Today we’re looking at the beginnings of global changes. Let’s jump in:
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š° Rumor has it there might actually be a moat after all
š„As referenced a few weeks ago in a leaked document (link), the corpo world had a meltdown at the idea that their IP canāt compete with Open Source models. There is an inkling that this could have been premature, at least as it stands now.
š£Why this matters: It could mean that AI, like most modern tech, will be concentrated in the hands of a powerful few, and the rest of us have to play by their rules. Meaning, you might just have to pick your horse and stay the course, regardless of how those platforms progressā¦.or donāt.Ā
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š° The Falcon has Landed…at Hugging Face
š„Boasting to be the first ātruly openā model, Falcon-40B offers capabilities rivaling many current closed-source models. So, for those of you hoping there isnāt a moat, wellā¦the jury is still out.
š¤Why this matters: Open source means you as a normal human being have access to the AI and you can use it to work on, play with, or build your own software around it. Closed sourced systems mean youāll either have to pay a hefty fee to access and surprise, itās never on your own terms.
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š° IMF warns AI pose āsubstantial disruptionsā in job markets due to AI
š„First Deputy Managing Director Gita Gopinath can see the writing on the walls. Without an intentional framework to protect workers, the potential profit chasing will inevitably cull jobs and leave major data and power consolidation in the hands of a select few. Somehow this is far more of a warning of the disruptions that the World Economic Forum warned about in their revised report in the beginning of May (note this was the first time that the WEF suggested that it will result in a net job loss)
š¤¬Why this matters: Do you like the idea of some corpo buying another jet for their kids while you stand in the bread line? Understanding the future of AI and its transformative potential means we as a planet must account for the changes in how weāve operated since the industrial revolution. The global impact could be devastating. Note the positive predictions are now having cold water thrown on them. “Technology always creates more jobs than it destroys.”Ā = Time to start reskilling because it looks like AI is going to be VASTLY different and racing towards us faster than weāve expected.
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š„Just a week after Sam Altman threatens to pull OpenAI tools out of the EU if the current proposed regulations take effect. Altman is making sure to cozy up to other countries that might take a more permissive view of what OpenAI is doing.
š¶Why this matters: Make no mistake, as diplomatic as Altman comes across there is no doubt that he is playing 3 dimensional chess while the rest of us are shooting marbles. Watch the things that Altman does and says very carefully over the next few months. Just last week he called for an international body (like we have for nuclear weapons) to look at international rules for the governance of AI superintelligence. Seems a little premature when we don’t even have Generalized Artificial Intelligence; unless, that is, OpenAI isn’t telling us something.
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š° Mitigating Risk: Regulators seek to curb the risk of extinction from AI
š„Governments around the world are looking towards finding ways to regulate AI, but absent any international agreement it seems like it leaves an opening for those who donāt like the rules in their backyard to simply move to other countries to do research and development. Nauru, anyone?
šWhy this matters: It matters that humans are having these conversations but absent International agreement feels like lip service.