π₯ Will you send an AI Bot to a work Zoom Meeting?$10 Million Pay Packages for AI Researchers + 77% of companies invest in AI.
Greeting Everyone π, It's astounding how swiftly we've reached the midpoint of November, with AI continuing to command headlines and drive investment trends. The stakes are higher than ever, with AI researchers being courted with million-dollar offers to join the industry's titans. AI isn't just a buzzword; it's become a staple for companies, integrating into daily operations, and even stepping in for us in meetings. As we edge closer to year's end, the pace of AI innovation shows no signs of waningβits evolution marches on, unabated.
"The great growling engine of change β technology." - Alvin Toffler πͺπ½ Important AI News and Trends.
π Web3 and Other Tech news.
Character.AI to get millions from Google and some perks.Google is in talks to invest hundreds of millions into Character.AI, an AI startup specializing in chatbots. This move could strengthen their existing partnership, with Character.AI already using Google's cloud and processing services. Targeting mainly 18 to 24-year-olds, Character.AI offers interactive chatbots and has a subscription service for premium features. Amidst its rapid growth, the company is also pursuing equity funding that could value it at over $5 billion, following a substantial investment round with Andreessen Horowitz. This investment aligns with Google's strategy of backing innovative AI ventures. Will you send an AI Bot to a work Zoom Meeting?About a year ago, a Software Engineer by the name of Peter Solimine went to Shark Tank to ask for funds for his app Beulr. The purpose of the app was to help entrepreneurs, and all of us, save time by sending a bot/avatar to your Zoom meetings while you do more important things. The sharks thought it was a terrible idea and none of them gave him a penny for his startup. Today, Microsoft, Zoom, and Google have, basically stolen his idea and introduced AI bots that can attend Zoom meetings, taking notes in place of humans. While the technology promises to save time amidst busy schedules and reduce meeting fatigue, experts warn of significant downsides. However, experts like Georgetownβs Jeanine Turner caution that this could curb face-to-face interaction, undermine office relationships and isolate staff. There's also a risk it could signal neglect, especially impacting junior staff and diverse workers, while possibly stunting young professionals' social development. Critics argue for the careful use of AI to avoid deepening workplace challenges and suggest setting rules to guide its integration into work practices. Of course, all these are very valid points, but perhaps we will finally realize that many meetings can be an email or even a text message and save time while still being personal and respectful to our team. 77% of firms globally investing in AIA report reveals that 77% of global firms are investing in AI to improve their quality engineering, prioritizing productivity and faster problem-solving over fault reduction. The study also notes a trend towards sustainable IT practices in quality management, with a majority favoring a centralized approach to testing over traditional methods. $10 Million Pay Packages for AI Researchers.OpenAIβs New Weapon in Talent War With GoogleOpenAI is escalating its recruitment battle with Google by offering researchers $10 million in pay packages. With a planned employee share sale potentially tripling OpenAI's valuation to over $80 billion, OpenAI is promising recruits the chance to secure stock at the current $27 billion valuation before it rises. They're also enticing candidates with the promise of substantial computing resources and access to specialized chips for AI development. π‘ AI Hacks and Tricks
π° Follow The Money
π§° AI Tools of the DayProduct Development.
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Monday, November 13, 2023
π₯ Will you send an AI Bot to a work Zoom Meeting?
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