Welcome, humans.
Congrats to z*********@gmail.com for winning a ChatGPT+ subscription for filling out our survey. BTW, here are some of the results: 37% of Neuron readers are female, 46% have a Masterās/Ph.D., and 4.6% are students!
Hereās what you need to know about AI today:
- Michael Cohen gave his lawyer fake AI legal cases (LOL).
- Our guide to navigating OpenAIās offerings.
- Chief Justice Roberts released his thoughts on AIās role in law.
- xAI incorporated as a āfor-profit benefit corporationā in Nevada.
AI can democratize legal access, but use it with caution, says Chief Justice Roberts.
Our advice of the day? Donāt be like this guy ^.
- Name: Michael Cohen.
- Claim-to-fame: Donald Trumpās fixer.
- AI knowledge: non-existent.
Mr. Cohen handed his lawyer fake legal citations sourced from Bard (no surprise here), which were then presented to a federal judge. A federal judge!
Blindly trusting chatbots, which can hallucinate and cite bogus cases, is precisely how AI shouldnāt be used in a court of law, according to Chief Justice John Robertsā EOY Report.
Yet, AI still has an important role in law, specifically āfor those who cannot afford a lawyerā, Roberts noted. It can help with basic procedural stuff like filling out templates and court forms.
IMO, as tech companies inch closer to bringing hallucinations to near-zero (contacts tell us some are close), we expect chatbots to take on a far more significant role in lawyersā day-to-day. Think drafting, reviewing documents, contracts, and more.
One legal startup weāre excited about is Harvey, which just bagged an $80M Series B and is already streamlining operations for major law firms with AI.
Weāre just itching to see Mike Ross from "Suits" in a legal trivia face-off with GPT-4!
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Guide to choosing the right version of ChatGPT.
One year ago, all we had was plain āol ChatGPT-3. Life was simple back then.
Fast forward, and today thereās a smorgasbord of options: ChatGPT Plus, Enterprise, Azure OpenAI, Bing Chat, and even Custom Models.
So, which should YOU be using? Our lawyer-y answer: it depends.
Stick with free ChatGPT-3.5 Turbo if youāre a casual AI user (think 1-2x per week). If youāre strapped for cash, you can use ChatGPT-4 for free with Bing Chat.
If AI is part of your daily work grind, purchase ChatGPT Plus at $20/month. The beefed-up model (GPT-4 Turbo and soon GPT-4.5) comes with DALL-E 3, Advanced Data Analysis, web browsing, GPTs & more.
Use ChatGPT Enterprise if youāre a mid to large-sized company wanting universal ChatGPT-4 access for employees AND legit data security.
(we recommend using Azureās OpenAI Service if your business lives inside Microsoft).
And if youāre a big-ass company that needs custom-tailored GPT-4 models for specific areas like financial data, OpenAI Custom Models are your answerāthatās if you've got at least $2-3M to spare...
Lastly, do your colleagues a solid and pass this link along! ššš¤
Around the Horn.
- xAI incorporated as a āfor-profit benefit corporationā, meaning it can prioritize its impact on society.
- Hereās how you can archive conversations in ChatGPT.
- Metaās AI Ray-Ban smart glasses have been generating much buzz on TikTok lately.
- An overview of OpenAIās approach to protect against risk from its AI systems.
Wednesday Wirings.
The last few weeks have been slow in fundraising as top VCs departed for their European vacations. Hereās a recap of where we stand in AI unicorn la-la-land.
Valuations
- OpenAI: $29B (currently raising at $100B).
- Scale AI: $7.3B.
- Anthropic: $5B (currently raising at $18.4B).
- Inflection AI: $4B.
- Shield AI: $2.7B.
- CoreWeave: $2.4B.
- Cohere: $2.2B.
- Mistral AI: $2B.
- Jasper AI: $1.5B.
- AI21: $1.4B.
- Runway: $1.3B.
- Stability AI: >$1B (trying to raise at $4B).
- Imbue: >$1B.
- Character AI: $1B (trying to raise at >$5B).
- Typeface: $1B.
- Synthesia: $1B.
- Adept AI: $1B.
- Glean AI: $1B.
We curated the top 27 tools you need for work in our āTop Tools For Businessā!
A Cat's Commentary.
Thatās all for today, for more AI treats, check out our website.
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