Breaking Down AI: Contradictions, Investments, and Ethical Dilemmas.

OWITH.ai - Only What's Important to Hear around AI and Tech

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The text discusses Sam Altman's contradictory statements on AI, warning of a bubble in the market while planning trillions in OpenAI's buildout. Despite concerns, OpenAI has raised record funds. Tech giants like Microsoft and Meta are investing billions in AI, with the sector seen as growing. Meta is splitting its AI division, and generative AI in advertising is on the rise. Silicon Valley's AI startup scene faces challenges due to big tech licensing deals and talent raids. Nvidia is developing a new China-specific AI chip. AI-led interviews improve outcomes, with applicants favoring them. Anthropics has introduced safety measures for its chatbots to protect them from harm, sparking debates on AI sentience and moral status. The text highlights the complexities and contradictions in the current AI landscape, with warnings of a potential bubble while massive investments continue to pour into the industry, as well as ongoing discussions surrounding the ethical considerations of AI technology..Originating in China, the "996" work schedule involves working from 9 am to 9 pm, six days a week. This schedule has gained traction in the tech and startup industry, particularly during the AI boom. Some companies are even including 996 clauses in employment contracts to convey the intensity of the work environment and the need for dedicated talent. However, while working hard is a staple in Silicon Valley, not everyone may find the 996 schedule sustainable in the long term. As competition for AI talent intensifies, there is a push towards return to office and longer work hours, but it may not be a feasible expectation for all employees. Ultimately, the sustainability of the 996 schedule in tech and startups remains uncertain as different functions and leadership roles may have different expectations and needs..Softbank has invested $2 billion in Intel, making them one of Intel's top 10 shareholders. Texas is investigating Meta and Character.ai for deceptive marketing practices related to their AI chatbots. Workday confirmed a data breach that exposed personal information from a third-party database. The gaming industry is rapidly adopting AI agents, with 87% of developers in key markets using AI in their workflows. Softbank's investments in the chip business and AI projects position them at the center of the evolving AI revolution. The industry is also seeing new developments such as a new SPAC by Chamath Palihapitiya, Arm hiring an Amazon AI chip director, and Google increasing its stake in Terawulf. Other news includes Palo Alto Networks beating earnings expectations, Figure filing for an IPO, and MIT research showing that 95% of corporate GenAI pilots have little financial impact..GoodRx CEO Wendy Barnes is working to cut the cost of GLP-1 obesity drugs in half. These drugs are becoming increasingly popular, with employers paying between $8,000 and $10,000 per user each year. GoodRx announced that they will offer various strengths of Ozempic and Wegovy for a cash price of $499 a month, which is significantly lower than the normal cost. Barnes believes that offering competitive pricing directly to consumers could revolutionize the traditional employer-pay model in healthcare. She envisions a more dynamic, personalized health insurance model where individuals have more choice and control over their healthcare options. This move aligns with the government's mandate to reduce drug prices and create more direct-to-patient pathways. Barnes hopes that more leaders will follow suit in helping employees access affordable drugs that they need. The article also touches on other news such as peace talks in Ukraine, Trump's com

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