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OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Many people are fooled by large language models (LLMs) despite their obvious limitations due to their boneheaded errors and inability to fact-check their own work. Generative AI preys on human cognitive vulnerability, as highlighted in an analysis by Baldur Bjarnason. The comparison is drawn between the methodology of mentalists and the deceptive tactics of LLMs, with both relying on similar mechanisms to manipulate users. The insights into the parallels with the tech industry as a whole are recommended for readers.Elon Musk claimed that AI smarter than any human will arrive by the end of next year, prompting Gary Marcus to offer a $1 million bet that AGI superior to the smartest humans won't come by the end of 2025. The offer was raised to $10 million, but Musk has not responded. Marcus believes Musk's claim is unlikely, as there are many intellectual tasks that humans can do that AI cannot yet accomplish. Jennifer Listgarten also argues that while AI like ChatGPT can provide useful tools, they are not virtual scientists and cannot perform complex scientific tasks. Many of the tasks listed will likely remain outside the reach of AI by 2025.The trend of labeling various advancements in different fields as "a chatgpt moment" is discussed, drawing parallels to the success of the ChatGPT AI model. The psychology behind human fascination with the familiar done differently is explored, highlighting the balance between familiarity and surprise in writing and AI narratives. These comparisons serve as anchors to stabilize the narrative but also pose a risk of stopping further exploration and understanding.Elon Musk is integrating his AI chatbot, Grok, into X to provide real-time news and trending topics. Despite challenges with fake news being promoted, Musk aims to make Grok available for X Premium users to compose tweets. Concerns about spam and lack of personal authenticity that AI brings to posts exist despite Musk's push for integration.Memecoins are gaining popularity in the crypto industry, but they are seen as bad for investors and the industry as a whole due to promoting mindless speculation and greed. The CEO of VanEck believes that Bitcoin ETFs will grow once brokerages start recommending them to clients. The importance of teaching financial literacy to prevent falling victim to scams disguised as investments is highlighted.Underscore VC recently completed a generational transfer as Lily Lyman was promoted to Managing Partner. The firm closed its third fund at $58 million with investments in various companies. The transition of leadership from Skok to Lyman has been smooth despite unexpected challenges, positioning Underscore VC for success in navigating an inflection point in the industry.The use of AI in design and its potential impact on industries like architecture and engineering is discussed, highlighting the benefits of generative AI in speeding up design processes and promoting sustainability. Amazon faces a seller revolt over new fees, while Boeing supplier Spirit Aerosystems defends its use of unconventional materials in manufacturing.Artists are starting to use generative AI as a tool to enhance their creative work while addressing concerns about unauthorized training and devaluation of human creativity. Amazon's CEO is optimistic about the potential of generative AI, while Intel and Adobe are making advancements in the field. Concerns about the energy consumption of AI models persist as companies and creators explore balancing benefits with drawbacks.Thank you for listening to OWITH.ai: delivering essential updates from the world of AI and tech every day.

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