Everyday AI Podcast – An AI and ChatGPT Podcast - EP 369: AI News That Matters - September 30th 2024
Episode Date: September 30, 2024Is ChatGPT's price going to double? Why did California's Governor veto the state's AI bill? What's new in Meta's Lllama 3.2? This week in AI news was quite literally nonstop. ...We'll answer those questions and more on our weekly AI news that matters show. Newsletter: Sign up for our free daily newsletterMore on this Episode: Episode PageJoin the discussion: Ask Jordan questions on AIUpcoming Episodes: Check out the upcoming Everyday AI Livestream lineupWebsite: YourEverydayAI.comEmail The Show: info@youreverydayai.comConnect with Jordan on LinkedInTopics Covered in This Episode:1. California AI Safety Bill2. OpenAI Changes and Updates3. Google Updates4. Meta's New Models5. FTC AI RegulationsTimestamps:00:00 Governor Newsom vetoed California's stringent AI bill.03:37 Influential figures warn of AI's severe risks.08:25 Implementing the bill stifles innovation and economy.12:40 OpenAI aims for $100B revenue by 2029.15:52 Apple exits OpenAI funding round amid negotiations.19:10 OpenAI faces significant leadership changes amid restructuring.23:28 Meta's Llama models: open weights, not open source.26:32 Microsoft launches AI Correction feature to enhance accuracy.30:14 Google's Gemini AI now included in Workspace.32:45 OpenAI restructuring to for-profit, boosting investor appeal.35:19 Advanced voice mode now available to subscribers.40:17 Advanced voice mode incompatible with comprehensive tasks.42:28 Major executive departures, Meta unveils models, FTC crackdown.Keywords:AI Voice Assistants, AI response time, Advanced Voice Mode, California AI Safety Bill, SB 1047, Gavin Newsom, OpenAI, OpenAI price increase, Chat GPT Plus, Chat GPT Plus subscription, OpenAI financial projections, AI industry trends, Apple-OpenAI partnership, AI executive departures, non-profit to for-profit transition, Mira Muratai, AI industry regulation, AI misuse regulation, Meta Announcements, Llama 3.2 model, Meta Creator AI, AR Glasses, FTC Operation AI Comply, Microsoft AI Correction Feature, Google Gemini Integration, AI regulation debate, Everyday AI podcast, Jordan Wilson, Advanced Voice Mode in ChatGPT, AI accountability. Send 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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This is the Everyday AI Show, the Everyday Podcast where we simplify AI and bring its power to your fingertips.
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California's proposed AI bill is no longer happening.
Is chat GPT's price going to more than double?
Why does Apple not want in on the open AI funding round anymore?
And what's going on with Meta's new large language model?
My gosh, there is so much happening in the world of AI.
it is hard to keep up, even as someone that spends hours a day doing it.
But let me tell you, you should not be spending hours a day trying to keep up with AI.
You should just be tuning in for our weekly segment, the AI news that matters.
All right, we're going to be tackling all of those topics and a whole lot more today on everyday AI.
What's going on, y'all?
My name's Jordan Wilson, and I'm the host of Everyday AI.
This thing is for you.
It is a daily live stream podcast, free daily newsletter,
helping everyday people learn and leverage generative AI
to grow their companies and their careers.
Yeah, we do this every Monday through Friday.
It's unscripted, unedited, the realest thing in artificial intelligence.
So don't waste so much time trying to keep up with AI.
Mondays, pencil us in, you know, pencil us in.
We'll bring you the AI news that matters.
All right.
So yeah, we do this almost every single Monday.
