LEAKED: Open-source will win AI rat race, not Google or OpenAI. The Kings of AI meet with Biden. Meta's secretly hires chip experts.
GM, and happy Sunday! Welcome back to another AIcyclopedia newsletter.
BIG NEWS: The day is finally here… AI-powered Microsoft Bing is now available to everyone! No. More. Waitlists. 🎉 🥳
In AI news, here’s what we’ve got for ya today:
Top AI CEOs meet with President Biden
‘Godfather of AI’: AI risks are “more urgent” than climate change
Google engineer reveals that open source will win AI race
Meta secretly hires chip experts
AI News: The Headliners 🏁
1/ Top AI CEOs meet with President Biden
Alright, so what happens when you put the POTUS and the top AI CEOs in a room to discuss the fuzzy future of AI?
Well, it finally happened.
[The News] On Thursday at 11:45 AM ET, the President and top AI CEOs, including Google’s Sundar Pichai, Microsoft’s Satya Nadella, and OpenAI’s Sam Altman, just to name a few, gathered at the White House for an oh-so-necessary meeting.
Here’s the skinny:
The topics covered were:
AI companies’ transparency with policymakers about AI systems & products
The significance of assessing current and future AI-related systems
The need to mitigate malicious attacks
Kamala Harris addressed the CEOs and stated that they have the “legal responsibility” to protect users’ safety.
The administration announced a $140 million investment from the National Science Foundation to launch 7 new AI research institutes.
Altman spoke with reports about the meeting and stated that “we’re surprisingly on the same page on what needs to happen.”
[Why this matters] Inviting the leaders of AI for a meeting with the administration can only mean one thing: Things are getting serious.
Harris said in a statement:
“Government, private companies, and others in society must tackle these challenges together…President Biden and I are committed to doing our part—including by advancing potential new regulations and supporting new legislation—so that everyone can safely benefit from technological innovations.”
Looking forward… In the coming months, AI is going to continue to evolve as regulation begins to intertwine itself with the development process.
How fast will it take off? Well, at this rate, we can assume some major changes will surface very soon.
Stay tuned…
****
2/ ‘Godfather of AI’: AI risks are “more urgent” than climate change
In an interview with Reuters on Friday, Geoffrey Hinton, AKA the ‘Godfather of AI’, stated that AI could pose a “more urgent” threat to humanity than climate change.
To all the climate change advocates out there, he clarifies by saying:
“I wouldn't like to devalue climate change. I wouldn't like to say, 'You shouldn't worry about climate change.' That's a huge risk, too. But I think this [AI] might end up being more urgent."
His reason?
We know how to slow climate change: stop burning carbon.
Figuring out how to deal with AI is much harder and more unclear at this time.
[Why this matters] Hinton announced his resignation from Google just a few days ago, and this is one of his first interviews since then.
Hinton's influence in the AI sector is significant, therefore, the more he speaks out against the dangers of AI, the more likely we will see beneficial improvements in the near future.
Want to sponsor a future newsletter and share your business with our growing list of followers?
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AI News: The Shorts 🩳
3/ Google engineer reveals that open source will win AI race
[The News] An engineer at Google has said the company is not prepared to dominate the field of artificial intelligence.
The reason?
Because open-source technology developers make their work available for utilization by anyone and everyone…
...meaning that *hint* there is no secret elixir Google—or any AI company for that matter—has hidden away in a secret vault.
The engineer continued and wrote in the leaked online document that:
The uncomfortable truth is, we aren’t positioned to win this arms race and neither is OpenAI. While we’ve been squabbling, a third faction has been quietly eating our lunch.
Looking forward… According to the Google engineer, open-source AI developers were “already lapping us,” while also citing examples to prove his point.
And in comparison to what Google has going on right now in the AI space, he writes that:
While our models still hold a slight edge in terms of quality, the gap is closing astonishingly quickly. Open-source models are faster, more customisable, more private, and pound-for-pound more capable.
He finalizes by saying that “our best hope is to learn from and collaborate with what others are doing outside Google.”
****
4/ Meta secretly hires chip experts
[The News] Meta confirmed that the company has hired an Oslo-based team that previously worked at British chipmaker Graphcore to develop AI networking technology.
This comes after Reuters identified 10 people from Graphcore who changed job positions to Meta earlier this year.
[Why this matters] According to the White House, Meta is not considered one of the AI leaders in the industry right now—hence the absence of an invitation to meet with the administration this week.
But this move by Meta means that we can assume there is a proprietary project (probably in the chip space) underway that is in the works.
How will it compare with Nvidia's or even Microsoft’s chip? We might have to wait until 2025 to find out.
FYI…Graphcore was once valued at $2.2 billion but faced a setback after Microsoft backed out of a deal to buy their chips. Instead, they went with Nvidia’s GPU.
Your AI news break 🥳
AI News Tid Bits…
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That’s it for today!
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See you next Thursday 👋🏻