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š§ Is super-intelligence legit?
PLUS: Businesses arenāt using AI

New here? Welcome to NAB, and make sure to subscribe to stay informed on the latest developments in AI!
Happy Monday, fellow humans š
Hope everyone had a relaxing weekend! Lotās of exciting AI news to get to, so letās dive right inā¦

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š§µ In today's edition:
š¢ Businesses arenāt using AI
š§ Yann LeCunās thoughts on AI
šŖ Does the military need AI?
šļø New Episode ft. Fergal Reid, VP of AI at Intercom
š¤ AI Fundraising News
šļø AI Quick-Bytes
š¦ Tweet Post of the Day



š¢ Businesses arenāt using AI
If youāre reading this, there is a chance you think lots of businesses today use AI. I thought so tooā¦
The fact is that while AI hype is soaring, implementation is lagging.
Despite half of the S&P 500 companies discussing AI as frequently as āinterest ratesā during earnings calls, a recent NBC News analysis revealed that only 4.4% of businesses nationwide actively use AI for goods or services.
Even with the surge in AI interest courtesy of OpenAI's ChatGPT, the talk-to-action ratio remains skewed.
Why the divide? One of the biggest reasons is that the tech is still too nascent, contributing to the cautious approach.
Additionally, a study by Kristina McElheran at the University of Toronto highlights a resource gap, with expensive tools, limited expertise, and insufficient education all hindering widespread AI adoption.
Overall: AI is an important and influential technology, but businesses are still reluctant to use it in their work.
As businesses navigate this landscape, they are likely to adopt user-friendly applications built atop AI for smoother and more efficient operations instead of directly engaging with AI.
Read more: NBC News


š§ Yann LeCunās thoughts on AI

Credit: Future of Life
In a recent interview, Metaās AI Chief, Yann LeCun, had some interesting thoughts on the development of AI.
On Super-Intelligence:
Are we on the brink of achieving AI super-intelligence?
Contrary to Nvidia's CEO, who anticipates AI reaching human competitiveness within five years, LeCun believes we are still decades away from attaining AI with human-like common sense.
LeCun dismisses the notion of imminent super-intelligence, suggesting that the initial milestones will likely manifest as "cat-level" or "dog-level" AI.
On AI Models
When talking about the evolution of AI systems, he advocates for a shift beyond text-centric models, stressing the importance of embracing multimodal AI that seamlessly integrates audio, image, and video data.
It makes sense, given Metaās all-in mentality on combining AI with AR and VR.
On AI Chips:
LeCun's vision extends to advancements in AI chips, transcending their traditional graphical nature. He envisions a new generation of neural, deep-learning accelerators that optimize matrix and vector operations - fundamental components of neural network computations.
In simpler terms, these accelerators will be designed to tackle complex mathematical operations more efficiently, surpassing the capabilities of general-purpose processors.
Exciting times ahead for the development of AI.
Read more: CNBC


šŖ Does the military need AI?

Credit: UNU
The US military is looking to ramp up its involvement with AI.
Air Force Secretary Frank Kendall recently spoke about the urgent need for the U.S. military to swiftly adopt AI for enhanced target tracking, data analysis, and mission management.
When questioned about AIās unintended consequences, he stated that AI's role is in augmenting human intelligence rather than fueling an arms race. He also assured compliance with international law, emphasizing a human-in-the-loop approach for all lethal decisions.
Overall: The military envisions AI as integral to battle management in space, leveraging Earth observation data for strategic insights.
They urge substantial investment in AI resources and real products to harness its potential for automation and efficiency, but the real concerns will always be around their ethical and legal standards.
What do you think?
Should the military use AI? |
Read more: Space News



šļø New Episode ft. Fergal Reid, VP of AI at Intercom
Hey team! I am excited to introduce our latest episode featuring Fergal Reid, VP of AI at Intercom.
During our conversation, we discuss:
The changes in Intercomās approach to AI development,
How Intercom tackled hallucinations through prompt engineering techniques,
Key factors that helped Intercom nail AI integration,
Fergalās vision of a software revolution driven by AI,
The challenges and uncertainties of the fast-paced AI space,
and much more!
Catch this episode on YouTube, Spotify, or Apple Podcasts today!



š¤ AI Fundraising News
Together AI raises $102.5M in Series A funding to build a comprehensive cloud platform to allow developers everywhere to build on open and custom AI models.
Syrup Tech raises $17.5M in funding to bring AI to holiday shopping logistics.


šļø AI Quick-Bytes
What else is going on?
EY claims success in using AI to find audit fraud.
Can an AI chatbot be convicted of an illegal wiretap? A case against Gapās Old Navy may answer that.
OpenAI committed to buying $51M of AI chips from a startup backed by CEO Sam Altman.
ChatGPT is writing legislation now.
OpenAIās GPT Store wonāt be released until 2024.
Iām watching āAI upscaledā Star Trek and it isnāt terrible.


š¦ Tweet Post of the Day
This look into Figureās AI Robotics lab is quite fascinating š¦¾
Meet @Figure_robot, a leader in the race to build commercially viable humanoid robots.
For episode 20 of SĀ³, we got the worldās first close up look at what theyāre building.
ā Jason Carman (@jasonjoyride)
10:51 PM ā¢ Dec 3, 2023

What did you think of today's newsletter? |

And that does it for today's issue.
As always, thanks for reading. Have a great day, and see you next time! āļø


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