💰 Airbnb goes all in on AIPlus: State of the AI Report - Where is AI today? + Weather AI is here, is it more accurate?
Hello Everyone, Airbnb goes all in on AI, just like everyone else, but they do it by throwing money at the industry. There is an AI for weather forecasting that is supposed to be more accurate, we shall see. And we share the State of AI according to our partners. Let’s dive in.
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Airbnb goes all in on AI with $200M Acquisition
Airbnb has strategically acquired the stealthy AI firm Gameplanner.AI for just shy of $200 million, marking its first purchase as a public entity. The startup, launched by Adam Cheyer, a pioneer behind Siri, is set to fast-track Airbnb's foray into artificial intelligence. This move aligns with CEO Brian Chesky's vision of transforming the platform with generative AI to serve as a personalized travel concierge. This significant acquisition, Airbnb's first since 2019, signals a potential shift in the company's merger and acquisition strategy, possibly increasing its allure on Wall Street given its profitable status and substantial cash reserves. Weather Apps are very unreliable, Google Deepmid says it has the solution
Google DeepMind's AI, GraphCast, outperforms traditional weather forecasting models, delivering more accurate global predictions from a desktop computer in under a minute. Despite the complexity of weather prediction, this AI model runs thousands of times faster than standard numerical weather prediction (NWP) systems and shows promise in improving forecasts for events like tropical cyclones and extreme temperature shifts. However, as AI models remain experimental and their decision-making processes are not fully transparent, there is caution regarding their reliability and a need to address potential biases. It may take another two to five years before machine learning-based forecasts are widely used in real-world decision-making. State of the AI Report - Where is AI today?
The latest State of the AI Report by Retool states that in 2023, generative AI, especially ChatGPT, has surged in popularity, yet over half of tech professionals view it as overrated. The use of AI tools like GitHub Copilot is altering tech workflows. Many companies are integrating AI, mainly for internal use, while grappling with model accuracy and data security. OpenAI's models, notably GPT-4, dominate AI development, though customization remains limited. Despite a cautious approach to AI adoption and calls for better governance, there's a trend toward valuing AI proficiency in hiring. The data reflects a survey of tech industry professionals, predominantly from smaller companies. A survey of 1,500 tech professionals shows mixed AI sentiment:
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Wednesday, November 15, 2023
💰 Airbnb goes all in on AI
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