So you don't have to, you know, spend.
hours every single day trying to be like what's this new model what's happening with open
AI my gosh there's so much happening with open AI all right so thank you all for tuning in
michael uh tune in live hey i love it when our live stream audience technically beats me to
the punch so thank you for tuning in live kurt and marie and philip and uh manchara ralando
tera chris j everyone appreciate it all right let's get into it y'all let's get into the
AI news that matters for this week. All right, the first one is a biggie. We've been wondering for
weeks what California Governor Gavin Newsom was going to do in regards to the AI, quote unquote
safety bill, right? The AI safety bill that was signed and on his desk waiting for his
signature to become law. Well, he vetoed the landmark AI safety bill, SB 1047, leaving
some industry accountability in question. So California governor Gavin Newsom vetoed the California
AI Bill SB 1047, a bill that its proponents said would impose extensive regulations on the AI
industry, which was passed overwhelmingly by California legislators. So the bill would have held
tech companies legally accountable for harms caused by AI models that in also a.
required a quote unquote kill switch for AI systems in case of misuse.
In his veto message, Newsom acknowledged the bill's good intentions, but argued that its
stringent requirements could hinder innovation among smaller AI companies.
So major tech players, including Open AI, Anderson Horowitz, lobbied against the bill
claiming it could stifle growth and innovation in the AI sector.
Conversely, influential figures like Elon Musk and prominent AI scientists supported the bill,
warning of severe risk posed by powerful AI models, including potential cyber attacks and misuse
of technology. Other states, such as Colorado and Utah, have implemented narrower laws
addressing specific AI-related concerns, while California has seen a mix of legislation aimed at
regulating AI technology. Also, this kind of AI bill,
from California that was ultimately vetoed was kind of almost seen as a testing,
kind of like testing the waters for a federal bill that, you know,
I personally don't think is going to happen for a very long time.
But right now the lack of federal legislation on AI safety remains a pressing issue
as billions of dollars are being invested into AI development without adequate protections
for the public.
And yes, why, why California?
well, most of these tech companies are based in California, right?
Funny, Elon Musk there, you know, chiming in, although he's moving all of his companies out of California.
So these would, in theory, not be impacting his companies.
So let me tell you this.
Let me just cut it down and get through all the BS, right?
I think California's governor had two different kind of major influencers on the outside, right?
trying to get in his ear. You had big tech, right? So you had your Anthropics, you had your Open AI,
your Google, right, all these companies based in California. And then you had your Hollywood, right?
You know, Hollywood doesn't like AI. It's literally and quite figuratively coming for their jobs.
And big studios are trying to kind of unleash AI every single place they can to save money.
And we've seen some pretty big announcements, right?
James Cameron joining the board of stability AI.
I mean, we saw last week runway getting into a partnership with Lionsgate, a major AI studio.
So it looks like for the most part, Hollywood is going to be disrupted probably in a bad way when it comes to human jobs by AI.
yet so many of the big tech companies building these AI models and kind of the future of AI innovation are from California.
So I don't think like regardless of what side of this bill that you may have chosen to be a side of,
there's major, major players on each side, kind of pulling the governor is saying,
hey, these are reasons why you should sign it.
These are reasons why you should not send the bill.
This is important to talk about.
this bill has been more than a year in the making it's been a long time in the making and california has
passed and the governor has signed other ai bills right this isn't a a one-all be-all bill right but i think
this is one of those situations where uh i don't think governor newsom was quite confident enough
uh i i think by vetoing it and you know kind of siding with the bill's proponent and saying yes there is a need for
this. You know, yes, we do need more safety. We need some sort of legislation. So by vetoing the bill,
yet kind of agreeing with the proponent's cause and just saying, hey, it's not quite there yet,
I think all this does is kick the can down the road until the next legislative session. I do believe
that eventually California will have some version of this 1047 bill passed. I don't think it's
going to be kind of this first big version, especially since Gavinor Newsom signed, I believe it was
eight different AI bills in the last couple of months. So I think that, you know, this kind of two sides
kind of fighting is not going to stop in California. I also do not think, if I'm being honest,
I do not think that California is going to be the state that is, you know, kind of setting the
trend in terms of AI legislation, at least, you know, kind of one overarching bill.
They, they can't, you know, they're those two sides, right?
There's too much political power.
There's too much money, right?
There's too many lobbying dollars for California to be that first state.
I don't think it's going to happen.
And if I'm being honest, right, I was a former journalist.
I covered government at the highest levels, right?
U.S.
