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Entrepreneur magazine editor shares secrets for AI innovation 🤫
🚀 Innovating with AI, Sam Altman returns to OpenAI Board, Google NotebookLM review, and more!
Everyday AI
March 11, 2024
Outsmart The Future
Today in Everyday AI
6 minute read
🎙 Daily Podcast Episode: We should use AI to break things. And we should be deliberate about it. That’s coming from Jason Feifer, the editor of Entrepreneur magazine. He explains why. Give it a listen.
🕵️♂️ Fresh Finds: AI that turns photos into insights, Walmart’s GenAI innovations, and how AI and VR are changing gaming. Read on for Fresh Finds.
🗞 Byte Sized Daily AI News: Sam Altman returns to OpenAI board, Elon Musk makes Grok open-source, and US Government says AI is a threat. For that and more, read on for Byte Sized News.
🚀 AI In 5: Google hinted at NotebookLM being an Evernote killer. We dive in to see if that’s true. We had high hopes. Were they met? Find out here
🧠 Learn & Leveraging AI: So what exactly does it mean to break things with AI? Here’s our step-by-step guide. Keep reading for that!
↩️ Don’t miss out: Did you miss our last newsletter? We talked about the future of society with AI, Inflection's new AI model, and why to use the Edge browser with Microsoft Copilot. Check it here!
Use AI To Break Things with Entrepreneur Magazine's Jason Feifer 🚀
Break things that are already broken. And use AI to do it.
Yes, it sounds harsh but we mean that in a good way.
Don’t take it from us. Take it from Jason Feifer. He says we should use AI to break things.
It’s sound advice coming from one of the leading voices in entrepreneurship and business.
Jason’s the Editor in Chief of Entrepreneur Magazine. So he knows a thing or two about building successful businesses.
So how can we use AI to break things?
We give a step-by-step guide.
Join the conversation and ask Jordan and Jason questions on AI and innovation here.
Also on the pod today:
• AI's Impact on Traditional Business Processes 💼
• Future of AI in Business and Everyday Life 🤖
• Impact of AI on Media Industry 📢
It’ll be worth your 35 minutes:
Listen on our site:
Click to listen
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Listen on:
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Here’s our favorite AI finds from across the web:
New AI Tool Spotlight – Picurious turns photos into insights, Muse Pro is an AI sketching and painting app, and Soundry AI is text-to-sound for musicians.
Big Tech – Walmart’s innovations in GenAI might have Google worried about its own AI future.
Money in AI – This new startup helping companies create tailored LLMs raised $20M in funding.
Future of Work - An influx of AI startups in Europe is intensifying the competition for companies like DeepMind.
Pop Culture – Check out how AI and VR are reshaping the gaming and tech industry.
1. OpenAI Welcomes Altman and Others To Board of Directors 👥
OpenAI's star-studded Board of Directors just got even more impressive with the addition of Sue Desmond-Hellmann, Nicole Seligman, Fidji Simo, and the return of CEO Sam Altman. This power quartet brings a wealth of experience in leading global organizations and navigating complex regulatory environments, ensuring OpenAI's mission of harnessing artificial general intelligence for the benefit of humanity.
2. Elon Musk's xAI to Open-Source 'Grok' Amid Lawsuit Drama 👀
Elon Musk's xAI is set to release 'Grok' to the public, a direct response to his legal battle with OpenAI over its alleged profit-driven strategy. The tech mogul's crusade for open-sourcing AI technologies intensifies as he takes on the AI giant he co-founded.
3. US Government Report: AI May Pose 'Extinction-Level Threat' 🤯
A recent report commissioned by the US government has set alarm bells ringing, warning of the potential catastrophic risks posed by advanced artificial intelligence. The report suggests that unchecked development of AGI could lead to global destabilization. With high-stake recommendations like outlawing certain AI training practices and establishing a new federal AI agency, this eye-opening revelation demands immediate attention and action.
4. Nvidia Faces Lawsuit Over Using Authors’ Books to Train AI 📚
Nvidia is in hot water as three authors sue for allegedly using their copyrighted books without permission to train its NeMo AI platform. The lawsuit, filed in San Francisco federal court, claims Nvidia infringed copyrights by training NeMo on a dataset including works like “Ghost Walk” and “Like a Love Story.” This legal battle adds Nvidia to the list of companies facing litigation over generative AI, including OpenAI and Microsoft.
