Wave.

• ^{Bill Gates - Sam Altman Conversation on the Future of AI. GPT-5 Hints}

• ^{AI to Impact 40% of the Jobs. Top New AI Jobs}

• ^{2024 to be the Year of AI Films and Videos Going Viral. Use the Tools To Make Yours}

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Bill Gates and Sam Altman recently came together for a half-hour conversation focused on AI in Gates’ podcast: Unconfuse Me.

Why This Conversation Matters

Sam Altman is the CEO of the leading AI company in the world, OpenAI and Bill Gates is still one of the most influential technologists and he is the founder of the biggest company in the world, Microsoft.

Just a reminder that Microsoft became the biggest company in the world thanks to one of the best investments made by Microsoft, $10 billion to own 49% of OpenAI, and the main reason why Microsoft’s stock grew by 65% in a year is mainly because of its AI investments.

Sam Altman’s Hints on GPT-5

Sam has provided a glimpse of the forthcoming enhancements to ChatGPT, which are poised to bring about significant advancements in its capabilities. These include:

• Enhanced Reasoning and Reliability: ChatGPT is set to deliver optimal answers on the first attempt, thereby improving its overall reliability and reasoning abilities.

• Customization: A tailored version of ChatGPT will seamlessly integrate with external data sources such as Gmail, allowing for a more personalized user experience.

• Multimodality: Anticipate ChatGPT to incorporate speech, images, and video functionalities, thereby expanding its capabilities across various media formats.

• Productivity Gains: The upcoming improvements are expected to yield specific productivity gains, particularly within the realms of education and healthcare.

• Affordability: Sam envisions a future where the cost of intelligence will be driven down to such an extent that it will lead to a transformative shift in society, making intelligence more accessible and affordable for all.

You can listen to the podcast here.

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The hot topic in Davos is not war or climate change. It is AI.

Naturally so. AI is the fastest and most impactful technology in the history of humanity affecting every part of our lives.

The few key differences between AI and other technologies are:

• Neural Network Dilemma. Even the AI scientists who develop GenAI don’t understand some of the incredible results the technology accomplishes since the system is based on neural networks with almost impossible to comprehend complexity.

• Reasoning and Decisionmaking. For the first time in history, there is a technology that can reason and make decisions on its own. This reminds us to regulate and create universal rules while making it super aligned with human values.

Up to 60% Job Market Impact

The rise of artificial intelligence applications and their impact on employment is anticipated to be a focal point at the World Economic Forum in Davos, Switzerland. Kristalina Georgieva, the head of the International Monetary Fund (IMF), cautioned that approximately 40% of global jobs might be influenced by advancements in artificial intelligence, with effects more pronounced in advanced economies (around 60% of positions) compared to low-income countries (about a quarter).

Top AI Jobs

Top Technical AI Job

AI Research Scientist: Involved in conducting research and developing AI technologies, requiring a deep understanding of AI principles and algorithms

Top Non-Technical AI Job

Prompt Engineers. Prompt engineers develop and refine AI-generated text prompts to reach the desired results using plain text and sometimes low code.

There will be many new jobs that we can’t even imagine now. One of the classic examples is the beginning of the industrial era and the information age. The comparison between the periods can give us an idea about the job market.

AI will replace old-fashioned mostly repetitive jobs with highly innovative smarter jobs while giving the means to learn new skills.

Multi-modality is a word we will all be familiar with.

That comes to mean — AI expressing your entries in text, visuals, animations, audio, and more.

Now, we have short films and dreamy videos, and very soon, it is not unrealistic to think that we can have full-size films that can become nominees for an Academy Awards.

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