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PLUS: AI will save the world

Welcome, humans.

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Here’s what’s going on in AI today:

AI will save the world, according to Marc Andreessen.
50% of McKinsey employees are using AI at work.
Many Apple products are already powered by AI.
Lightmatter raised $154 million for AI photonic computing.

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Marc Andreessen: Why AI Will Save the World ☮️

Google AI right now, and here’s what you’ll find: “existential risk,” “taking jobs,” and “misinformation.”

Mark Andreessen, however, begs to differ.

The co-founder of the Internet and mind behind “Why Software is Eating the World” from 2011 (he was right) is back with another forecast: AI will make the world way better, not worse.

AI is not out to replace human intelligence but augment it. According to Andreessen, this could provide:

every child an infinitely helpful tutor.
every person an infinitely helpful mentor/trainer/therapist.
every leader an infinitely knowledgeable decision-making assistant.

In true Mythbusters spirit, the Silicon Valley icon proceeded to debunk five popular pervasive AI myths, of which the most relevant is: AI won’t take our jobs; it’ll create new ones.

His logic is: more productivity → lower prices → higher wages → economic growth → new jobs/industries.

What we should be concerned about: China. And regulatory capture. And regulatory capture helping China win.

His recommendation? Let American AI firms “be allowed to build AI as fast and as aggressively as they can.” That is certainly our strategy at The Neuron!

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50% of McKinsey’s Workforce Is Using AI 🧑‍💻

You read that correctly.

McKinsey, the consulting wonderland no one can seem to get an internship at, is All In on AI!

Currently, about half of its 30,000 employees are using generative AI at work. And so is its extensive client base.

Businesses that have deployed generative AI are reaping huge gains in two primary categories:

Coding: software developer clients are 35-55% more productive.
Content creation: marketing firms are streamlining the content process in a big way.

How can your business replicate these outcomes? Being the “professional advice giver” that it is, McKinsey suggests that businesses looking to implement AI should consider 5 key areas:

The IT stack and infrastructure.
The nature of the data involved.
Type of AI model being considered.
UI & UX.
Effective change management.

That’s vague (duh), but it’s a compelling start for companies aiming to adopt AI swiftly and securely.

Around the Horn 🦄

Apple CEO Tim Cook said that he personally uses ChatGPT and that AI already forms the backbone for many of Apple’s products.
Sam Altman wants to keep OpenAI private to avoid conflicts with public shareholders.
Instagram may be tinkering with in-app chatbots that can answer user questions and give advice.
Zoom started rolling out “Zoom IQ,” its AI feature that can generate and send meeting summaries.

Treats To Try 🍿

ggml is a developer tool enabling large models to run on laptops like yours and mine.
Create and manage ChatGPT plugins from any APIs with Blobr’s generator.
Personal GPT is an AI chatbot that runs offline without an internet connection on iPhones, iPad, and Macs.
Argil builds AI-powered workflows specific to your data, all in no code.

We curated all the tools you need for work in our “Top Tools For Business”!

Wednesday Wirings 💸

How do VCs still have this much fresh powder?!

Lightmatter raised a $154 million Series C for its AI photonic computing platform.
Instabase, which helps businesses analyze unstructured data via AI, raised $45 million in its Series C.
Sana, which helps employees learn faster from internal knowledge bases, raised a $28 million Series B.
Hyro, which uses AI to improve text and voice communication for enterprises, secured a $20 million Series B.
Predibase raised an additional $12.2 million for its low-code platform that helps devs deploy ML models.

A Cat's Commentary 😻

Translatation (from Vietnamese): “Hoang Dung is very touched and grateful to those who have helped me, you are the most beautiful paradise in the universe.”