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    AI 🤖Business 💼Cryptocurrency 💰Economy 🏛️Politics 🥸Stock Markets 🤑Technology 🛠️
    Posted 9/18/2023, 8:45:18 PM

    OpenAI Races to Monetize ChatGPT Dominance Before Rivals Erode Its Lead

    • OpenAI established an early lead in AI with ChatGPT but its advantage may not last as rivals catch up.

    • OpenAI is now focused on making money, earning $1 billion annualized post-ChatGPT versus just $28 million before.

    • Microsoft has invested $13 billion in OpenAI and gets most profits, while OpenAI needs vast capital for ever-bigger AI models.

    • OpenAI is morphing into a business platform, selling to corporations and developers, not just consumers.

    • Challengers like Anthropic and Google aim to loosen OpenAI's grip; the market may end up with several big general AI models.

    economist.com
    Relevant topic timeline:
    8/11/2023
    Sites scramble to block ChatGPT web crawler after instructions emerge
    Main topic: OpenAI's web crawler, GPTBot, and its potential impact on AI models. Key points: 1. OpenAI has added details about GPTBot, its web crawler, to its online documentation. 2. GPTBot is used to retrieve webpages and train AI models like ChatGPT. 3. Allowing GPTBot access to websites can help improve AI models' accuracy, capabilities, and safety.
    8/15/2023
    OpenAI proposes a new way to use GPT-4 for content moderation
    Main topic: OpenAI's use of GPT-4 for content moderation Key points: 1. OpenAI has developed a technique to use GPT-4 for content moderation, reducing the burden on human teams. 2. The technique involves prompting GPT-4 with a policy and creating a test set of content examples to refine the policy. 3. OpenAI claims that its process can reduce the time to roll out new content moderation policies to hours, but skepticism remains due to the potential biases and limitations of AI-powered moderation tools. Hint on Elon Musk: Elon Musk is one of the co-founders of OpenAI and has been involved in the development and promotion of AI technologies.
    8/16/2023
    OpenAI acquires AI design studio Global Illumination
    Main topic: OpenAI acquires Global Illumination, a New York-based startup leveraging AI for creative tools and digital experiences. Key points: 1. OpenAI's first public acquisition in its history. 2. Global Illumination team joins OpenAI to work on core products, including ChatGPT. 3. Global Illumination's previous projects include work at Instagram, Facebook, YouTube, Google, Pixar, and Riot Games. Hint on Elon Musk: Elon Musk is one of the co-founders of OpenAI and has been involved in the company's development and vision.
    8/17/2023
    Meta, OpenAI, Anthropic and Cohere A.I. models all make stuff up — here's which is worst
    OpenAI's GPT-4 performs well in terms of math and hallucination rates compared to other AI models, but it is less effective at hedging its answers, according to a report by Arthur AI.
    8/21/2023
    OpenAI snaps up role-playing game dev as first acquisition
    OpenAI has acquired Global Illumination, a company known for creating an online role-playing game, as OpenAI aims to leverage AI and their expertise to build creative tools and digital experiences.
    8/22/2023
    AI raises complicated questions about authorship
    The New York Times is considering legal action against OpenAI as it feels that the release of ChatGPT diminishes readers' incentives to visit its site, highlighting the ongoing debate about intellectual property rights in relation to generative AI tools and the need for more clarity on the legality of AI outputs.
    8/22/2023
    OpenAI opens GPT-3.5 Turbo up for custom tuning
    OpenAI now allows businesses to fine-tune GPT-3.5 Turbo with their own data, enabling customization of the model to match or exceed the abilities of GPT-4 for specific tasks.
    8/23/2023
    We're talking about AI a lot right now – and it's not a moment too soon
    The rapid development of AI technology, exemplified by OpenAI's ChatGPT, has raised concerns about the potential societal impacts and ethical implications, highlighting the need for responsible AI development and regulation to mitigate these risks.
    8/24/2023
    OpenAI partners with Scale AI to allow companies to fine-tune GPT-3.5
    OpenAI plans to partner with Scale AI to make it easier for developers to fine-tune their AI models using custom data, allowing businesses to tailor models to specific tasks and customize responses to match brand voice and tone.
    8/24/2023
    The problem behind AI's political 'bias'
    A research paper reveals that ChatGPT, an AI-powered tool, exhibits political bias towards liberal parties, but there are limitations to the study's findings and challenges in understanding the behavior of the software without greater transparency from OpenAI, the company behind it. Meanwhile, the UK plans to host a global summit on AI policy to discuss the risks of AI and how to mitigate them, and AI was mentioned during a GOP debate as a comparison to generic, unoriginal thinking and writing.
    8/27/2023
    Entering the age of artificial truth
    The use of AI tools, such as OpenAI's ChatGPT, is raising concerns about the creation of self-amplifying echo chambers of flawed information and the potential for algorithmic manipulation, leading to a polluted information environment and a breakdown of meaningful communication.
