Hey AI enthusiasts!

OpenAI's chaos is starting to gain structure again and we brought some predictions for AI in 2024. Let's explore the latest in AI together!

In today’s AI world:

• 8 Predictions for AI in 2024
• OpenAI's New Safety Plan
• AI Startup of the Week
• More AI News

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RECENT DEVELOPMENTS

🗣️ 8 Predictions for AI in 2024​

Techcrunch just featured an article where they made 8 predictions for AI in 2024.

The predictions:

• OpenAI becomes a product company (GPT store, and more product expansion plans)
• Agents generated video and generated music graduate from quaint to experimental
• The limits of monolithic LLMs become clearer
• Considerable customer withdrawal from AI tools as the benefits fail to justify the costs and risks
• Apple will join the race with its Agent
• Legal cases will be built for misuse and abuse of AI (wrongful termination, bias in hiring and lending, etc.)
• A newly flourishing AI compliance industry will be created (EU AI Act)
• The 2024 election is a trash fire and AI makes it worse with bot accounts and generated audio and video

Our take:

Even though we agree with most predictions, we believe that LLM are going to improve and the cost of using AI tools and LLM are going to become cheaper, as competition is only going to increase in 2024.

​Read more predictions here​

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📰 OpenAI Board's New Safety Plan​

OpenAI just announced that the new board will have the power to reverse executive decisions with their safety preparedness framework.

The details:

• The Preparedness team works in concert with other safety and policy teams at OpenAI to map out and address the emerging risks of frontier AI models.
• The framework advocates for learning through real-world deployment and using concrete measurements and data-driven predictions to advance AI safety in line with technical innovation.
• Risk assessment "scorecards" and risk thresholds will be established for frontier AI models.
• A cross-functional Safety Advisory Group will oversee safety decisions with the Board of Directors retaining the right to reverse decisions.
• Protocols for safety drills, urgent responses, and external audits are to be developed for enhanced accountability and risk management.

Our take:

OpenAI's Preparedness Framework is a proactive and structured approach that integrates scientific rigor and real-world application to enhance the safety of AI development in a rapidly evolving field. We believe the risk of power abuse has been mitigated with this measure.

​Read more here​

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AI Startup of the Week

📱 Linnk.AI: Simplified, efficient & insightful reading with AI​

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​Problem: The modern influx of information online leads to information overload, making it difficult for users to quickly digest and navigate through lengthy articles to find key points, core arguments, and relevant data.

Solution: Linnk.ai addresses this by offering instant clickable summaries where key points link directly to relevant paragraphs within an article. Their AI analyzes articles to uncover logic and organize data, providing a streamlined reading experience in an integrated sidebar, all on the same page.

Why Them: Linnk.ai stands out by automatically saving notes for future reference, offering multi-language support for seamless understanding, and keeping the user's workflow uninterrupted by allowing them to stay on the page without toggling between tabs or windows.

​Try it out here​

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MORE AI NEWS

🔥 Meltwater, the media monitoring startup, gets a $65M investment from Verdane​

Verdane takes an 11% stake in Meltwater, valuing the company at $592 million. The investment is made through Verdane's stake in Fountain Venture, giving Verdane exposure to Meltwater and HR firm Jobylon.

​Read more here​

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⏳ IBM to acquire StreamSets and WebMethods from Software AG for $2.3B​

Verdane takes an 11% stake in Meltwater, valuing the company at $592 million. The investment is made through Verdane's stake in Fountain Venture, giving Verdane exposure to Meltwater and HR firm Jobylon.

​Read more here​

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🤖 Dog cancer treatment ImpriMed aims to expand its AI technology into human oncology​

The deal strengthens IBM's data integration capabilities, supporting its focus on the hybrid cloud and AI. IBM plans to combine the acquired technologies with its Watsonx platform to unlock the full potential of applications and data.

​Read the full interview here​

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