5. US and China Battle for AI Arms Dominance 🥊
The competition for AI dominance between the US and China intensifies as they vie for control over advanced technologies and resources. While the US leads in generative AI systems and export restrictions, China counters with its own strategies, including chip export limitations and a significant chip fund. Geopolitical "swing states" like the UK, UAE, and Japan may play crucial roles in shaping the future landscape of AI development.
Google NotebookLM: The Evernote Killer?
Google hinted at NotebookLM being an Evernote killer.
But how true is that statement?
Is Google NotebookLM a groundbreaking tool we've been waiting for, or just another app in the sea of productivity tools?
We had high hopes. Buuuuuuut we were kinda bummed with the results.
See why and check out today's AI in 5.
Or see this related video:
🦾How You Can Leverage:
A secret weapon of AI?
We can use it to break things in business that are probably better off broken.
Jason Feifer gave us the winning game plan on how to use AI to break things that are already broken, helping us all usher in an era of better businesses.
Jason is not only the Editor in Chief of Entrepreneur Magazine, but also a keynote speaker, consultant and startup advisor.
In other words, he constantly has his finger on the pulse of how the business world is using AI.
And his advice for GenAI goes beyond the typical push for productivity and less manual work.
(DUCK! Golden nuggets incoming!)
Jason says we should use AI to break things.
So much of the time, the business world just operates like clockwork – do what has always been done.
Repetitively.
Don’t fix what’s not broken.
Mundanely move forward.
Incremental ticks forward like the never-stopping hands on a clock.
Generative AI can be like an innovation hammer – breaking the clock that signifies the constant humming of yesterday’s business world and signaling an exciting new era of how we get work done.
Ready to break things with AI?
Frick yeah.
Us, too.
Let’s get smashin and highlight the 3 takeaways from our conversation. 🔨
1 – Break old business with AI 🛠️️
Jason told the story of lawyers kinda concerned about ChatGPT and billable hours.
At a speaking event, he was taken aback by the amount of lawyers asking him about ChatGPT.
Why were they asking? 🤔
They weren’t stoked about growth.
They were scared of efficiency.
To them, Generative AI making their industry more efficient meant fewer billable hours. (i.e., less money.)
That’s how to use AI to break things that are ALREADY broken, Jason said.
Jason keyed us in on what the future of the business world may be.
Either industry giants can change the way they’ve always operated, or smaller competitors will slingshot to the front with AI.
Try this:
Another ‘AI needs to break this broken thing’ gem that Jason dropped: education.
If the higher education world is so worried about students using ChatGPT to write their papers, then maybe writing papers as a mechanism to measure learning might be a bit archaic?
Luckily, we’ve got a solution for that one.
Check out this episode (with a different Jason) where we broke down how to fix the broken world of education.
2 – Don’t AI microwave everything ♨️
Throw anything in the microwave, and it automatically gets warmed up.
But, you shouldn’t throw anything in the microwave.
Jason likened AI implementation to using a microwave. Just because you can sprinkle AI on something, doesn’t mean it’s a panacea.
Like raw chicken in a microwave.
Try this:
We get it. It’s legit (nearly) impossible to keep up with everything GenAI.
It’s so tempting to AI microwave EVERYTHING. 🤷
Instead, you can simplify your work life and make One Thing Better with Jason’s weekly newsletter that focuses on (you guessed it!) making One Thing Better in your work and personal life.
3 – The lump of labor fallacy applies 💼
When we think of AI and job disruption, we have to broaden our thinking.
And with recent tech layoffs hitting hard in 2024, we’ve gotta shift our viewpoint on the labor market.
Jason explained the lump of labor fallacy, and how we can’t look at future economies as a set number of workers with a set number of jobs.
Jason kept it real, acknowledging some jobs will be lost but others will (eventually) be created.
Maybe AI displaces 10 jobs today. And maybe there’s not 10 new jobs tomorrow. But eventually, there will be.
Try this:
Job creation isn’t a zero-sum game. An AI-powered economy is dynamic and constantly creating new verticals in old sectors.
Check out this article that details the lump of labor fallacy as it pertains to AI.
⌚
Numbers to watch
$1 Billion
Perplexity AI is reportedly finalizing a new funding deal that would double its valuation to about $1 billion.
Now This …
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