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Microsoft powers Bing with AI as search wars heat up

Google’s $300M AI startup investment, Meta lagging in AI race, plus more top stories

👩‍💻 Metaproof AI

Hey frens, this is Sophia from 👩‍💻 Metaproof AI, the weekly newsletter where we keep you informed on how artificial intelligence (AI) is shaking things up across industries.

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📲 By the numbers

How will AI change our lives? (Source)

  • This Ipsos survey of 19,504 online adults ages 16-74 from 28 countries (back in November to December 2021) shows which areas of life people think will be most affected by AI in the next 3-5 years.

  • These percentages of the respondents expect most of the changes brought about by AI will affect: 35% education, 33% safety, 32% employment, 31% shopping, 30% transportation, 27% entertainment, 26% cost living, and 23% home. 

📫 News & trends

Microsoft gives its search engine Bing and web browser Edge a powerful upgrade in an effort to challenge Google's popular AI chatbot Bard. Bing's new AI-powered search engine will deliver faster and more relevant results, will feature a chatbot to help refine user queries, and seeks to offer a more personalized search experience that sets it apart from the competition.

Microsoft also joined forces with OpenAI to market its AI technology to cloud customers, as OpenAI's powerful language model, ChatGPT, enables the tech giant to provide customers with an AI-powered virtual assistant to help them get more done in less time.

The announcement came a day after Google revealed it is releasing Bard, also in response to the huge success of ChatGPT.

In a move that highlights its continued interest in generative AI, Google has invested approximately $300M in Anthropic, taking a 10% stake in the company. The details so far: 

  • Anthropic has developed an intelligent chatbot called Claude that rivals OpenAI's ChatGPT. Google's relationship with Anthropic, however, is limited to acting as the company's tech supplier and not a more commercial path.

  • Big tech firms like Google have significant influence over other companies working in the AI field, as these companies rely on access to cloud computing platforms. Microsoft's recent $1B cash-for-computing investment in OpenAI serves as a similar example.

  • The investment will provide more resources for Anthropic to continue its research and development at a time when it is buying substantial computing resources from the search company’s cloud computing division as generative AI competition heats up.

Practically everyone has been vying for a slice of the AI market, and while small startups may have the advantage of agility, large tech firms like Meta face a different set of barriers when developing AI. The challenge: balancing the potential benefits of AI with the potential risks, such as the spread of misinformation and toxic content. 

In the wake of Meta being left out now that Silicon Valley is gripped with excitement over generative AI, it has shifted its focus to the metaverse, although it remains unclear how the company can offer generative AI products in a way that captures the public's attention. 

Another challenge: the high standards Meta, et al are held to by the public, making it difficult for them to release AI products without significant criticism. Meta's chatbot BlenderBot, for instance, was panned by people who tried it because it was made safe (thus boring), rather than because of any technical issues.

OpenAI's ChatGPT chatbot has been making waves since released in November 2019, with capabilities ranging from writing articles to creating children's books. Per research by the Insider, here are some jobs that are at risk of being replaced by AI:

  • Tech jobs - Software development, web development, computer programming, coding and data scientists 

  • Media jobs - Advertising, technical writing, journalism, and any role that involves content creation

  • Finance jobs - Market research analysts, financial analysts, personal financial advisers, and those requiring manipulating of significant amounts of numerical data

Artificial intelligence, robotics, and machine learning are fields that are often discussed together, but what exactly are they and how are they related? AI encompasses many subcomponents and algorithms, and it involves creating systems that can perform tasks typically requiring human intelligence, such as perception, reasoning, and learning. 

Robotics is about putting computing in motion, while machine learning is a subfield of AI concerned with using data to make predictions. AI is not always synonymous with machine learning, and machine learning is not fully contained in AI. And should we worry about artificial intelligence surpassing human intelligence? The short answer is no. 

China pushes to elevate its military prowess with AI, with the Chinese Communist Party announcing plans toward a world-class military via the technology. However, the Biden administration's October 7, 2022 announcement of broad semiconductor regulations could pose a major obstacle to China's AI development. 

In the 21st century, the balance of power may shift as nations using advanced AI acquire dominant military power, enabling them to enhance or replace the human brain. Many argue, however, that the true advantage lies in the advanced operational theory for using new technology. As the race for optimum AI usage and leverage continues, it will be interesting to see how its uses in defense plays out in the coming years.

The Super Bowl, a multi-day experience, last year hosted over 100,000 fans worldwide, with host Los Angeles’ economy standing to gain $234.32M to $477.5M during Super Bowl weekend. Technology continues to play a crucial role in all aspects of the experience; the use of AI and similar tech ensures the entire fan journey from start to finish is seamless, intuitive, and tailored to their interests. AI can enhance the overall experience through: 

  • Helping fans plan their game-weekend experience via a mobile planning app

  • Increasing engagement with the game, via interaction with other fans and even players

  • Educating fans on game strategies

🏃‍♂️Quick hits 

  • As the long-awaited debut of Google AI Bard finally happened, here’s a quick guide to use and access the tool, leading use cases, and how it differentiates itself from ChatGPT.

  • Take-Two CEO Strauss Zelnick doesn't think AI will ever make a better Grand Theft Auto, but he does think it will make everyone's games bigger, better, and more ambitious.

  • Researchers are reporting that an AI program can detect lung nodules, which in rare cases can be a sign of lung cancer. Assisting with cancer diagnosis and screening is perhaps the most significant and potentially game-changing uses for AI in healthcare. 

  • AI is seen to boost diversity and inclusion: Think of it as a data mining tool that is the equivalent of an X-ray for human interactions, telling us what goes on when people interact with each other and how people are treated when they are part of vulnerable or underrepresented groups.

  • AI suggests a mysterious portrait of the Virgin Mary and Jesus may be a Raphael, particularly as found by facial recognition technology, but many art historians reject the claim. 

💸 Finance buzz

  • Microsoft stock rose 4.2% to close at 267.56 amid excitement over the capabilities of generative AI technology, such as ChatGPT, boosting AI stocks generally. (Source)

  • The C3.ai Generative AI Product Suite is slated to launch in March 2023, assimilating the latest AI capabilities from Open AI, academia, and Google’s parent company Alphabet. ChatGPT and GPT-3 are incorporated into C3 AI’s enterprise products. (Source)

  • Mobily and Ericsson successfully deployed the Ericsson AI-based network solution for predictive and automated network management to enable enhanced and smart end-user experiences in Saudi Arabia. (Source)

🗣️ Quote of the week

“Bard seeks to combine the breadth of the world’s knowledge with the power, intelligence and creativity of our large language models. It draws on information from the web to provide fresh, high-quality responses. Bard can be an outlet for creativity, and a launchpad for curiosity, helping you to explain new discoveries from NASA’s James Webb Space Telescope to a 9-year-old, or learn more about the best strikers in football right now, and then get drills to build your skills.”

Sundar Pichai, CEO of Google and Alphabet

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All content on this newsletter is for informational purposes only and does not aim to serve as or replace expert investment advice.

If you are a startup building in the metaverse / web3 ecosystem and are raising capital, please reach out to Sfermion. Sfermion is an investment firm focused on accelerating the emergence of the metaverse.

Stay informed via our Twitter and Subscribe here to get your AI news every Thursday.