Everyday AI Podcast – An AI and ChatGPT Podcast - EP 265: Will ChatGPT release a new search engine this week? AI News That Matters - May 6, 2024.

Episode Date: May 6, 2024

Is OpenAI launching a search engine this week? The original worry about Google that lead to the Microsoft-OpenAI partnership.  Major U.S. newspapers suing Microsoft and Google.  ... And a lot more. ...This is the AI news that matters for the week of May 6, 2024.  Newsletter: Sign up for our free daily newsletterMore on this Episode: Episode PageJoin the discussion: Ask Jordan questions on AIRelated Episodes:Ep 260: A new SORA competitor, NVIDIA’s $700M acquisition – AI News That MattersEp 181: New York Times vs. OpenAI – The huge AI implications no one is talking aboutEp 258: Will AI Take Our Jobs? Our answer might surprise you.Upcoming Episodes: Check out the upcoming Everyday AI Livestream lineupWebsite: YourEverydayAI.comEmail The Show: info@youreverydayai.comConnect with Jordan on LinkedInTopics covered in this episode: Timestamps:00:00 OpenAI may announce game-changing chat-integrated search engine.05:42 OpenAI aims to revolutionize search process.10:35 Importance of smaller, powerful models for services.13:01 US newspapers sue OpenAI, Microsoft over copyrighted content14:40 Large language models scrape Internet data for training, including copyrighted material, raising fair use debate.17:42 Potential lawsuit between New York Times and OpenAI.23:08 Microsoft's investment in AI yields significant growth.26:05 NVIDIA leading in specialized, powerful GPU chips.29:57 Warren Buffett admits lack of understanding in AI.33:56 AI's ability to discover new drugs discussed.36:14 AI news: OpenAI, ChatJPG, EU investigation, $285M allocation.Topics Covered in This Episode:1. Investments in Generative AI and Digital Twin Technology2. The Impact and Potential Threats of AI3. OpenAI, ChatGPT, and the Upcoming Search Engine4. Legal Issues Surrounding OpenAI and Microsoft5. The Evolving Semiconductor LandscapeKeywords:Jordan Wilson, generative AI, enterprise companies, digital twins, infrastructure improvements, Biden administration, investment, Warren Buffett, AI threats, deep fakes, Eli Lilly, novel drug candSend Everyday AI and Jordan a text message. (We can't reply back unless you leave contact info) Start Here ▶️Not sure where to start when it comes to AI? Start with our Start Here Series. You can listen to the first drop -- Episode 691 -- or get free access to our Inner Cricle community and all episodes: StartHereSeries.com Also, here's a link to the entire series on a Spotify playlist. 

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Starting point is 00:00:00 This is the Everyday AI Show, the everyday podcast where we simplify AI and bring its power to your fingertips. Listen daily for practical advice to boost your career, business, and everyday life. Meet Firefly AI Assistant, now live and Adobe Firefly, the All In One Creative AI Studio. Just describe what you want to create and the assistant handles the rest, orchestrating multi-step workflows across Photoshop, Premiere Express, and more in one conversational interface. You direct the outcome. The assistant accelerates execution. Is Open AI now going straight after Google?
Starting point is 00:00:49 Speaking of Google, how did Google actually lead to the Microsoft and Open AI partnership? And what's going on with all of these U.S. newspapers suing large language model makers? All right, we're going to be talking about that today and more on Everyday AI. What's going on, y'all? My name is Jordan Wilson. I'm the host of Everyday AI. and this is your guide to learning and leveraging generative AI to grow your company and to grow your career. So thank you for joining us.
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Starting point is 00:02:17 lot more that we couldn't even fit into today's show. So if you haven't already done that, make sure to do that. And without further ado, let's get into what's going on in the world of AI news for the week of May 6th. All right. So let's start with the spicy stuff, y'all. So Open AI is rumored to launch a new. search engine based on chat GPD technology. Open AI is speculated to be launching a new search engine based on chat GPD technology, potentially challenging Google's dominance in the search market and maybe kind of taking this perplexity approach.
