#71 AI will be obsolete - by the 2030s

Apologies for going MIA last week—we took a breather for Labor Day, but we're back and better than ever. This week's issue is packing heat: Quantum computing is out to dethrone AI, artists are lobbying Congress for a voice in the AI conversation, and eBay's breaking down entry barriers with a game-changing product listing tool. Trust us, you won't want to miss this. Let’s dive in.

In today’s newsletter:

• Hottest stories: Quantum computing looming large, artists like AI now, and eBay’s new tool lowers entry barriers

• TL;DR Rundown: Tencent’s LLM, Morgan Stanley’s chatbot, and more ChatGPT controversy

• Tool of the day: Text-to-video, animate images, impressive stuff

HOTTEST STORIES 
Today’s biggest stories if you’re in a rush 

Move over AI - Here comes quantum computing

Quantum computing is on the brink of becoming the new tech titan, leaving AI in its dust. The U.S. military tech and cybersecurity bigwigs have dubbed 2023 as the “quantum reset year”. The first quantum computers that could pose a security threat are predicted to surface in about four to six years, conveniently aligning with the timeline to quantum-proof our systems.

Here’s the kicker: unlike your run-of-the-mill computers, quantum computers operate on qubits that can represent an infinite number of outcomes, allowing for simultaneous calculations. This means a mind-boggling increase in computational power that could revolutionize everything from logistics and healthcare to finance, cybersecurity, weather tracking, and agriculture.

But it’s not all smooth sailing. Quantum computing has its fair share of challenges. The key roadblock for its commercial expansion is linking multiple qubits without upping the error probability. And there’s the practical constraint of needing to isolate qubits from the real-world environment to prevent decoherence. At present, we’re using extreme low temperatures for this isolation.

So, while quantum computing promises a brave new world of possibilities, it’s clear we’ve got some quantum-sized hurdles to overcome first.

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Artists sign open letter saying that generative AI is good, actually

A group of artists have taken a stand, signing an open letter to Congress, making a case for generative AI. They argue that it's not the big bad wolf it's made out to be. In fact, they believe the creative community should have a seat at the table when discussing how this technology should be regulated and defined.

These artists see AI, machine learning, and algorithmic tools as just another instrument in their creative toolbox. They've been used in music, art, and other media for decades. The artists insist that those who use these tools, whether they're software engineers or painters, should have a say in guiding their development and regulation.

The letter emphasizes that these tools democratize art creation, a field traditionally limited to those with considerable financial means, abled bodies, and the right social connections. However, they also acknowledge the concerns about major corporations exploiting artists' labor and undermining their ability to make a living.

While the artists appreciate the ongoing hearings and initiatives focused on regulating generative AI systems, they stress the importance of including artists in these discussions. They see this as a unique opportunity to shape generative AI's development responsibly.

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eBay rolls out product-listing generator from photograph tool

eBay is stepping up its game with a new AI tool that can whip up a product listing from just a single photo. Initially available on the eBay iOS app, with an Android version to follow, this tool can automatically generate a title and description based on a photo, and even suggest a category, subcategory, list price, and shipping cost.

This tool is part of eBay's broader efforts to integrate AI into the selling process, which includes AI-generated product catalog descriptions and a background removal tool for listing photos. The 'photo-to-listing' tool was built in-house, and the listing data generated will be used to 'train' the model internally.

But here's the real kicker: eBay is using AI to tackle the "cold start" issue often faced by first-time sellers who are overwhelmed by the amount of info they need to enter to create a competitive listing¹. With this tool, sellers can bypass the cold start entirely - as soon as you're ready to sell, your listing is ready to post.

However, not everyone's thrilled about eBay's AI direction. Some long-time sellers have voiced concerns about the poor quality of eBay’s description generator. But hey, Rome wasn't built in a day, right? It'll be interesting to see how eBay addresses these concerns moving forward.

TL;DR RUNDOWN
Listicle of what else is happening today 

Microsoft protects: Microsoft has announced a new policy that offers broad copyright protections to users of its AI services, including its new AI assistant, Copilot.

Nvidia and Tata Group’s AI Partnership: Nvidia and India’s Tata Group are joining forces to deliver computing infrastructure and platforms for developing AI-based solutions. This is a big move in the tech world, folks!

Tencent’s AI Model 'Hunyuan’: China’s tech giant Tencent has launched its large language AI model ‘Hunyuan’ for enterprise use. It’s a game-changer in the realm of artificial intelligence.

Morgan Stanley’s AI Chatbot: Morgan Stanley is stepping up its game by launching an AI chatbot to woo wealthy clients. Talk about a high-tech approach to finance!

ChatGPT Controversy: There’s been some debate about ChatGPT’s ability to admit when it doesn’t know something. It’s an interesting discussion about the limitations of AI.

Ello Raises $15M for Child Literacy: Ello, an AI reading coach startup, has raised $15 million to bolster child literacy. This could be a major breakthrough in education technology.

AI-Generated Voices in Attack Ad: In a surprising twist, an attack ad used AI-generated voices of Nikki Haley and Tim Scott to claim they’re ‘too woke’. Politics meets technology in a whole new way!

Reliance and Nvidia Partnership in India: Reliance Industries’ Jio Platforms and Nvidia are partnering up to build a large language model trained on India’s diverse languages. This is huge news for AI development in India.

Glass Health’s AI for Medical Diagnoses: Glass Health is developing an AI tool to suggest medical diagnoses. This could revolutionize the healthcare industry.

TOOL OF THE DAY 
AI tools we’ve used, loved, and recommend above all others 

Today’s tool is Genmo.ai

Genmo is a revolutionary platform that serves as your creative copilot, helping you generate images, videos, and 3D models. It’s a step towards Creative General Intelligence, where humans and generative models collaborate to yield more creative and useful results.

With Genmo, you can animate existing images, generate and edit movies from scratch, and even design presentations with app icons, all in a ChatGPT discussion style. Seriously powerful and jaw-dropping stuff, particularly the image animation function.

An AI Meme For You

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