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💰 OpenAI is democratizing governance with $1M in grants

🧠 BrainStorm Buddy—The AI Tool Report GPT

AuthorAuthor

Martin Crowley & Liam Lawson
January 17, 2024

We’re the #1 resource bringing you the most comprehensive AI coverage in 4 minutes daily. Just as a reminder, this week we launched our own custom GPT called Brainstorm Buddy…

See more information below in our Prompt Engineering section to see how to use our GPT to brainstorm about bottlenecks in your business…

🧠🧠🧠

🌤️ This Morning on AI Tool Report

  1. 💰 OpenAI is democratizing governance with $1M in grants

  2. 🚗 Musk demands 25% voting control over Tesla before expanding AI

  3. 💰 Vodafone signs $1.5B partnership with Microsoft

  4. 🌍 Davos 2024, World Economic Forum & AI

  5. 🍟 NVIDIA & AMD shares jump as AI optimism continues

Read Time: 6 minutes

FINANCE

Brought to you by YellowBrick

LEGISLATION

Our Report: The OpenAI team has announced that they will be crowdsourcing governance ideas to teams around the world—actively integrating public input into the governance of its models.

🔑 Key Points:

  • They have awarded $100,000 to 10 teams worldwide as part of an initiative to align future AI models with humanity's values, and “to design, build, and test ideas that use democratic methods”.

  • They initially launched the project last May (we announced this in the newsletter), and the teams consist of researchers and engineers focusing on "encoding" public feedback into OpenAI products and services.

  • OpenAI has emphasized its independence from commercial interests despite skepticism from competitors and regulatory challenges.

  • You can see the code that was created from the program here.

🤨 Why you should care: OpenAI's focus on crowdsourced governance reflects a growing emphasis on ethical AI development, which will be paramount as AI models continue to become more complex, and ‘intelligent’.

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INTERNAL POLITICS

  • Elon Musk has stated he wants 25% voting control in Tesla to further its AI and robotics expansion—which has sparked concern for investors as Musk could theoretically move AI projects outside of Tesla.

  • Musk currently holds about 13%, and achieving this would require a significant financial move from Tesla, like a large payout or share restructuring.

  • The AI initiatives in question—including the Full Self-Driving chip and humanoid robots—are key attractions for Tesla investors, and whether shareholders and key stakeholders bend to Musk’s will is something we’ll see unfold in the coming weeks/months.

Use Case Example Brainstorm Buddy: Business Bottlenecks.

  • Step 1: Think of a Business Problem: Your company is growing fast, and your customer support can't keep up. Long wait times are making your customers unhappy.

  • Step 2: Ask For Help & Explain The Context: You ask Brainstorm Buddy, “Hey, can you brainstorm about a bottleneck in my business? I am having trouble with customer support because we are scaling too fast.

  • Step 3: Get Smart Solutions: Brainstorm Buddy gives you a list of ideas:

    1. Set up chatbots for simple questions.

    2. Make a FAQ page so customers can help themselves.

    3. Prioritise customer questions so the priorities get answered first.

    4. Outsourcing

  • Step 4: Voila! / Ask More Help: You could even ask Brainstorm Buddy to go in more depth with you on these ideas:
    “Hey, I would love to learn how to properly prioritize customer questions”

Voila! Brainstorm Buddy helped you figure out what the best thing to do is and how to execute those actions to solve the problem.

Be sure to give it a try!

Remote / $230k+ / Can receive equity

“Our client is a developer of an artificial intelligence-based platform intended to streamline the customer relationship management process. They are a Series A company with over $20M in funds raised (long runway!) and founded by a serial entrepreneur who has a history of successfully exiting businesses. They are looking for their first Head of Marketing to build out their inbound marketing machine, and to continue to lead the charge on the overall marketing function companywide.”

Georgia / $16-55/hr / Students welcome to apply

“If qualified, you’ll complete an ID verification & be invited to complete a 30-minute technical interview, typically scheduled within 48 hours of being invited. The interview will consist of technicals, choosing from JS, Java, C++, and Python. If you successfully pass the interview, you’ll be approved and able to begin work ASAP. Otherwise, the next step will be to complete an async rating & writing assessment.”

Remote / $133K+ / 3+ years experience required

“Joining the AI Platform team means diving into a dynamic environment that enables us to rapidly explore, iterate, and deliver value to our users. We play a pivotal role in shaping generative AI applications that are revolutionizing the industry. Our responsibilities span across various audiences, including Microsoft's internal teams developing AI applications (Microsoft 1P) and third-party enterprise customers (3P). We're a collaborative and fun-loving team that highly values diverse ideas and continuous learning!”

DEALS & ACQUISITIONS

  • Vodafone has entered into a 10-year, $1.5B partnership with Microsoft to enhance its services with generative AI, cloud, and IoT (Internet of Things) technologies.

  • This deal aims to digitize and transform Vodafone's offerings to over 300M businesses and consumers in Europe and Africa by leveraging Microsoft's Azure OpenAI and Copilot technologies.

  • Furthermore, Vodafone plans to replace its physical data centers with Azure's scalable cloud services and the collaboration includes Microsoft becoming an equity investor in Vodafone's IoT platforms.

GLOBAL LEGISLATION

  • The Davos 2024 World Economic Forum is upon us, taking place between June 15th & 19th—with many focuses, including climate change, the role of billionaires, and the global effect of AI.

  • Chief economists will discuss the challenges and possibilities presented by generative AI—particularly its impact on high and low-income economies (as outlined in the IMF’s report yesterday).

  • Notably, AI is forecasted to impact developed economies more widely, whilst developing economies may lack the resources, infrastructure & skills to fully take advantage of AI.

  • Lastly, a combination of all the following figures are attending the forum: Sam Altman, Emmanuel Macron, Greta Thunberg, Satya Nadella, Angela Merkel, Jack Ma, and Elon Musk.

AI HARDWARE

  • NVIDIA and AMD (two of the largest providers of chips & TPUS for AI models) stock prices have surged massively, with NVIDIA’s market value more than tripling last year, and AMD’s doubling.

  • Furthermore, “Nvidia's stock rose 3% to $563.65 and hit a new record high, while shares of AMD surged 7.5% to $157.57, rising to their highest level in more than two years”

  • Both companies are responding to the AI boom, with NVIDIA planning a new AI chip for Chinese markets (despite US embargoes), and AMD introducing AI data center chips.

  • Wall Street analysts, encouraged by the growing demand for AI-powered chips, have raised their price targets, and we expect to see their stock continue to rise—as well as new players in the AI chip market.

Over the past year, AI Tool Report has worked with Hubspot, Brave Browser, SurfShark, Guidde, Graft & many more—presenting their AI products/services to over 490,000 AI enthusiasts, boasting:

  • A consistent 52% open rate

  • Best-in-class ad performance

  • A growing ecosystem of AI products/services

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Until next time, Martin & Liam.

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