Senate, state Senate, governors.
et cetera, I don't think there is going to be a federal bill regarding AI. There won't. I mean,
one of the reasons and what Governor Newsom said is true, whether you love him or you hate him or you
don't care, speaking of, he has great hair, right? Here's the thing. You cannot implement a bill
of this nature without it stifling innovation, period. It's too vague. It's too vague. It's, it's too
And when so much of the world's artificial intelligence and generative AI innovation with all the large language models is coming from California.
Actually, I think implementing this bill because it could be broadly interpreted if passed could have been very bad.
Right.
It could have been very bad for not just for these companies and for the quote unquote industry in general, but it could have been bad for the U.S. economy.
Right.
You know, essentially if a big large large industry.
language model maker had one small bug that went to production. It could have really crushed them.
So I personally, you know, I never like to choose sides here. I do choose the side of what
Governor Newsom's actually saying is this bill as it was written as it was presented is not ready,
but there is something that is needed. But, you know, I'd love to hear. I'd love to hear from our
audience. And, you know, Fred saying, will the California bill spread to other states?
yeah I think it will um I think there's other states that want to kind of um you know stick their flag
down and say yes we are regulating AI at a high level I don't think the stakes are very high if
I'm being honest in many other states right California has the overwhelming majority of all the tech
companies all the AI companies so I do think we will see a similar piece of legislation probably
passed and enacted in other states, but it's not going to matter. In most other states, the stakes
are low. In California, the stakes are high, not just for the state of California, but for the
industry and for the U.S. economy. So I don't see anything this broad being passed in a state
like California. All right. Let's keep going with the AI news that matters. Yeah, that intro caught
Jackie's attention asking will chat GPD prices increase? Well, maybe. So Open AI, according to
reports, is planning some significant price hikes for chat GPT plus amid some reported financial
losses. So according to reports from, I mean, everyone was on this, Reuters, the New York Times,
Bloomberg. So according to reports from reputable companies, Open AI is facing some substantial financial
challenges prompting plans to increase subscription prices for its chat GPT plus service in the coming
years. All right. So yeah, this isn't going to be into effect tomorrow. But according to those
reports, Open AI is aiming to increase the monthly fee from $20 to up to $44 by 20. So yeah,
in five years, they are reportedly planning to increase the price.
price from $20 a month to $44 a month.
So that one is according to the New York Times.
Here's the thing, y'all.
That's not that bad, if I'm being honest, right?
I do think services like ChatGBT, GBT, like Anthropics Claw and sometimes Gemini,
depending on how you're using it, they are well worth that $20 a month.
Even if you're talking about in an enterprise setting for hundreds or thousands of employees,
It's worth it. And also $44 by 2029. I mean, inflation's going just as crazy, right? You know, who knows? We might be paying $44 for, I don't know, a t-shirt by 2029. So despite projecting some different reports saying that Open AI could lose up to $5 billion this year, they have reportedly brought in almost $4 billion in annual sales.
this year. So this is according to some leaked documents that reporters obtained regarding
OpenAI's funding round that we've been talking about here on the show as they are set to close
this $6.5 billion funding round, which would make it the largest funding round for a startup
ever in the United States. So this ambitious pricing strategy is part of a broader goal to reach
$100 billion in corporate revenue by that time by 2029, aligning open AI with major corporations
like Nestle, Target, and others. Yeah, thinking of chat GPT, you know, and open AI bringing in
$100 billion in 2029 on the surface might seem a little wild. I don't think it is.
So Open AI reported a pretty remarkable $300 million in monthly revenue as of August, marking
a staggering 1,700% increase since the start of 2023.
So projections suggest that Open AI's revenue could reach $4 billion by the end of this year
and almost $12 billion by the end of 2025, according to financial documents reviewed by the New York Times.
