NewsGPT, world’s first AI-generated news channel

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March 17, 2023

NewsGPT world's first AI-generated news channel — Image Credits: Ahmedabad Mirror

The inauguration of the first news station in the world produced solely by artificial intelligence is historic. By providing objective, fact-based news devoid of any biases or hidden intentions, NewsGPT, as it is known, seeks to transform how news is distributed to the general population.

The debut of the channel, in Alan Levy’s opinion, marks a paradigm shift in the news industry. NewsGPT, according to Levy, would finally give viewers “the facts and the truth, without any sort of hidden agendas or prejudices” after too long of biased and subjective reporting on news networks.

In order to provide news stories and reports that are accurate, current, and unbiased, NewsGPT uses natural language processing technology and machine learning algorithms to scan relevant news sources from across the world in real time. The channel’s AI algorithms examine and evaluate data from various sources, including social media, news websites, and governmental organizations.

NewsGPT professes to be unaffected by political allegiances, sponsors, or personal viewpoints, in contrast to other news outlets. Its main goal is to provide viewers with accurate and trustworthy news.

Everyone should have access to balanced, factual news, according to us Levy said. By using NewsGPT, we are bringing that about, he added. The introduction of NewsGPT may revolutionize the news business, but it also raises questions about how it can affect media professionals’ livelihoods.

Company that made AI its CEO witnesses stocks surge

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Sahil Pawar

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March 17, 2023

Company AI CEO witnesses stocks surge — Image Credits: Superpixel

An artificial intelligence bot serving as the CEO of a video game company has announced a market-beating stock gain. Tang Yu, an AI program, was appointed CEO of China-based NetDragon Websoft in August, responsible for assisting in decision-making for everyday operations.

In the six months since its appointment, the “AI-powered virtual humanoid robot” has managed to outperform Hong Kong’s Hang Seng Index. Now that NetDragon Websoft’s share price has increased by 10%, the company is worth more than $1 billion.

Company founder Dejian Liu said, “We believe artificial intelligence is the future of corporate management, and our appointment of Tang Yu represents our commitment to truly embrace the use of AI to transform the way we operate our business and ultimately drive our future strategic growth.”

According to Dr. Liu, the appointment was a component of the company’s plan to become a “metaverse-based working community.”

Interestingly, Jack Ma, the founder and chairman of Alibaba Group predicted in 2017 that a robot would probably be featured as Time Magazine’s best CEO in 30 years.

Microsoft unveils AI office copilot for Microsoft 365

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Sahil Pawar

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March 17, 2023

Microsoft unveils AI office copilot — Image Credits: Bleeping Computer

In response to announcements this week by its rival Google, Microsoft on Thursday bragged about its most recent ambitions to give artificial intelligence (AI) into the hands of more consumers with updates to its own widely used office software.

The tech corporation previewed an updated AI “copilot” for Microsoft 365, a collection of Word documents, PowerPoint presentations, Excel spreadsheets, and Outlook emails. AI will provide drafts in these applications, thus speeding up content creation and freeing up time for workers. It will first be available to a small number of commercial clients for testing,

The Redmond, Washington-based company demonstrated a new “business chat” experience that can collect data and execute activities across applications in response to a user’s textual demand, outperforming competitors through investments in OpenAI, the company that created ChatGPT.

“We believe this next generation of AI will enable a new wave of productivity growth,” Satya Nadella, Microsoft’s CEO, said in a live-streamed presentation.

Microsoft said AI can make its Excel spreadsheet software’s computational magic accessible to anyone who can describe a calculation they want to perform in plain English. This was one of the company’s most significant updates on Thursday.

Like the live notes by AI that Google showed reporters this week, Microsoft also claimed that AI can summarize email chains and online meetings as they happen in its Teams collaboration program.

LinkedIn co-founder first to write book using GPT-4

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Sahil Pawar

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March 16, 2023

LinkedIn co-founder first book using GPT-4 — Image Credits: Wired UK

Reid Hoffman, the co-founder of LinkedIn, has published a new book written with OpenAI’s latest, most potent large language model GPT-4. The book is called ‘Impromptu: Amplifying our Humanity through AI.’ This is the first book written with GPT-4.