Starting point is 00:02:54 So the new search engine is rumored to focus on natural language interactions similar to perplexity and Google's search generative experience aiming to provide live data through AI. So reports suggest that Open AI may make a significant announcement on May 9th regarding this new search engine, hinting at a potential game changer in the search industry. So OpenAI CEO Sam Altman said that he believes that integrating search into chat GPT could revolutionize the way that people find and act on information, offering a more efficient alternative to traditional search engines like Google. So the, The intersection of large language models and search remains unexplored territory, I'd say for the most part, with potential for a more seamless and effective search experience for users.
Starting point is 00:03:47 So this could be a strategic move, actually, for Microsoft, right, which reportedly owns 49% of Open AI and is a major investor in OpenAI. And they've failed to challenge Google for search dominance, right? So it seems like no matter what Microsoft has done with its Bing search engine over the years, they've barely been able to crack any of the share. So depending on what study you look at, Google has historically owned about 90 to 95% of the U.S. search market. So this, I think, is a pretty big play that people aren't necessarily paying attention to, especially with, you know, an analyst and a lot of enterprise users being a little underwhelmed
Starting point is 00:04:31 by Google's AI offerings, including their search generative experience, which, by the way, I personally like Google's SGE, not a huge fan of their Gemini, you know, large language model, for whatever reason, Gemini has a problem talking to the internet, even though it's powered by Google. But, you know, this one's pretty interesting. So something else that's worth noting is the timing of this, right? So May 9th is just rumors, right? Nothing has been confirmed.
Starting point is 00:04:59 There is technically no announcement. But I think this is literally going to be the AI story of the week, you know, barring anything else that comes out if this does happen, right? Not only could this be a major threat to Google, a huge, you know, bolster to Microsoft, but it could also ultimately change the way that we all use search engines, right? If you've listened to the everyday AI show more than once, you've probably heard me talk about and other guests talk about how unusable the Internet is. you know, now and how bad search engines are, right? And how actually how much of a time wasteer traditional search is, right? And it's kind of built that way, right? Search engines are built on display ads.
Starting point is 00:05:43 They're built on taking you down rabbit holes. Search engines want you to click on three, four, ten pages to get a result because they make more money. And so do the online publishers. So, you know, as we saw perplexity coming to the full, you know, a little more than a year ago and essentially do that work for you, right? So if you haven't used perplexity, if you're listening to the show, I highly advise you go do that now. Like, go ahead, click pause, you know, come back later. It doesn't matter to me. But essentially, you know, it'll look through
Starting point is 00:06:14 10, 15, 20 sources and try to do all that research for you. So this is kind of the area where Open AI and its CEO, Sam Altman, say that they want to play. Also, the timing is very, I won't say suspicious here, but it's probably very intentional. Again, this is just a rumor, but Google does have their big I.O. developer conference next week on May 14th. So that's kind of why, you know, this May 9th date that was, you know, first leaked out by a very famous Twitter tipster who has a highly successful track record, you know, supposedly out of Silicon Valley, you know, saying this May 9th date.
Starting point is 00:06:55 But Open AI CEO, Sam Altman has already alluded to how open AI may want to have its place in the future of search in a conversation with Lex Friedman last month and talked about cracking the code on search, but not in the way you might think. So he essentially, Sam Altman said that Google search is just showing people 10 blue links and that there might be a better way to find that information. And he did say that Open AI is very interested in helping people find better ways and more useful ways to find that information. So he did kind of, you know, allude to that and said that he wanted to kind of be a part of that solution. So it should be pretty interesting. And a couple things to note, you know, are these early breadcrumbs maybe? But Open AI did completely change their website design last week. And something people aren't really talking about is its focus on what looks like search, right?
Starting point is 00:07:57 So if you're on the live stream here, you know, I'm showing you a screenshot of Open AI's website, but it looks like Google, right? Weird, huh? So, you know, Open AI's website previously was, you know, it just had a lot of information on it. It looked like a standard, it looked like a standard landing page, right? It looked just like a tech company putting out information. So now, if you go to OpenAIs website or Chat GPT's homepage, you get redirected to the same one. And essentially, it's just a box that says, ask ChatGPT anything, right?