And yeah, like I said, despite all this growth, there has been reporting from the information
and others that Open AI is set to lose up to $5 billion.
million dollars this year. And you might be thinking, well, why? Well, number one, a lot of these
smart AI engineers are getting more money than MBA players, right? They're literally getting
six figure salaries like $300,000 to start. The equity is nutty. So I mean, you got to pay a lot
to get the world's top and most in-demand talent right now. Also, the inference cost,
the training costs are through the roof, right? I've seen reports anywhere from
you know, $500,000 to $800,000 a day. So yeah, it does kind of make sense how a company as big as
open AI that is reportedly bringing in $300 million in new revenues a month could be losing money.
But I do think that is par for the course, right? I think if you, you know, if Google were to
release its numbers, if Anthropic were to release its numbers, this would not be an isolated
trend of a large language model maker losing money.
Well, why? Because I think right now it is a fight for users, right? And what that means is we are getting a bargain. I've been saying this since the day, every day AI started. It's easily, these tools are easily worth hundreds of dollars a month per seat per user because you can easily, right? If you are a manual knowledge worker, if you sit in front of a computer every single day, easily you can win back 30 to 40% of your time if you invest correctly. If you teach yourself.
and teach others correctly. So it's definitely worth, you know, $20, $40, $44 a month.
All right. Speaking of those funding talks from OpenAI, Apple is reportedly out.
So Apple, according to reports, has exited Open AI's funding round amid the investment surge.
So Apple was in talks to join Open AI's funding round expected to raise $6.5 billion, which
would value the company at more than $100 billion.
But the Wall Street Journal reported that Apple has left the negotiations,
which are set to now close next week, right?
Last week we heard they were closing last week.
Now it seems like they're closing in another week or so.
But Apple has left the negotiations highlighting the competitive landscape.
So other tech giants like Microsoft and Nvidia remain in discussions to invest
with Microsoft expected to contribute.
another $1 billion after already investing $13 billion in Open AI. So Apple's decision to step back
reportedly from the investment discussions come at the last minute and is seen as kind of a rare move
given that Apple typically does not invest in other external tech companies, right? So unless Apple
is acquiring tech companies, they generally do not invest in other tech companies. So that
That's why, you know, even when Apple was originally thrown in,
thrown in the ring with all the other companies,
I was like, okay, that's interesting.
That's very un-apple of Apple to do.
But Apple is continuing to work with Open AI,
obviously in a non-financial partnership,
integrating chat GPT into Apple's iOS 18 in their Apple intelligence
and to also power series new updated AI capability.
abilities. So if I'm being honest, I'm not sure about this move from Apple, right?
On one hand, Apple very publicly is getting behind open AI, right? Essentially, let's let's call
a spade, a spade here, y'all. Apple rushed their Apple intelligence, even though they were
the last big company to come out with an AI offering, right? It's in beta right now, and
their 18.1, their iOS 18.1 for iPhones or, you know, Mac OS 15.1 for their operating system.
So they're behind. The rollout was very underwhelming. It's very Apple's approach to AI has been
subpar, if I'm being honest, right? But essentially Apple's trying to handle as much as they can
on device with their own internal small language models. And then for everything else,
they kind of pass it off to OpenAI and their chat GPT service.
So Apple, if you were very publicly promoting Open AI, right, and essentially that is an admission
of failure, right?
You were saying, hey, we couldn't build something powerful enough to do this on our own.
So we are having to go into a partnership with Open AI to handle the more complex queries,
yet you don't want to get in on the investment round.
So it's almost sending mixed.
signals or mixed messages from Apple.
All right.
More Open AI news.
Yeah, sorry, y'all.
There's a lot this week.
So Open AI is facing some major executive departures amid some restructuring plans.
So Open AI is undergoing some significant leadership changes as three top executives all
announced their departure on the same day, raising questions about the company's future
direction.
Also, these shifts come at a critical juncture as Open.
AI is transitioning, according to reports, from a nonprofit to a for-profit model.
So some of the three big names that are now out the door, chief technology officer, Mira
Miratai, Chief Research Officer Bob McGrew, and Vice President of Research Barrett Zoff
are all leaving Open AI with Muradis' exit being particularly notable, given her key role
in developing technologies like Chachybt and Dolly.
And aside from Sam Altman, she has probably been the most visible executive at the company over the last six months.