In a LinkedIn post, Hoffman said, “Last summer, I got access to GPT-4. It felt like I had a new kind of passport. My pages were quickly filled with stamps: Over 1,000 prompts. 800+ pages of outputs. Just in the first few months.”

According to the post, Hoffman explored “light bulb jokes, epic poems, original sci-fi plots, arguments about human nature, musings on how AI might strengthen democracy, society, and industries” with GPT-4. The goal, like in any good trip, was to learn as much about my traveling partner as the place I was exploring, he said.

While talking about his book, Hoffman said that he organized his explorations with GPT-4 into sections: creativity, public intellectualism, education, criminal justice, journalism, and more. According to him, his travelog, Impromptu, captures his treks with the latest GPT-4. “These paths will be well-trodden soon (if not already) by others,” he said.

Explaining his intentions for writing the book, Hoffman said, “I’m writing this travelog both to encourage people not only to get to know GPT-4, but to embrace our choice of how we’ll use it, and explore the different ways this choice might play out.”

Engineers working from office more productive than those working remotely, says Zuckerberg

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Sahil Pawar

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March 16, 2023

Engineers working office more productive working remotely — Image Credits: BBC

CEO of Meta Mark Zuckerberg noted in an email to his staff that engineers who worked in the office were more productive than those who worked remotely. He used internal data analysis to back up his claim.

He continued by saying that working face-to-face with more seasoned colleagues at least three days a week helps new hires learn faster. It wasn’t just any email sent to the staff. Zuckerberg told them of the second round of layoffs, which has affected nearly 10,000 workers, through email.

Around 21,000 employees have left Meta over the course of a few months. 13% of Meta’s personnel, or 11,000 workers, were let go by the corporation back in 2022.

In his email, Zuckerberg said, “Our early analysis of performance data suggests that engineers who either joined Meta in-person and then transferred to remote or remained in-person performed better on average than people who joined remotely.”

He added, “This analysis also shows that engineers earlier in their career perform much better on average when they work in-person with their teammates at least three days a week. This requires further study, but our hypothesis is that it is still much easier to build trust in people and that those relationships help us work more effectively.”

Meta ends NFT support on Instagram and Facebook

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Sahil Pawar

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March 16, 2023

Meta ends NFT support Instagram Facebook — Image Credits: TechCircle

Due to the fall of the cryptocurrency market, Meta is discontinuing support for non-fungible tokens on its platforms less than a year after its launch.

“We’re shutting down digital collectibles (NFTs) for the time being to focus on other approaches to help creators, individuals, and businesses,” Meta’s head of fintech, Stephane Kasriel, tweeted on Monday.

Some product news: across the company, we're looking closely at what we prioritize to increase our focus. We’re winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses. 🧵[1/5]
— Stephane Kasriel (@skasriel) March 13, 2023

Meta authorized support for authors to distribute NFTs on Instagram and Facebook last year when the digital asset had soared in popularity and sales of everything from cartoon apes to video snippets had reached billions of dollars.

However, bitcoin and other tokens saw a steep fall after the important exchange FTX crashed overnight in late 2022. This week saw the failure of three American banks, two of which had substantial holdings in cryptocurrencies, which made matters worse.

We’ll continue to invest in the fintech innovations that businesses and consumers will need in the future, Kasriel said. They added that with Meta Pay, which also makes checkout and payouts simpler, we’re investing in streamlining payments across Meta.

Kasriel added that the business would continue to focus on enhancing the platform’s potential for creators. We’re going to concentrate on areas where we can make an impact at scale, like messaging and monetization opps for Reels, he said in his tweet. “Creating chances for artists and businesses to communicate with their followers and monetize is a priority,” he said.

Meta to fire 10,000 employees in second round of layoffs

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Sahil Pawar

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March 15, 2023

Meta fire 10,000 employees second round layoffs — Image Credits: CryptoSlate

Meta announced on Tuesday that it would layoff another 10,000 employees as a part of the second round, becoming the first major tech corporation to do so as the sector prepared for a severe economic slump.

On hearing the news, Meta stock increased 6%. The much-anticipated job losses are part of a bigger reorganization that will also see the corporation abandon hiring plans for 5,000 vacancies, shelve less important initiatives, and compress middle management layers.