Starting point is 00:08:29 So it looks very much like Google, right? A very simplified, a very simplified homepage. It wants you to go in and search and to talk to it conversationally. So a couple of their key indicators pointing to why this is likely going to happen or, you know, whether it's May 9th or next month or, you know, next quarter, I do think that this is going to happen sooner rather than later, right? So not only now do you have their homepage, which is one of the most visited websites in the world, pushing people just to use chat GPT and just Open AI in a conversational way.
Starting point is 00:09:07 But, you know, now you don't even need an account to use chat GPT. That's another thing that I think is definitely a nod to the direction that Open AI is going with this, right? just like you don't need an account to use Google, right? Go to Google.com, start searching, right? So if you go to openaI.com, you can start using chat GPT, right? It's the free version, so it's not that great. It's not going to, it's really not good at actually searching the internet in a traditional way.
Starting point is 00:09:36 But, you know, I do think that this is, you know, this new homepage design that is really geared toward looking like a search engine will lead to this, right? So again, I don't like to talk about, you know, projections a lot on the show. I like to keep it all newsbased. But, you know, this is where all the signs points. You know, also, you know, some tipsters online found this. And, you know, we're constantly monitoring this site now. But they did also register a new kind of subdomain.
Starting point is 00:10:08 So search.com. You know, and a lot of people on the back end have been looking at chat GPT and noticing this as well. So yeah, this is definitely something you have to keep an eye on. Another thing, right, is there was this mysterious new large language model that was out in the wild on the chatbot arena that we talked about last week. Hey, that's why you got to listen and watch every single day, y'all, because we cover this so you don't have to spend hours doing it. But there was a mysterious model that was, you know, reportedly from Open AI. It was kind of available for people to, quote, quote, play with and to test for about two days. then it was taken down off this, the chat board arena.
Starting point is 00:10:51 And ultimately, what a lot of people believe this was is it was called GPT2 dash chat pot. And a lot of people said, oh, this is the next version of, you know, GPT 4.5 or it's GPT5. And I said, no, I don't think so. You know what? I ultimately thought it was one of two things, but one of them might lend it to being used for a potential search engine. So it did appear to be a much smaller model, not a multi, you know, trillion parameter model. And why that's important is if you start offering a service like this, you know, if, you, you know, like a perplexity, right?
Starting point is 00:11:28 Or a chat GPT, right? If you start offering a service like this, you have to have a new, more powerful model that takes up less compute, right? In a recent trend, we've seen this with Meta's Lama, with Microsoft's Phi-3, right? You've seen these very recent over the last couple of months, these recent models that are much smaller and very powerful and focus on high-quality data and just human fine-tuning, right? Which is important because if ChatGPT were to offer a service like this and they were to essentially really go this Google route, right? Presumably more and more people are going to be using it. And they have to have a way to kind of convert people from free users to signing up, right? So people who aren't even signed up to go in to chat GPT, use it like Google.
Starting point is 00:12:17 Oh, I like this. So at least I want to sign up for a free account so I can save my searches, right? Because if you don't have a free account, you can't save your searches. So that piece is big. I think that this new GPT2 chatbot model may be the new free version of chat GPT. So maybe they're going to phase out this 3.5. which isn't very good, and maybe use this new GPT2 chatbot version, which has a knowledge cut off of November 2023.
Starting point is 00:12:44 So integrating that with Browse with Bing. I think that's what we could be looking at. Again, it's conjecture right now, but it looks like that's where all the signs are pointing. All right, don't want to spend too much time on that. So let's say we have actually so much Microsoft in Open AI News this week, but let's now talk a little bit. about these newspapers, right?
