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AI's threat of fake political ads

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Today’s Menu

Appetizer: Amazon to train new AI model 🤖

Entrée: Meta requires political advisors to disclose AI use 🇺🇸

Dessert: IBM invests $500 million in generative AI startups 🤑


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Primenesia: a condition experienced when you order so much on Amazon Prime that you don’t even know what’s in the box. 📦

What’s new? Amazon is investing millions in an ambitious effort to develop a large language model (LLM) that could rival the best models from OpenAI and Alphabet. The LLM is being developed by a team led by Rohit Prasad, who was previously the head of Amazon’s Alexa project.

How is it trained? The project, codenamed "Olympus," aims to train an LLM with two trillion parameters, which would make it one of the largest models in the world. To put this in perspective, OpenAI's GPT-4 models, which are among the most advanced AI models available, have only one trillion parameters. Amazon believes that having a homegrown LLM could make its offerings on Amazon Web Services (AWS) more attractive to enterprise clients.


“I’m proud to be an American, where at least I know I’m free” … to use AI for whatever I want. 😃

What’s up? Meta, the parent company of Facebook and Instagram, announced that it will require political advertisers to disclose when they use altered or digitally created media in their ads. This policy is intended to combat the spread of misinformation and disinformation ahead of the 2024 election.

How will it work? The new policy will require advertisers to disclose, during the ad-buying process, “whenever a social issue, electoral, or political ad contains a photorealistic image or video, or realistic sounding audio, that was digitally created or altered.” This includes images, videos, and audio that have been manipulated using AI or other techniques. The company also said that it will put a label on ads that contain altered media. This label will inform the public that the ad has been manipulated and will provide them with more information about the nature of the manipulation.

When will this be enforced? Meta said that the policy will go into effect worldwide early next year. Advertisers who fail to disclose the use of altered media will have their ads rejected, and may face serious legal and financial penalties for repeated violations.


More money, more problems? 💰

What’s up? IBM is jumping into the AI investing race with a $500 million venture fund focused on generative AI startups targeting business customers.

What is the investment? The company is looking to invest in startups across all stages and is particularly interested in startups that can provide solutions that complement its existing business offerings. The investment is a response to feedback from IBM's clients, who have expressed a desire for more AI tools that are tailored to their specific needs. IBM believes that by partnering with startups, it can quickly develop and bring to market solutions that address these needs.

Why? This move is part of a broader trend among tech giants to invest in AI startups. IBM joins other companies like Microsoft, Google, and Amazon in recognizing the potential of AI to positively disrupt industries and create new opportunities. IBM is open to investing in companies from all over the world, which reflects the company's belief that AI innovation can come from anywhere and that it is important to tap into global talent and opportunities.


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