Marotti expressed that her six and a half years at OpenAI were a privilege stating that the timing felt right for her to step away.
So yeah, essentially she announced her departure the day after Open AI released a pretty significant update in the advanced voice mode.
So now what about this restructuring thing?
Well, Open AI is restructuring its efforts to aim to enhance its for-profit capabilities as discussions go on for its funding round that could value the company at $150 billion.
So some team members are reportedly dissatisfied with the shift from the original nonprofit vision to a for-profit, which has implications for the company's culture and employee morale.
All right.
So we'll have more on open AI later in the show and more on that shift from a nonprofit to a for-profit.
All right.
Meta just dropped a ton, y'all.
There's so much happening this week.
So let's talk about meta.
They've unveiled their Lama 2, their first multimodal model.
So meta had a lot of AI surprises in updates in store at its MetaConnect conference.
last week. So the biggest one, I'd say, at least for all of you, following AI, would be the Lama 3.2
models that now come in four sizes. We have the 1 billion and 3 billion parameters. So kind of the
small models that are for edge AI or on device AI. And then the 11 billion parameter and 90 billion
parameter for multi-model AI. So kind of the bigger ones that can handle and output
images. 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, 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. You stay in the driver's seat as the creative director. Adobe Firefly AI assistant now in
public beta. See it today at firefly.adobie.com. So the standout features are the 11B and 90B
parameter multimodal models, which are the first true multimodal versions from meta optimized for
performance and privacy and can even run on high end gaming laptops. So model llamas, uh, open source
design allows for extensive customization, enabling companies and governments to create tailored versions
of the models. So, you know, there's a lot of arguments, okay, as Meta's Lama open source or
is it just open weights? I mean, I'd usually say the latter, but I'll let you guys figure out.
For the most part, you know, people call Meta's Lama models open source because you can download
them, you can fork them, you can build off of them, but, you know, we won't get into the semantics
on the definitions.
So Lama 3.2 can also enhance smart devices.
Yeah, there's a lot of that from meta as well.
They announced some new updates to the Rayban glasses,
which now can allow users to receive contextual information about their surroundings,
simply by looking at their surroundings.
A couple other big meta announcements.
They also introduced Meta Creator AI,
which is a set of AI tools that can recreate influencers
in auto-dub reels and different levels.
languages, enhancing creator reach and competition with TikTok and YouTube, what they've been
releasing on the AI side.
Then also meta unveiled their new AR glasses.
They're not released yet, but these glasses are codenamed Orion.
Funny.
That's the same reported codename for OpenAIs GPT5.
So the new smart glasses, AR glasses that were demoed called Orion were showcased also at MetaConnect.
highlighting the company's vision for the future of augmented reality, although, like I said,
they're not available for purchase yet. Oh, wow. Y'all, we're barely halfway through. I got to
pick this up. I'm either going to have to start talking on 2X or you're going to have to listen on
2X. All right, here we go. There's more, y'all. The FTC is cracking down on AI-driven
deceptive practices in what they're calling Operation AI comply. So the FTC is cracking. The FTC is,
FTC has launched Operation AI comply, targeting companies that use AI tools to mislead consumers,
emphasizing that there is no exemption for AI in existing laws.
So among the companies facing some action, at least some of the more notable companies,
would be do not pay, which according to the FTC has falsely claimed to offer an AI service,
capable of replacing human lawyers, leading to a proposed settlement requiring it to pay $193,
and notified customers about the services limitations.
So the FTC's efforts to protect consumers
and ensure that honest businesses can thrive
without being undermined by deceptive practices
is probably welcome by most.
And yeah, if nothing else,
this is a warning to companies out there
that don't just slap AI on your product, on your marketing,
and put lofty promises out there
because now the FTC with their operation AI comply
can come and hitching.
you with some fines. All right. And we'll see. Do not pay, I'm guessing, we'll probably pay that fine.
