The AI Era Digest V24-9 K.Derby

This past weekend was the Kentucky Derby. It was a thrilling finish with Mystik Dan winning by literally a nose.

AI is in a race. Big Tech, Start-ups are chasing to get their share of the projected $17 Trillion dollar marketplace in 2030. Microsoft just agreed to pour $5B into Indonesia, Malaysia, and Singapore. IBM just posted a listing of the approx.1,000 AI deployments that they did this past year. Nvidia is now valued at over $2T. Start-up are being funded at $2-$100+M, at times without even a Pitch deck.

And the lack of chips or power could impact the race.

On the other hand, the public and governments are raising their heads and trying to understand the social and environmental costs of AI as well as it benefits. To have a technology implemented that restructures society, leaves people high and dry without employment and drives energy usage to the point that climate change is accelerated are concerns that warrant discussion and/or regulation.

The newly announced. broad base AI Safety Board is a step in the right direction.

So, the AI race is on from many sides on a race course that we can't see to a finish line that we don't know where it is. Who is going to win and what does winning look like? Well, we know that it won't be boring.

Highlights of The Week

-AI Safety Board announced

-Opinions published that AI will not impact employment or AI will crush the professional class

-AI may drive innovation and/or impact climate change

-Who determines if AI is safe, Big Tech or Society?

Top User Rated AI Articles

Sam Altman, Jensen Huang, and the 20 other leaders on the new AI safety board

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AI STARTUPS ARE SUDDENLY IN BIG TROUBLE "YOU CAN ALREADY SEE THE WRITING ON THE WALL."

In the AI Economy, There Will Be Zero Percent Unemployment

The AI frenzy could fall flat as companies hoard chips without enough data centers to host them

AI advances may frustrate U.S. climate goals as electric demand surges

AI could drive innovation and improve productivity, report finds

AI is coming for the professional class. Expect outrage — and fear.

Editor's Choice Articles

Edge AI and It’s Advantages over Traditional AI

Big Tech is pouring hundreds of billions into AI. Should it also get to decide if the technology is ‘safe’?

Big Tech keeps spending billions on AI. There’s no end in sight.

There’s an AI Lobbying Frenzy in Washington. Big Tech Is Dominating

So ends another week in the AI Era. Opinions are growing stronger pro and con with billions pouring into the AI space. Will money overpower safety? With funded lobbing overcome concerns?

As always, thanks for your feedback and advice. Looking forward to your feedback.

Thanks, George [email protected]