The first casualties of AI
The Impact of AI on Various Industries
In this video, the impact of AI on various industries is discussed. The transcript highlights how AI is changing the landscape of different sectors and what it means for businesses and individuals.
Cheating Platforms and Language Learning Apps
- College cheating platform Chegg was down 50% after revealing that chat GPT is killing its business.
- Language learning apps like Duolingo are afraid right now because it looks like llms will become superior second language teachers making their products obsolete.
LegalZoom and Google Alphabet
- LegalZoom is also tanking as we speak because they're in the direct Kill Zone of AI.
- The company that stands to lose the most in the AI race if it doesn't win is Google alphabet just had great earnings but if chat gbt continues to grow at this rate it's literally the fastest growing app of all time Google search traffic should go down that would be bad because search ads are one of the biggest cash cows of all time that account for over 50 percent of alphabet's Revenue.
Jeffrey Hinton Resignation from Google
- Jeffrey Hinton, an AI pioneer, resigned from Google because he wants to be able to quote freely speak about the risks of AI he's afraid Putin and DeSantis will use it to win elections or use it to build hyper-intelligent killing machines his resignation was a surprise but he made it clear that Google has acted responsibly with its AI Endeavors.
Gigachat and Palantir
- Russians announced their own large language model last week called gigachat.
- Palantir just demonstrated some innovative new ways to blow people up with AI.
IBM and Programming Jobs
- IBM, one of the biggest employers in Tech just announced that it will be eliminating 7,800 jobs over the next five years.
- The good news though is that programming jobs appear to be safe for the time being and it's reassuring to know that 60% of workers today are in occupations that didn't exist in 1940.
Emergent AI Hype
- A new paper just dropped explaining how all the scary emergent AI hype is really just a mirage produced by researchers.
Conclusion
In this section, the speaker concludes the video.
- The speaker says "see you in the next one".