Starting point is 00:13:09 Why are these newspapers suing OpenAI and others? Adobe just introduced an entirely new way to create, bringing the power and precision of its creative suite into one conversational experience. Meet Firefly AI Assistant, now live in the Adobe Firefly app, the all-in-one Creative AI Studio. Powered by Adobe's Creative Agent, Firefly AI Assistant lets you start with your vision,
Starting point is 00:13:40 just describe what you want and shape the outcome as it takes form with the assistant. The assistant orchestrates multi-step workflows drawing on 60 plus pro-grade tools across Adobe Creative Cloud apps, including Photoshop, Illustrator, Premiere, Lightroom Express, and more to help bring your ideas to life. You can also get started with creative skills, a growing library of pre-built workflows for common creative tasks like batch editing photos, creating mood boards, portrait retouching, and creating social variations. Every step the assistant takes is visible so you can refine, redirect, or take over at any time.
Starting point is 00:14:19 You stay in the driver's seat as the creative director. Adobe Firefly AI assistant now in public beta. See it today at firefly.adopi.com. Well, let's talk about it. So major newspapers in the U.S. are suing OpenAI and Microsoft. So this lawsuit has been filed against OpenAI and Microsoft. and for alleged copyright infringement. So a group of eight U.S. newspapers,
Starting point is 00:14:48 including the New York Daily News and the Chicago Tribune, is suing OpenAI and Microsoft for using copyrighted news articles without permission or payment to train their AI chatbots. So the newspapers claim that OpenAI Microsoft have been using, quote, millions of their articles to build their businesses without compensating them. OpenAI has stated that they are engaged in partnerships with news, organizations to address concerns and to provide solutions. The lawsuit is a part of series of copyright lawsuits against Open AI and Microsoft,
Starting point is 00:15:22 with authors like John Grisham and media outlets also filing similar claims. Tech companies are essentially arguing, though, that's using publicly accessible internet content to train AI systems falls under the fair use doctrine of American copyright law, even though the content is copyrighted. So Open AI, it's worth noting in the past couple of months, has struck up a lot of huge licensing deals with various media companies, including the Associated Press, Axel Springer, Prisa Media, Lamande, and the Financial Times, among others. But these lawsuits highlight the ongoing debates surrounding the use of copyrighted content
Starting point is 00:16:03 by tech companies for AI training and its implications in the media industry's intellectual property rights and the fair use of digital content. Also, it brings attention to the need for clear guidelines and arguments between content creators and AI developers to ensure fair compensation and ethical practices and the evolving landscape of artificial intelligence technology. So more or less, if you're, you know, let me just super simplify it for you, but for the most part, large language models just scrape the entire internet and use all of that data to train their models, right? And guess what? And I won't say an old. overwhelming majority, but a lot of that content is obviously copyrighted.
Starting point is 00:16:42 So, you know, whether we think that this is right or wrong, it doesn't matter. But, you know, copyright law is kind of, it's kind of on the title card, right? Like, this is going to be being debated in courtrooms throughout the United States and throughout the rest of the world to say, hey, what does copyright law even mean anymore, right? If it's out there on the internet, regardless of if it's copyrighted, a lot of these, you know, companies such as Open AI are saying, nope, we're going to go ahead. We're going to train our model on all of this information. And we're going to go down this fair use doctrine.
Starting point is 00:17:20 And in the meantime, also, you know, strike up huge, you know, multi-million dollar partnerships with content agencies. So this does become less of a worry in the future. Also, what's really important to talk about and understand here is the New York Times case. Okay. So this is extremely important. So the New York Times sued Open AI and Microsoft back in December 2023. It's still ongoing. So the Open AI tried to get the lawsuit dismissed a couple months ago. Didn't happen. But the New York Times is alleging that Open AI and Microsoft infringed on their copyright and used millions of their articles without permission, right, to train their models. And the New York Times is seeking an unspecified amount.
Starting point is 00:18:08 but we're talking billions of dollars in damages. So yeah, billions with a B. So this one's interesting. And, you know, I've talked about this here on the show multiple times before. Kind of this is the first big domino to fall, right? This New York Times versus open AI lawsuit. I actually think it is going to impact how we consume information for the foreseeable future, right? a lot more than we may think, you know, in theory, this could go to trial.
Starting point is 00:18:42 I don't think it will actually go to trial. I don't see how it is in any, anyone's best interest for this, you know, for this to go to trial. I do think that ultimately this will be settled out of court with the settlement. But I don't see if I'm being honest. I don't see how Open AI and Microsoft win this lawsuit. I do think the New York Times made so many, so many mistakes. which, you know, had a whole hour-long podcast going over piece by piece, bit by bit, line by line of the New York Times case, which was, I think, shoddy at best.