CEO Mark Zuckerberg wrote in a statement to employees, “I think we should brace ourselves for the prospect that this new economic reality will remain for many years.”

In order to make the organization “flatter,” according to Zuckerberg, Meta will eliminate numerous layers of management, ask managers to become individual contributors and give them fewer than ten direct reports.

He said it makes more sense to utilize each manager’s capacity fully and defragment layers as much as possible, as he doesn’t anticipate headcount to increase rapidly.

The 11,000 job cuts made by Meta in November were the company’s first significant layoffs in its 18-year history. By the end of 2022, it had an increased headcount of 86,482 employees.

Microsoft lays off its entire ethics and society team

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Sahil Pawar

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March 15, 2023

Microsoft lays off ethics society team — Image Credits: TechCircle

As part of recent layoffs that affected about 10,000 people around the corporation, Microsoft has fired its entire ethics and society team within the artificial intelligence division.

At a time when the business is spearheading the charge to make AI technologies accessible to the mainstream, the decision leaves Microsoft without a dedicated staff to ensure its AI principles are closely related to product design, according to current and former workers.

The Office of Responsible AI, which is entrusted with developing guidelines and norms to direct Microsoft’s AI activities, is still operational. Notwithstanding the latest layoffs, the corporation claims that its overall investment in responsibility work is rising.

Workers claimed that the company’s ethics and society team was essential in ensuring that the design of the products they ship genuinely reflects the responsible AI ideals of the organization.

In 2020, the ethics and society team had a staff of about 30 people, including engineers, designers, and philosophers. The team’s size was reduced to about seven persons in October as part of an organizational change.

Google announces new AI features for its workspace apps

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Sahil Pawar

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March 15, 2023

Google AI features workspace apps — Image Credits: Google

Google has announced a number of generative AI features for its various workspace apps, such as Google Docs, Gmail, Sheets, and Slides.

The features include new ways for Google Docs’ AI to brainstorm, summarize, and generate text; the ability for Gmail to create complete emails from users’ brief bullet points; and for Google Slides to create AI imagery, audio, and video to illustrate presentations.

The first of the company’s many new features, AI writing tools in Documents and Gmail, will only be made accessible to a handful of US-based “trusted testers” this month, despite the company’s announcement of a plethora of new capabilities. The public will subsequently be able to use these capabilities, among others, later this year, although Google didn’t indicate when.

Users can draft, reply, summarize, and prioritize their Gmail and brainstorm, proofread, write, and rewrite in Docs. They can bring their creative vision to life with auto-generated images, video, and audio in Slides.

The AI features will enable one to go from raw data to insights and analysis through auto-completion, formula generation, and contextual categorization in Sheets. You can also generate new backgrounds and capture notes in Meet, while enabling workflows for getting things done in Chat.

OpenAI releases GPT-4, a multimodal model

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Sahil Pawar

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March 15, 2023

OpenAI releases GPT-4 — Image Credits: Search Engine Journal

GPT-4, the most recent in OpenAI’s line of AI language models that power programs like ChatGPT and the new Bing, has been officially released after months of speculation and debate.

The model, according to the company, “can tackle challenging issues with better accuracy” and is “more creative and collaborative than ever before.” It is multimodal, i.e., it can interpret text and image input, but only responds in text.

Moreover, OpenAI warns that the systems still have many of the same issues as earlier language models, such as the propensity to “hallucinate” and the ability to produce offensive and violent material.

OpenAI claims to have already established partnerships with several businesses to include GPT-4 into their products, including Duolingo, Stripe, and Khan Academy. The new model powers Microsoft’s Bing chatbot and is accessible to the general public via ChatGPT Plus, OpenAI’s $20 per month ChatGPT membership. Developers will be able to access it as an API to build on.

The system’s performance on various assessments and benchmarks, including the Uniform Bar Test, LSAT, SAT Math, and SAT Evidence-Based Reading & Writing exams, is claimed to have demonstrated GPT-4’s advances. GPT-4 achieved results in the 88th percentile or higher on the exams indicated, and a complete list of exams and the system’s results may be found here.