Microsoft brings Bing Chat to the Enterprise

🗞️ The Tech Issue | July 19, 2023

Author

Qamar Zia
July 19, 2023

☕️ Good morning. It's Wednesday, July 19. I've got some awesome updates to share with you today. Brace yourself for the coolest AI trends, valuable insights, resources, and mind-blowing cutting-edge tools. Get ready to be amazed! First time reading? join here!

🗞️ Today’s Highlights:

  • EXECUTIVE — Microsoft brings Bing Chat to the enterprise

  • IDEAS & QUESTIONS — Ilya Sutskever, co-founder and chief scientist at OpenAI, discusses his vision for the future of AI, particularly large language models like GPT-4.

  • LEARNING — Why Large Language Models Hallucinate

  • AI TOOLS — Coursebox: is an AI Course Creator tool that allows users to design and build online courses quickly and easily.

  • INDUSTRY & FUNCTIONS — Not just ChatGPT. How to take advantage of the AI finance revolution

  • WORK — Most outsourced coders in India will be gone in 2 years due to A.I., Stability AI boss predicts

  • EVENTS — Leadership in the Era of Generative AI - September 26, 2023 | Los Angeles, California

🗞️ EXECUTIVE

Microsoft has launched Bing Chat Enterprise, an AI-powered chatbot for businesses with enhanced data privacy controls. It ensures that chat data is not saved, Microsoft cannot access customer data, and data is not used to train AI models. The enterprise version offers similar functionality to Bing Chat, including text and visual responses. It also introduces Visual Search, allowing users to search for content related to uploaded images. Bing Chat Enterprise is available in preview and will be free for certain Microsoft 365 subscribers, with a standalone option costing $5 per user per month in the future.

Meta has introduced Llama 2, an improved family of AI models for chatbot applications. Llama 2 offers better performance, is freely available for research and commercial use, and can be fine-tuned on various platforms. It comes in two versions, with different sizes, and was trained on a larger dataset. While Llama 2 slightly lags behind competitors like GPT-4, human evaluators find it as helpful as ChatGPT. Training data sources are undisclosed. Link to Meta Llama 2.

This article combines data-driven intelligence, expert viewpoints, and thorough research to offer valuable insights and forward-looking perspectives on prevailing trends, market data, and strategic approaches of key players within the Artificial Intelligence market.

Twitter CEO Elon Musk plans to develop an AI model called "TruthGPT" as an alternative to Microsoft-backed ChatGPT. Musk criticized ChatGPT for being controlled by Microsoft and accused it of training AI to lie. TruthGPT would compete with ChatGPT and Google's Bard. Critics claim ChatGPT has a political bias, and Microsoft's GPT-4 has faced criticism for lacking emotional intelligence and accuracy. Italy banned ChatGPT temporarily over data privacy concerns. Musk called for a global AI industry body to propose regulations and ethical guidelines.

According to this article, OpenAI's chatbot ChatGPT achieved an impressive milestone by reaching 100 million monthly active users in just three months, surpassing the growth rates of popular apps like TikTok and Instagram. It currently has 123 million monthly unique visitors, with 266 million total users since its November launch. The United States has the largest user base, and the top audience interests include developer software, electronics, technology, and news. Direct traffic is the primary source, driving 64.3% of visits. OpenAI has introduced a paid version, ChatGPT Plus, offering faster responses and priority access for $20 per month.

🗞️ IDEAS & QUESTIONS

Ilya Sutskever, co-founder and chief scientist at OpenAI, discusses his vision for the future of AI, particularly large language models like GPT-4. He explores their capabilities, the challenges in their development, and their potential impact on society. Sutskever also highlights the importance of ethical AI, and its potential to aid democracy and solve global issues. This podcast episode offers valuable insights for those interested in AI, language, and society.

Source: Eye on AI

An enhanced iteration of ChatGPT possesses the capability to analyze images and has already been assisting individuals with visual impairments. However, the reason why the general public does not have access to this version is primarily due to its capacity to identify individuals by their faces.

🗞️ LEARNING

Salesforce's primer on generative AI will bring everyone in your company, regardless of technical background, up to speed on the latest technology. The article discusses key terms to help you understand how it impacts both customers and your team.

Large language models (LLMs) like chatGPT can generate authoritative content on diverse subjects, but they are also prone to generating nonsensical yet convincing information. In a video, Martin Keen explains different types of "LLM hallucinations," and their causes, and suggests steps for users to reduce their likelihood.

🗞️ AI TOOLS

AI Collective: Get Access to All AIs. Create Original AI content, and get better results every day. AI Collective connects you to 20+ AI models so that you can create AI content that is unique and different.

Godspeed: Bring Your Idea To Life 10X Faster & Cheaper With No Code Developers. Whatever your idea, Goodspeed will help you launch it with the use of no-code tools to go from idea to launch at a good speed and great quality.

Coursebox: is an AI Course Creator tool that allows users to design and build online courses quickly and easily.

DeepBrain: AI-Powered text-to-video editor

Recast: Turn your want-to-read articles into rich audio summaries.

Disclaimer: 1) The tool descriptions may include messaging from each tool site. 2) Please thoroughly read the site details before using and/or acquiring any of the tools listed above.

🗞️ INDUSTRY & FUNCTION

Explore the transformative impact of artificial intelligence (AI) on the area of finance, extending far beyond the capabilities of ChatGPT. Uncover innovative strategies and techniques that harness AI for financial decision-making, trading, risk management, and a multitude of other applications.

🗞️ WORK

According to Emad Mostaque, the CEO of Stability AI, the employment prospects for coders in India are likely to be adversely affected by the advancements in AI technology. He stated that the increasing capabilities of AI allow software development to be accomplished with significantly fewer individuals, leading to a potential loss of jobs for most Indian coders. However, Mostaque acknowledged that the impact of generative AI on technical positions will vary across different countries. He highlighted that programmers in France, for instance, are expected to have more safeguards and job security compared to their counterparts in India.

Mostaque emphasized that in the Indian coding industry, outsourced coders, including those up to level three programmers, are likely to face job displacement within the next one or two years. On the other hand, he contrasted this situation with France, where developers are unlikely to face the risk of being terminated from their positions.

This article discusses the shift in usage and popularity of social media platforms among Gen Z, particularly the declining interest in Twitter and the increasing preference for LinkedIn. It highlights several reasons for this shift, including Twitter's perceived toxic and politically charged environment, the recent acquisition of Twitter by Elon Musk, and Gen Z's desire for stability and authenticity. The article notes that Gen Z users are turning to LinkedIn as a more positive and productive platform for professional guidance, networking, and personal branding. LinkedIn's emphasis on brand trust, safety, and professionalism, as well as its authentic and inclusive community, have contributed to its growing popularity among Gen Z. The article concludes that Twitter needs to address its issues and adapt quickly to retain its younger users, as LinkedIn appears to be the preferred choice for the next generation of professionals.

🗞️ EVENTS

Generative AI and large language models (LLMs) are creating excitement for businesses, offering potential benefits like increased productivity and revenue generation. However, there are concerns that the rapid development of these models poses risks to society and humanity, echoed by the tech community and the Future of Life Institute.

The Economist says “Join Economist Impact to examine the latest developments in AI, discuss how businesses may be disrupted and consider how business leaders should manage—and avoid being replaced by a bot themselves.”

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