You don't want to be in trouble with the Federal Trade Commission. All right. Speaking of trouble,
hallucinations, they're terrible, right? Well, Microsoft has introduced a, I won't say this is
controversial, but this feature has kind of divided on the community on if people say this is possible
or not, but Microsoft has introduced a new correction feature to enhance AI accuracy. So Microsoft is
making headlines with the launch of a new AI feature called correction aimed at addressing
inaccuracies and hallucinations in AI output. So the correction feature right now is available in
or will be rolling out in Azure AI and it aims to address AI hallucinations on the fly,
offering more accurate outputs by detecting and correcting them before they can reach users.
So once activated, the correction system scans AI outputs for inaccuracies by comparing them
against a customer's source material, highlighting mistakes and rewriting the content before the user sees it.
So while this feature aims to reduce misinformation generated by AI, Microsoft acknowledged that it still may produce errors
as it relies on both small and large language models to align outputs with grounding documents.
So, yeah, interesting.
We are already getting at the point where big companies are introducing AI solutions to reduce errors caused by their other AI solutions,
which is kind of ironic when you think about it, right?
But also probably a good thing, right?
We've, you know, speaking of meta, one thing that meta CEO, Mark Zuckerberg was talking about is, you know, the open source nature of the Meta Lama as well using it to create, uh, to create synthetic data for other models.
So I don't think that this kind of correction feature from Microsoft is, is wild by any means of the imagination.
I think it's actually going to be standard, right?
I think we are going to see AIs creating synthetic data for other AIs and we are going to be using,
different AI and small and large language model systems to fact check what we get from other
AIs.
I know it sounds weird, right?
A bunch of AIs working in a circle, but that's kind of the future of agentic work with AIs,
right?
Is assigning different AIs, different roles, and essentially having them fact check each other
or help each other.
So yeah, it might sound weird or a little, wait, are we just giving this to AI?
there still needs to be humans in the loop, right?
Still, you need to improve the quality of your output and input
and still have humans checking the output
before you blindly copy and paste something out of a large language model.
But, you know, hey, this new correction feature,
I think is actually going to become the norm.
All right, Google news.
Yeah, Google saw everything Open AI was doing
and they're like, we're not gonna sit on the sidelines.
So Google has announced that now,
Now its Gemini AI will integrate directly into workspace, expanding access for millions of users.
So Google's announcement to incorporate Gemini AI as a standalone feature instead of an add-on
in its workspace productivity suite is a pretty big move that could enhance the productivity for millions of users.
So now the standalone Gemini app will be included in the workspace business, enterprise, and frontline plans.
starting in the fourth quarter, which is like what tomorrow.
So we'll see how long this takes to actually roll out.
But this eliminates the need for a separate purchase.
Yeah, because right now, depending on the plan,
you would have to be purchasing the Gemini AI add-ons
for an additional $20 to $30 per user per month.
So now Google has announced that that will not be the case
and it will just be included in the workspace business.
However, there's no clear indication.
that the price for workspace business will not go up.
And I also think if I'm being honest,
this is probably a move by Google to say,
way more people now are accessing or accessing their AI, right?
Their Gemini, because now, you know,
whereas maybe, I don't know,
five to 10% of people were paying for this feature,
now everyone's going to, quote, unquote, have access to it.
So this could be, you know, kind of a two-tiered approach here,
right? They obviously want more people using their Gemini AI so they can collect more data, train the model, make it better based on user feedback. But they also want to have more numbers. Right. We saw this report from, from Open AI. Some of their numbers leaked amid their funding round talking about their usage, talking about their, you know, bringing in $300 million in revenue in August. And I think that Google wants to have some gaudy numbers as well.
And I do think it's front-end Gemini model struggles, right?
If you just are using it as a front-end user, I do think their Google AI studio is fantastic.
The Notebook L-LM, fantastic, which is based on the Gemini model.
Also, Notebook LM had some great features and updates that we covered them in the newsletter this week.
The ability now to upload audio files, PDFs, YouTube videos, et cetera, you know, great.
So I think this is one of those cases right now.
where Gemini wants more training data.
They want more users using the platform.
And if I'm being honest,
it was very difficult to actually enable Google Gemini, right?
