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- #32 Spotify pulls thousands of AI songs
#32 Spotify pulls thousands of AI songs
AND: Meta's ImageBind combines 6 types of data
The AI Plug
May 10, 2023
Hump day. Is hump day as bad as it used to be? Dunno.
But Wednesday or not, our mid-week issue is loaded. Meta is showing scary potential, a clever way to generate revenue through Spotify, and AI with morals.
Today’s issue is hot; let’s drop it like a hot potato.
Diving in.
In today’s newsletter:
Top News: Spotify axes AI tunes, Meta’s new AI model is ridiculous, and AI+ crypto go hand-in-hand
The Rundown: $25M for Ascend, Claude has morals, and 47% of Americans ask ChatGPT for investing advice
Tool of the day: A personal AI shopping assistant
Free for you: Attend the Bloomberg tech summit online for free
Stop copying!: AI art at it again
Top News 🔝
Three biggest stories if you’re in a rush
Boomy, a generative AI company that lets users “unleash their creativity and create original songs in seconds," has flooded Spotify with hundreds of thousands of songs. Spotify recently removed 7% of these songs because Boomy’s songs had “suspicious streaming activity.” What does suspicious streaming activity look like, you ask?
It boils down to Spotify’s revenue model, which pays royalties to artists and rights holders on a per-listen basis. So, to up revenue on a song, artists have been known to use bots to boost listener figures - which is what Spotify claims was happening on the Boomy songs it axed.
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GPT-3 uses text input. GPT-4 uses images and text. ImageBind, Meta’s new open-source multisensory AI model, is capable of “binding information from six modalities”. While still classified as a research project, ImageBind brings computers one step closer to the human capacity for simultaneous learning from numerous inputs - think how we can react to first the sight, then sound, then the sensation of rain falling. In the same way AI image generators like Midjourney link text images together during the training phase, ImageBind can do this for six different types of data - text, audio, visual, movement, thermal and depth. Applications for such AI systems would perhaps include virtual augmented realities where one’s environment and movement can be prompted, along with audio and visual outputs. AGI is closer than anyone thinks it seems.
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One of the biggest barriers to cryptocurrency adoption is the entire process involved. That of sending fiat currency to a crypto exchange, purchasing crypto, then taking that off-exchange to store in either a hot or cold wallet. By the way, don’t forget to write down your seed phrase, but store it offline, and separately from your passwords. This might not sound too complex to you or I, but that's one hell of a mission for non-tech savvy users (generally speaking, think 65+ retirees, where much of the current wealth lies). It seems that ChatGPT and other AI chatbots, which are so good at explaining procedures in lay-mans terms, might help increase crypto adoption by clarifying this whole process. And more money into the next crypto bull run means bigger a bigger bull run. That’s one for the crypto bros.
The Rundown 🐂
Summary of note-worthy trending articles
Eventbrite integrates GPT capabilities to help event creators with event pages, email campaigns and social media ads. What else is left to do if you’re planning an event? (link)
Ascend raises $25M for pre-seed AI startups in the Pacific Northwest. (link)
Watson, IBM’s AI training platform, returns as an AI development studio. (link)
Anthropic’s Claude AI is bound to a set of guiding principles, which lead to better outputs and prevent racist, misogynist, sexist, and abusive meltdowns. How dull. (link)
China’s AI models may, in time, rival America’s. That’s not to say that it will bring an economic or military edge, though. (link)
Research suggests that a new AI tool can predict pancreatic cancer risk as much as three years in advance. (link)
What does it look like when AI chatbots hallucinate, and write utter bullshit? (link)
Clothing model entrepreneurs are stoked about replacing themselves with computer-generated (AI) models. Good for you; you’re all photoshopped anyway. (link)
What would the middle class look like if AI rebuilt it? (link)
NOT FINANCIAL ADVICE: 47% of Americans have used ChatGPT for stock recommendations - and it seems the picks are better than fund managers. (link) (link)
As Apple’s earnings drop, they’ve launched a cost-cutting plan and heavily expanded into generative AI. (link)
Dispo, a team building Teaser AI, a new dating app, is saying they’ll create an AI version of you to chat with matches. (link)
Tool of the Day ⚒️
AI tools we’ve used, loved, and highly recommend
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Stop Copying!
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