    8/28/2023
    OpenAI debuts ChatGPT Enterprise — 4 times the power of consumer version
    OpenAI has released ChatGPT Enterprise, a faster and more secure version of its chatbot tool, which offers unlimited access to GPT-4 at twice the performance speed and improved privacy and security standards.
    8/31/2023
    OpenAI angles to put ChatGPT in classrooms with special tutor prompts
    OpenAI has proposed several ways for teachers to use its conversational AI agent, ChatGPT, in classrooms, including assisting language learners, formulating test questions, and teaching critical thinking skills, despite concerns about potential misuse such as plagiarism.
    9/1/2023
    There's no way for teachers to figure out if students are using ChatGPT to cheat, OpenAI says in new back-to-school guide
    OpenAI, the creator of ChatGPT, has stated that AI detectors are unreliable in determining if students are using the chatbot to cheat, causing concern among teachers and professors.
    9/1/2023
    Millions More Could Get Overtime, ChatGPT For Business And Mental Health Spending Skyrockets
    OpenAI launched its enterprise product for businesses, Walmart announced its own AI feature for employees, and Intenseye is raising new funding for its workplace safety AI technology.
    9/7/2023
    ChatGPT Traffic Declines Slow As Students Return For School
    OpenAI's ChatGPT, the popular AI chatbot, experienced a decline in monthly website visits for the third consecutive month in August, but there are indications that the decline may be leveling off, with an increase in unique visitors and a potential boost from schools embracing the platform.
    9/9/2023
    Expand ChatGPT Capabilities with 900+ Plugins for Games, Travel, Health and More
    OpenAI offers ChatGPT plugins through its ChatGPT Plus subscription, providing access to a range of plugins that allow users to interact with external apps and services for various purposes such as travel arrangements, food delivery, job applications, and language learning. The article provides a step-by-step guide on how to access and use these plugins, along with a list of recommended plugins including AI Quest, A Review Summary, A-to-Z Video Summary, Calorie Coach, HiCollectors Finder, Kayak, Music, Podcast Search, Timeport, and What to Watch.
    9/11/2023
    AI Bots Code Software Programs in Minutes for Pennies, Study Finds
    AI-powered chatbots like OpenAI's ChatGPT can effectively and cost-efficiently operate a software development company with minimal human intervention, completing the full software development process in under seven minutes at a cost of less than one dollar on average.
    9/11/2023
    Meta Building New Open-Source AI Model to Rival OpenAI's GPT Systems, Plans 2024 Release
    Meta is developing a new, more powerful and open-source AI model to rival OpenAI and plans to train it on their own infrastructure.
    9/11/2023
    AI's Thirst for Data Drains Iowa's Water
    Microsoft-backed OpenAI has consumed a significant amount of water from the Raccoon and Des Moines rivers in Iowa to cool its supercomputer used for training language models like ChatGPT, highlighting the high costs associated with developing generative AI technologies.
    9/12/2023
    Microsoft Bets on AI to Democratize Game Development, But Some Worry About Impacts
    Artificial intelligence (AI) has the potential to democratize game development by making it easier for anyone to create a game, even without deep knowledge of computer science, according to Xbox corporate vice president Sarah Bond. Microsoft's investment in AI initiatives, including its acquisition of ChatGPT company OpenAI, aligns with Bond's optimism about AI's positive impact on the gaming industry.
    9/15/2023
    Google Rolls Out AI Tools to Compete With ChatGPT, Offers Gemini to Select Companies
    Google has provided a select group of companies with early access to its conversational AI software, Gemini, which aims to compete with OpenAI's GPT-4 model and will be available through its Google Cloud Vertex AI service.
    9/19/2023
    Google Upgrades Bard AI Chatbot, Adds Links to Google Services and Research Tools
    Google aims to improve its chatbot, Bard, by integrating it with popular consumer services like Gmail and YouTube, making it a close contender to OpenAI's ChatGPT, with nearly 200 million visits in August; Google also introduced new features to replicate the capabilities of its search engine and address the issue of misinformation by implementing a fact-checking system.
    9/21/2023
    OpenAI Announces Next-Generation DALL-E 3 AI to Create Images from Text
    OpenAI is set to release DALL-E 3, an improved text-to-image AI system, which can generate results within the ChatGPT app and has enhanced capabilities in understanding user prompts and creating specific elements in images.
    9/21/2023
    Open Source Software Laid the Groundwork for Today's AI Boom
    Open source and artificial intelligence have a deep connection, as open-source projects and tools have played a crucial role in the development of modern AI, including popular AI generative models like ChatGPT and Llama 2.
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