I literally had to do a dedicated training video for admins on how to enable the Google Gemini
AI within their workspace because it was so convoluted.
It was like going through a freaking maze.
It is so hard, right?
Compared to Microsoft co-pilot pro, chat GPT Plus.
you know, Claude Pro, all these other AI systems, pretty easy, pretty simple, right?
You almost got to have like a black belt in Dork in order to enable Google Gemini right now across your organization.
So hopefully what this will mean in the coming weeks and months is it'll be a little easier.
And, you know, who knows?
I think there's a couple different motives here from Google, aside from just giving everyone access.
They want to pump those numbers.
All right.
We referenced this, but let's talk a little bit more about,
Open AI's plan for a major restructure from a four into a nonprofit to a for profit.
So according to reports from Reuters, this restructuring will remove the nonprofit boards
control over the for profit entity, potentially making Open AI more appealing to investors
and allowing for greater operational flexibility. So CEO Sam Altman will reportedly receive up to
70% equity and the new for-profit structure for the first time, which could be valued at
$150 billion post restructuring as the company seeks to eliminate the cap on investor returns.
So yeah, reports did indicate that Altman could receive up to 7% of the new for-profit part of the company,
which would make that 7% stake valued at about $11 billion.
He called the notion ludicrous, according to reports.
So the nonprofit arm of OpenAI would still continue to exist, according to reports,
and would still retain a minority stake in the for-profit parent company,
ensuring that its original mission remains a priority.
So OpenAI was originally founded in 2015 as a nonprofit organization,
and it did introduce a for-profit,
subsidiary in 2019 to secure funding, most notably that $13 billion from Microsoft.
So yeah, like we talked about earlier, the company has gained some immense popularity in the last
20 months since the launch of ChatGBT, which now has reportedly over 200 million weekly
active users contributing to a dramatic increase in its valuation from $14 billion a couple
of years ago to the current $150 billion valuation.
Yeah, sorry y'all. Even more, even more open AI news. But I believe this is our last news story of the day. And I think probably one of the bigger one. Yeah, we didn't even mention the whole, you know, Sam Altman, super intelligence blog. We covered that pretty in-depth last week. But I'd say the last piece of AI news that matters for the week is the new open AI expanding their advanced voice mode to more chat GPT plus users with some new features.
So the new advanced voice mode feature is now available to all paid chat GBT Plus and
teams subscribers with Enterprise and EDU customers expected to gain access next week.
So this is all because originally a lot of users in the EU in the UK and other countries
did not have access.
But now reportedly that has started to roll out to all users.
So if you are a paid chat GPD Plus or chat GPD teams users, if you haven't already, go check out advanced voice mode.
So there are some new redesigns, but the biggest thing is the new actual voice mode, right?
So we cover this in depth.
This is like talking to a human, right?
There has been a standard voice mode available for many months for chat GPT plus and team subscribers.
But this was, I would say, more in line with a Siri or an Alexa, which isn't that great, right?
If you're being honest, it took a while, it wasn't as accurate.
And it sounded like you were talking to a robot, right?
Now with the new advanced voice mode, it's not like that.
It is like speaking to an actual human.
It is freaky.
And it can do literally anything.
Like, it is freakishly good.
So it's the latency.
is reportedly faster than a human.
It sounds like you're talking to a real person.
And you can have an intelligent conversation back and forth.
So right now, the new advanced voice mode,
however, does not work with any other chat GPT's tools.
So you can't create a GPT right now.
You can't upload files and talk to them
in the new advanced voice mode.
The new advanced voice mode actually doesn't have access
the most up-to-date information because it can't access browse with Bing, right? So there's a lot of
limitations in this new advanced voice mode, but I do believe that these other tools will be
rolling out soon. The other thing is the previously announced video and screen sharing features
are still not available, leaving users without those multimodal capabilities for now when using
advanced voice mode. So yeah, at OpenAI's spring event.
When they demoed this new advanced voice mode, it also had the capabilities to literally see, right?
It could see what you were working on.
So if you were using it, you know, on the iOS app in OpenAI's demo, it could see what you were working on.
