Hey AI enthusiasts!

The AI purge is closer than we thought with Google planning massive layoffs. Let's explore the latest in AI together!

In today’s AI world:

• Google Massive Layoff Wave
• OpenAI Gets Sued By The New York Times
• AI Startup of the Week
• More AI News

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RECENT DEVELOPMENTS

😱 Google Replaces 30,000 Employees With AI?​

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Google is actively engaged in advancing its AI model. Still, recent indications suggest that the tech giant is not just focusing on AI development for external applications but is also contemplating a significant shift in its operational structure.

The predictions:

• Google is considering a substantial workforce reduction, potentially affecting up to 30,000 employees.
• This is part of a strategic move to integrate AI into various aspects of its business processes.
• The proposed restructuring is anticipated to impact Google's ad sales department primarily.

Our take:

We view Google's potential workforce reduction as a double-edged sword. On one hand, it reflects the drive for efficiency and innovation in the tech industry. This could lead to new AI-driven products and services. On the other hand, it raises concerns about job security. It also has broader societal implications regarding the role of AI in the future of work. This underscores the need for careful consideration of the economic and ethical aspects of AI integration into the workplace.

​Read more here​

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📰 New York Times sues OpenAI

The New York Times filed a lawsuit against OpenAI and Microsoft, alleging they used its articles to train AI technologies like ChatGPT without authorization, infringing copyright.

The details:

• The lawsuit seeks billions in damages and demands the destruction of AI models and data that used The Times's copyrighted material.
• The Times had previously approached the companies for a resolution, but no agreement was reached.
• The lawsuit raises significant questions about the legal and ethical use of copyrighted material in training AI systems and its impact on the news industry.
• The Times argues that the use of its content by AI systems like ChatGPT competes with its journalism, potentially reducing its web traffic and revenue.

Our take:

We understand The New York Times needs to protect its intellectual property, but we are also concerned about how this lawsuit might impact the future development and effectiveness of AI technologies. Ideally, we hope for a balanced resolution that respects copyright laws while ensuring the continued growth and utility of AI tools.

​Read more here​

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AI Startup of the Week

📱 Final Round AI - Interview Copilot​

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Problem: Candidates struggle with the complexities of modern interviews, needing tailored support to match their unique skills with diverse job requirements.

Solution: Final Round AI uses proprietary voice-to-text AI models to provide real-time transcription during online interviews. This feature helps candidates understand and recall every sentence and question more clearly, aiding in better responses. The tool offers bullet-point style assistance in real-time, with ultra-low latency. This support is curated based on the interviewee's resume, job description, and the specific requirements of the role they are interviewing for.

Why Them: Final Round AI stands out due to its ability to provide bespoke guidance based on individual profiles and job specifics, and proven effectiveness as evidenced by positive feedback from users in top universities. One might discuss the moral aspect, but it is deemed useful by many people who tried it.

​Try it out here​

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MORE AI NEWS

🔥 OpenAI surpassed $1.6B in revenue​

OpenAI has reached $1.6 billion in revenue this year, because of the insane growth of ChatGPT. This means they added a significant chunk to the $1.3 billion they reached in October despite the internal company drama.

​Read more here​

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🏠 BotBuilt wants to lower the cost of homebuilding with robots​

BotBuilt, a startup founded in 2020, aims to lower the cost of homebuilding by using robots to construct framing components of homes. The company's robotic system can quickly assemble panels for walls, floor trusses, and roof trusses, reducing labor costs and accelerating the pace of homebuilding. With a focus on automation and scalability, BotBuilt plans to increase production and revenue in the coming years.

​Read more here​

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🤖 AI agents to watch for 2024​

Olivia Moore, Partner at Andreessen Horowitz released a list of AI agents to watch for 2024 on X, along with a market map of the emerging subset expected to surge as tech improves.

​Read the full list here​

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