Starting point is 00:19:17 They did not do a very good job presenting their evidence in the court case, but that's beside the point. But I really don't see any other way that this ends except for a settlement being reached. And then what does happen, right? So now you've kind of seen this second wave of newspapers, some pretty big names in the fold there with the New York Post and the Chicago Tribune. So, you know, those are two of the top 10 newspapers in the U.S., kind of falling in line after this New York Times.
Starting point is 00:19:46 So I've talked about this on the show many times, but expect to see a ton of lawsuits, especially once we get word of what is happening with the New York Times Open AI. And maybe, who knows, but y'all, the news industry is extremely tight, extremely close. So when I did see this story last week and we talked about on the show, I immediately thought, okay, does someone there in the know, know that something is coming down the pipeline with this big New York Times versus Open AI and Microsoft lawsuit? Maybe, right?
Starting point is 00:20:17 If there's people who find, you know, leaks or who can, you know, get scoops on, you know, information and where stories are heading, it's journalists, right? Like the former journalist in me says that, but that's kind of how the world works, right? Journalists, and for the most part, are always the people breaking the stories. So you also have to think, or wonder to say, okay, does this mean that someone at one of those, you know, eight major newspapers knows, right? Do they have connections at the New York Times at the New York Times publishing company, knowing which way that this lawsuit is ultimately going?
Starting point is 00:20:52 Because these things could take months, quarters, or years to finally settle, or if anything, does actually go to trial. So pretty interesting there on the timing of everything. I honestly did not expect any other big name publications to kind of launch their lawsuits, but they'll all be launching lawsuits, right? Literally, like if a company out there does not yet have a content partnership with an OpenAI, with a Google, with an anthropic, et cetera, they're probably going to be suing them, right?
Starting point is 00:21:24 So we're going to probably see dozens or hundreds of these big name lawsuits from newspapers, news organizations, content publishers, et cetera, in the coming months. But it was kind of interesting to me that this one came before there was any big news on the Open AI versus New York Times. So you have to think that there might be something in the coming weeks or months coming out of that case, which should be pretty interesting. All right. Our next piece of AI news, which, hey, I'm human.
Starting point is 00:21:57 I actually think I forgot to put the slide in here. So for our live stream audience, just follow along. But how did the Microsoft and Open AI partnership actually happen? Was part of it a fear of Google? Well, maybe. So a new European Union investigation has shown that Microsoft's involvement in OpenAI might have been from a little bit fear of Google. So the European Union is currently investigating Microsoft's investment in OpenAI,
Starting point is 00:22:29 and that has prompted the release of Google. emails from Microsoft, highlighting Microsoft's concerns about Google's AI dominance. So an email from Microsoft CTO, Kevin Scott, emphasized the urgency for Microsoft to advance in AI, particularly in natural language processing to keep up with Google's advancements. So the email at the time was sent to Microsoft CEO, Sadia Nadella, and Microsoft co-founder Bill Gates, highlighting Microsoft's lag in AI compared to open AI in Google. email was from 2019. So in the email, Scott acknowledged that maybe Microsoft underestimated the infrastructure investments made by Google and OpenAI in their AI developments. So this reportedly,
Starting point is 00:23:16 according to this emails, was a big key in Microsoft's eventual substantial investments in Open AI, reportedly totaling between $11 billion and $13 billion. And that has really propelled development in this generative AI technology, notably the widely used chat GPT chatbot and Microsoft's co-pilot offering now, which is bringing generative AI to the desktop, which is largely based on OpenAI's GPT4 model. So this is pretty interesting when this story came out, you know, essentially Microsoft saying about five years ago, like, hey, we're behind. Look at what Google is doing.