You could be writing out a math problem and saying, help me.
And it could literally change, right?
It's feedback as you wrote out more of the math problem.
Similarly, the desktop version that they demoed, you could click one button and chat GPT could see what you were
working on. That is not available. So right now the advanced voice mode is only available on the
smartphone version of OpenAIs, Chad TPT Plus and ChatTGPT Teams. So it is not yet available on the
web version or the desktop version. So it is still, I think, one of the more exciting AI innovations
that I've seen. And you've seen other companies make attempts at this, right? Google has
kind of announced and started to release their kind of Gemini live AI assistant, which I think is
pretty good. I would say that's probably the, you know, in the race with open AIs advanced voice
mode for 1A, 1B, we saw Mata announced there, you know, AI voice assistant at MetaConnect.
This is much slower, a much more, you know, robotic sounding voice. So I do really think right now
it is just advanced voice mode from OpenAI and then Google's, uh,
Gemini Live AI voice assistant, but y'all, this is the future of how we work.
I talked about this last week.
Most humans can speak four times faster than they can type.
So people are like, well, why would you use this?
Well, that's one of the reasons why we talk about where you can get returns on investment
with AI technology.
That's one thing right there, being able to talk to a large language model at a speed faster
than you can type. Also, most humans, the average human, can listen to something twice as fast.
So that's another huge benefit right there is, well, you can just essentially do more work, right?
You can turn chat GPT into a skilled consultant, right, and have it poke holes in whatever you're working on
and just really help you work through a problem or something like that, right? So yes, it is,
there is a downside because this advanced voice mode, like I said, can't play not.
with anything. You can't even type anything and still use the advanced voice mode. So if you do want to
use browse with Bing or GPTs or upload documents and still use voice mode, you have to kind of
revert back to the standard voice mode and then you can still use voice mode in that in that fashion.
But it is a much less neural. It's it's much more of a delay, right? So I was even, because I've been
using the new advanced voice mode so much, I went back last night. And I, you know, as I was planning
this show and using these standard voice mode and I'm like, wow, you know, originally it felt nice.
Now it's, you know, waiting, you know, three to eight seconds for chat GPU to respond. In the same way,
you might wait a couple of seconds for, you know, Siri or Alexa. It feels unintuitive. It feels
slow right now that we've seen these much more intuitive, neural, low latency, AI voice assistants,
like advanced voice mode.
All right.
That was a lot, y'all.
That was so much AI news, gosh, especially with Open AI.
Open AI had a crazy week.
So let's quickly give you a high level recap for the AI news that matters for the week of September 30th.
So California Governor Gavin Newsom vetoed the landmark AI safety bill SB 1047 in California,
leaving industry accountability in question.
Open AI is planning a significant price hike for the future of ChatGPT Plus amid reports of its financial losses.
So reportedly going up to $44 per month by 2025.
Speaking of Open AI, our next piece of AI news was Apple has reportedly exited from the OpenAI funding round discussions.
As Open AI looks to close a $6.5 billion funding round, the largest funding round ever.
Open AI. More Open AI news days, they're facing some major executive departures as three executives
left announced their departures on the same day. On the same day, meta, unveiled not just Lama
3.2, its first multimodal model, but also its new meta-creator AI and previewed its new
smart AR glasses co-named Orion. The FTC is cracking down on
AI-driven deceptive practices with their new operation AI comply.
Speaking of complying, Microsoft is making sure that its models comply with the truth,
as it has introduced a new correction feature to enhance AI accuracy.
Google got in on the game by integrating Gemini AI straight into workspace,
expanding access for millions of workspace users.
Open AI, new reporting came out.
detailing their plan, reported plan to restructure from a nonprofit to a for-profit company.
As Open AI looks to make the company a little more alluring for investors, again, 6.5 billion
funding round looking to close. And then last but not least, Open AI has expanded.
It's advanced voice mode access to all chat GPT plus and teams users.
I'm tired, y'all. That was a lot. Thank you for joining us. We appreciate you tuning in.
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