AI

News, in short

Utlization of Large Language Models (LLMs) for algorithmic collusion pricing in oligopoly settings and auction environments leads higher prices and lower welfare for consumers, revealing that LLM-based pricing agents autonomously collude with each other, underscoring the necessity for antitrust regulation concerning algorithmic pricing models, according to new study by scientists at Harvard

AI,Technology
Google unlikely to be replaced by AI in the short term, due to most searches involve simply adding .com and sending the user to the right website, while the user generally is uninterested in learning more about the history of the company, making AIs only stand out when the user wants additional information about ’why does it rain’ instead of just whether or not it actually rains

AI,Technology
OpenAI shares first impressions of Sora, a generative AI model designed for creative applications, thoroughly tested by visual artists, designers, creative directors, and filmmakers exploring potential of AI created video content, receiving positive feedback on realism and surreal visuals, opening up a new world of possibilities for storytelling storytelling and abstract expressionism in productions such as the film “Air Head”

AI,Creativity,Jobs,Technology,Video
Generative AI will transform the world, and in that the corporate finance climate, enabling companies that promotes a culture of innovation to succeed in a world increasingly run by machines and AI, emphasising that it’s not all about using AI for product development, but also the behind-the-scnenes processes, operating models, customer experiences, and business models that enable the company to create competitive advantages

AI,Business,Economy,Technology
In “Our AI Journey”, Sam Altman lays out the prediciton that artificial general intelligence (AGI) will revolutionize, among many fields, marketing, handling 95% of the tasks currently done by agencies and creative professionals – humans – in as short a timespan as five years, noting the change is already underway and will accelerate further, raising concerns about data privacy, cybersecurity, intellectual property protection, authenticity, and potential job loss, predicting only a small sliver of the current field’s professionals will be able to make a living from it

AGI,AI,Technology
Killer AI drone capable of hunting and killing people built by scientist, identifying with the ‘e/acc’ school of thought in AI research, within hours “as a game”, choosing despite his belief in the benefits of accelerating AI research, not to publish any code related to this experiment for fear of accelerating AI research

AI,Autonomous drones,Technology
AI already outperforms humans at an increasing amount of things and while some argue that at every point in human history people have been displaces by new technology, this time the tech might be out to get the white collar jobs, like programmers, lawyers, accountants, as well as a lot of creative jobs, while the future for creative entrepreneurs look significantly brighter

AI,Jobs,Technology
Humanoid robots have evolved from rather stupid lawnmowers to looking like humans in a very short time, with AI they will shortly begin to learn by themselves instead of being programmed to do tasks, which poses challenges for our future together

AI,Technology
GPT-4 is officially better at pitching than human salesmen by a huge margin, while also getting investors to invest more money, according to study by Clarify Capital

AI,Jobs,Technology
Half of all skills will be outdated in two years, recent survey claims, which targeted executives and employees, almost half of which believes entry-level jobs will be completely taken over by AI, adding to that 56% of the executives believe their own job will be replaced by AI, completely, or partially

AI,Jobs,Technology