Starting point is 00:23:57 Look at what Open AI is doing. We are not doing enough. So, you know, obviously this has led to the integration inside of Microsoft's products for a lot of OpenAI and GPT4 led products, including, you know, their browsed with Bing, GitHub, Microsoft 365 products, etc. So it's going to be interesting to follow this kind of investigation and what ultimately becomes of this European Union investigation into Microsoft's investment in Open AI. because the outcome holds significance beyond just the involved companies, potentially reshaping the trajectory of AI research and development on a global scale. What's also interesting, if you look at just that blip in time on the radar in 2019, and then you fast forward to today, and you have to wonder if that email was never sent, right,
Starting point is 00:24:54 if Microsoft never would have made this substantial investment, reportedly giving them a 49% ownership stake in Open AI. So you have to think, well, what would what would have happened if that never would have happened, right? But right now, if you're a Microsoft shareholder, you're probably pretty thankful that it has happened because a lot of analysts and smart people have said that, you know, a lot of what Microsoft has been able to accomplish over the last year or two. And a lot of their success has come from their investment into generative AI technologies and a pretty successful rollout of their co-pilot offerings across their Microsoft 365 suite of products, right? And also interesting, since 2019, Microsoft's stock is up more than 220 percent since those
Starting point is 00:25:42 emails were revealed. And that is far outpacing the growth of, you know, Google and their parents' company Alphabet stock during the same time. So yes, Google is growing. It's still one of the largest companies in the world. But hey, right now, I would say Google is chasing Microsoft, right, which, you know, we just talked about Google's search dominance, but you probably wouldn't have thought maybe five years ago that Microsoft would be in the position that they are today. And maybe a lot of it does stem from some of those emails. All right, let's keep this going. So this is some new news, right? Sometimes we kind of recap the news for the week. But the Biden administration has just allocated $285 million for semiconductor digital
Starting point is 00:26:26 twin development. All right. So the Biden administration is set to fund efforts enhancing semiconductor manufacturing through digital twins, virtual models for testing and optimizing physical objects and systems. So the funding totals $285 million will support research into semiconductor digital twin development, combined physical and digital facilities, industry demonstration projects, workforce training, and the establishment of the CHIP's manufacturing US Institute. All right. So advancements, semiconductor digital twin technology supported by this funding can potentially lead to a lot of AI-driven innovations in chip development, manufacturing processes, and collaborative design
Starting point is 00:27:07 efforts within the semiconductor industry. The funding is part of the Chips and Science Act of 2022, which is a $280 billion bill aimed at boosting domestic semiconductor manufacturing. So you can't really talk about this huge piece of news, 285. million dollars essentially for digital twins without quickly talking about what are digital twins and how are they being used right now in AI? Well, it's hard to talk about digital twins without talking about invidia, right? And when you talk about semiconductors, you can't not talk about invidia, right? So essentially, if we're going to oversimplify it here, y'all, but generative AI needs a lot of compute. It needs a lot of computer power, right? And a lot of these are highly
Starting point is 00:27:53 specialized and highly specific GPU chips that Nvidia is leading in, right? So the rest of the semiconductor industry has been scrambling over the last couple of years as Nvidia has gone from a relatively unknown, you know, video game graphics company to one of the biggest companies and one of the most important companies in the world, right? Depending on which day you look at it, they're normally a top three to top four company by market cap here in the United States, right? After not even being, you know, a top 30. company about four years ago. So this does, you know, this move from the Biden White House does signal kind of the increased
Starting point is 00:28:33 need for other companies to stay competitive as well. Because right now, a lot of the other semiconductor, you know, companies here in the U.S. and otherwise are struggling to keep up with NVIDIA. So I do think that this is, this move partially is to bolster competitiveness here in the U.S. us, which will ultimately and hopefully drive down prices, right? Because right now, you know, if you're a big generative AI company or if you're just an enterprise company really wanting to incorporate generative AI into your offerings, you've got to have a lot of money, right?
Starting point is 00:29:07 A single, you know, Blackwell GPU is not going to do anything. You're probably looking at a seven to eight figure investment if you really want to get generative AI, you know, going at an enterprise company. So this, this move is pretty big and also just talking about digital twins, right? If you don't know digital twins, those aren't just avatars, you know, of yourself. And it's like, oh, that's an AI talking. No. Digital twin essentially think of it as a city or a manufacturing plant, right?
