Human jobs will survive AI for these reasons

Good morning! We have scoured the ends of the Earth to gather ingredients and prepare a feast of AI news that is crisp and full of flavor. 🍽️

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NVIDIA CEO SAYS HUMAN JOBS WILL SURVIVE AI 🙌

According to one of the biggest bosses in the world, human jobs will be A-OK despite massive AI implementation. 🙏

What’s new? Nvidia CEO Jensen Huang said he doesn’t believe AI will replace human workers. This comment comes amidst the backdrop of Nvidia’s $2 trillion valuation and 80% control of the AI chip market.

What did he say? In an interview with CBS News’ 60 Minutes, Huang addressed concerns about the potential impact of AI and robots on human employment. He emphasized that companies becoming more productive through this technology will have increased earnings and, consequently, more human hiring will be needed. He stated, “I’ve never seen one company that had earnings increase and not hire more people.” Additionally, despite introducing Blackwell, a GPU which can perform “quadrillions of calculations a second” last month, Huang still thinks that human involvement remains crucial in most industries due to understanding of complex scenarios and context that machines cannot comprehend. Although he pointed out the importance of AI in aiding human endeavors, such as drug discovery and material design, he maintained that human insight and oversight are necessary for making crucial decisions, especially those affecting human safety. With all that being said, he remains bullish on AI as a tool which can enhance human performance and discovery. He stated, “We need artificial intelligence to help us explore the universe in places that we could’ve never done ourselves.”

IS VIDU COMPARABLE WITH OPENAI’S SORA? 📹

No. It’s not. 👌

What’s new? Chinese tech company ShengShu has introduced Vidu, a text-to-video AI model that is set to compete with OpenAI’s Sora.

Does Vidu compare with Sora? Many people think that Vidu is comparable with OpenAI’s Sora model. Vidu claims to be a “universal visual model” that “can support the generation of more diverse and longer video content.” But the comparison to Sora doesn’t seem quite fair. Vidu can only generate 16-second videos, whereas Sora can generate videos of up to 60 seconds. Not to mention, the Vidu videos still seem to portray indications of AI-generation, such as odd lighting and deformed figures. Nonetheless, the release of this tool does show how China is trying to keep pace with the U.S. in terms of AI tools and innovation.

OPENAI MAKES LICENSING DEAL WITH FINANCIAL TIMES 🤝

OpenAI is looking for new collaborations at every turn, this time in the form of a licensing agreement. 📰

What’s up? The Financial Times (FT) has entered into a licensing agreement with OpenAI, allowing them to access articles for ChatGPT training and include their content in answers to queries.

What’s the deal? As part of this new deal, ChatGPT users will gain access to summaries, quotes, and links to FT articles. Any prompt that returns information from the FT will be attributed to the publication. In exchange, OpenAI will partner with the FT to create new AI products to help their business functions.

What’s the significance? This deal contrasts with OpenAI’s strained relationships with some media outlets like The New York Times, which filed a lawsuit against OpenAI and Microsoft for alleged copyright infringement a few months ago. This contrast showcases the varied dynamics of news organizations’ relationships with AI companies amidst very heated debates over the proper use of copyrighted materials. For FT, this move follows the release of a proprietary AI tool called “Ask FT” which was released last month by the news organization. This AI-powered search feature lets subscribers find information across the publication’s articles more easily.

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