Starting point is 00:29:34 So that's before you spend, you know, hundreds of millions of dollars or maybe billions of dollars building, you know, a giant new facility, you know, huge pieces of infrastructure. Essentially, a digital twin environment allows you, again, you have to use a lot of, you know, generative AI powered by these various. powerful GPUs, but it essentially allows you to simulate everything millions and millions of times in a digital twin environment. So think of it literally like a city, right? I live in Chicago. So in theory, a city could come in and create a digital twin of Chicago and they could run simulations millions of times a day and find different ways to improve energy, find different ways to improve, you know, highways, you know, find different ways to improve infrastructure, etc. But you need a lot of compute power. So this kind of news from the Biden administration
Starting point is 00:30:29 might not sound like a lot because it's like, all right, well, whatever this semiconductor digital twin development is. But for the U.S. government to be investing nearly $300 million into essentially digital twins is a pretty big development. All right. Our next piece of AI news, matters for the week as I take a sip of water. Warren Buffett has warned of AI threats at the annual shareholders conference for Berkshire Hathaway. So famed investor Warren Buffett during the annual Berkshire Hathaway shareholders conference compared the rise of AI to the dangers of nuclear weapons expressing concerns about its potential impact. Pretty big shift there, Warren, but we'll talk about that here in a second. So Buffett highlighted the significance of AI acknowledging its
Starting point is 00:31:17 importance and the potential for both good and harm. So the Berkshire CEO shared his unease after encountering a video generated by AI using his likeness. Yeah, we're just talking about digital twins, but there we're talking deep fakes. So, you know, after encountering a video generated by AI using his likeness to deliver a message he never conveyed racing fears of potential scams in the future. So despite recognizing AI's vast potential, Buffett admitted his lack of understanding about the technology and its unpredictable outcomes.
Starting point is 00:31:50 So this highly anticipated conference in Omaha, Nebraska is known as the Woodstock for capitalists. And it featured Buffett alongside a couple other vice chairs where they discussed Berkshire's financial standing and future prospects. Here's a hot take. Well, I'm glad that, you know, finally Buffett admitted his lack of understanding about the technology and its unpredictable outcomes because previously in previous years, Warren Buffett has really underplayed what generative AI and what AI is actually capable of.
Starting point is 00:32:22 So, you know, I think it was more than more than a year ago. He, you know, essentially said that this large language model and generative AI technology was extraordinary, but wasn't sure if it was beneficial. And the beneficialism, quote, right, which is assonine to me to think that someone as smart as Warren Buffett, even a year ago could look at large language models in generative AI technology. And even at that time, right, we've talked about it here on the show as well. The magnificent seven, especially minus Tesla. So, you know, six of the largest companies in the U.S. have been pulling the weight of the entire U.S. economy at, you know, ways we've literally
Starting point is 00:33:01 have never seen before in the history of the world, right? So the fact that Warren Buffett, it took him this long to finally realize, oh, okay, yeah, this AI technology actually might be pretty good and it might be so good. It's kind of scary, right? Yeah, because a year ago, he was singing a completely different tune, kind of talking about AI that it was just a toy. He said, ah, it's extraordinary, but not sure if it's beneficial. Yeah, it's beneficial. And it's changing the way we all work.
Starting point is 00:33:27 So it's good to see that, you know, Warren Buffett may finally be on board, but it just took a deep fake of him to realize the, just how quote unquote, beneficial generative AI technology is. All right, our next piece of AI news that matters is Eli Lilly's scientist, have just said that generative AI will be help discovering drugs. All right. So scientists at Eli Lilly just recently said that the use of generative AI led to the discovery of novel drug candidates with, quote, weird-looking structures that traditional methods missed.
Starting point is 00:34:03 So if you don't know, Eli Lilly is a pharmaceutical giant that specializes in developing and producing medications to treat various health conditions. So this article just came out, but said, scientists were surprised by the AI generated decisions, sparking creativity and opening new pathways in medicine development. So the field of AI in healthcare is moving toward completely AI generated medicines in the near future, which is wild to think about, right? And when people say, oh, you know, generative AI technology, you know, can't, you know, create new intelligence, well, this just goes to show you, yeah, it can't. You know, this is one of the largest
Starting point is 00:34:41 pharmaceutical companies, pharmaceutical companies in the world. saying that large language models and generative AI will ultimately lead to discovering new medicines that human scientists have not been able to discover. Also, I mean, you can't talk about this without talking about Google's Deep Mind's AlphaFold breakthrough in 2021, as that marked a pivotal moment in applying AI to biology, revolutionizing drug development and design. What's also interesting here is Eli Lilly's scientist talked about hallucination. and how hallucinations in this case are actually a good thing. And that hallucination, so when a large language model maybe doesn't quite understand.
Starting point is 00:35:24 And it kind of goes off the rails. They're talking about, hey, hallucinations may actually, in large language models, may actually help us discover or it might help us lead to the discovery of new medicines or new breakthroughs and medical technology that we didn't know before, that we couldn't see before. So they did talk about AI's ability to hallucinate. new drugs by exploring a vast number of proteins could lead to groundbreaking discoveries, right? So we talk about hallucinations like they're a bad thing. And, you know, for the most part,
Starting point is 00:35:54 they are unless you are using hallucinations intentionally. So we've talked about that here on the show before. But I do think that that is a pretty important piece, right? And how, yes, generative AI and large language models are technology that can create new intelligence. Because when you can run, just like we talked about, running, you know, millions of simulations. in a digital twin environment. This is what medical companies are doing with protein discovery, with medicine, right? When you can run at a very high level, and as these generative AI models get smarter and smarter and more capable, when you can run millions of simulations in literally a fraction of
Starting point is 00:36:34 the time that it would take, even if you brought together all of the world's best and brightest scientific minds, you can accomplish so much more with generative AI models, right? Like we've had, you know, large, you know, large tech and pharmaceutical leaders in the world come on this very show and say as much. So I do think, you know, even like you might look at this and kind of laugh it off. Like, ah, hallucinations aren't going to lead to new drugs. Well, yeah, they are. They're definitely going to lead to news drugs. Generative AI and large language bottles and the ability to essentially have an unlimited amount of resources of, you know, all of the
Starting point is 00:37:14 top knowledge in the world. And to be able to run that at scale is extremely exciting for the future of medicine. All right. That's not it. Well, that's it for today. Hey, like, love what Cecilia said here. And thanks for our live stream audience for joining, saying hallucinations often equal extra pollitions, which generate innovations.
Starting point is 00:37:38 Man, I can't speak today, y'all. But, hey, I want to know what you think. of this AI news. So if you are on the podcast, we always put in an email, like my email, my LinkedIn. Let me know what do you think of this AI news? And just to recap, because there was a lot. So here's the AI news that matters. We're looking at Open AI and ChatTPT, potentially releasing a search engine, maybe as soon as this week. We have some new information from this European Union that's investigating Microsoft's investment in OpenAI and some emails kind of saying it was their original fear of Google.
Starting point is 00:38:20 The Biden administration allocating $285 million for semiconductor and digital twin development, eight more major U.S. newspapers suing chat GPTs, OpenAI, and Microsoft. Warren Buffett finally saying, oh, yes, this AI is actually very capable and it might be a threat. So talking about that at the annual Berkshire Hathaway Conference and researchers from Eli Lilly, recognizing the extraordinary power of generative AI when it comes to helping them find, develop, and discover new medicines. All right. I hope this was helpful.
Starting point is 00:38:59 If it was, hey, leave me a comment. If you could, share this with your friends as well, right? We spend hours literally every single day going through what's happening in the world of AI, bringing on experts, you know, putting out tutorials to help you grow your company and to grow your career. So if this is helpful, it takes about five seconds to, you know, tag a friend if you're on LinkedIn, click that repost button or if you're listening on the podcast, please leave us a review, rating, or tell your friends. All right, thank you for tuning in. We hope to see back tomorrow and every day for more everyday AI. Thanks, y'all. Meet Firefly AI assistant. Now live in Adobe Firefly,
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