Justin's AI Newsletter (AI-powered teams, The "AI App Store", Elon Interview)

Hi friends, hope you're having a great week. I've been writing this newsletter every week for almost 6 months now.

In a sea of AI newsletters, I'm incredibly grateful that you choose to read mine. My newsletter isn't just about the latest news or coolest AI tools—it's about sparking thinking. The future of AI is unwritten, and no one can claim to know it all.

That's why it's crucial for you to stay informed and develop your own viewpoints about what the future holds. This mindset will equip you for the rapidly progressing AI landscape.

If you’re seeing this on LinkedIn, I only send this newsletter once a month. If you want to receive it weekly on Sunday, subscribe at?justinfineberg.com

??? AI & The Future of Small Teams

One of the most exciting trends we're likely to see in the next few years is the rise of small teams, powered by AI, achieving incredible results.

Take Midjourney, for example. They're a team of?just 11 employees? making over $250 million in annual recurring revenue with just 11 people. Simultaneously,?IBM has plans to cut 30% of its workforce? as AI boosts the efficiency of their remaining employees.

AI will enable businesses to do more with fewer people. I think that over the next few years, we'll see huge companies built with fewer employees than ever before. At the same time, large companies will realize they don't need as many workers to get things done.

But, does that mean everyone will lose their jobs, and there won't be any jobs left for people?

I think the opposite is true. This will enable far more productivity, and create incredible new opportunities. While the teams will be smaller, they’ll be just as capable as major corporations when it comes to tackling big challenges.

With AI, instead of a few giant companies employing most of the workforce, we’ll have many smaller teams focusing on solving problems in niche markets and industries.

By embracing AI, these small teams will genuinely address tough issues, opening up a world of possibilities for everyone involved.

???The "App Store" of AI

This week, Microsoft and OpenAI announced a major collaboration: a unified plugin ecosystem for AI. Essentially, the plugins created for ChatGPT will be compatible with Microsoft's upcoming Copilot.

The basically creates the "App Store" for language models, offering an expansive platform for building entire products that will be available to hundreds of millions of users through OpenAI and Microsoft's integrated plugins.

If people continue to spend more time interacting with LLMs on a daily basis, then that is where their attention will be. Every business should make sure they are on top of this emerging platform.

???This Week's Recommendations

Elon Musk on AI, China, Tesla and Succession Planning:? It's clear that Elon is going to be a major player in the AI game. It's always interesting to hear his take on things. Elon thinks that over a 20 year time frame, "things will be transformed beyond belief." Clip?here .

Google to work with Europe on stop-gap ‘AI Pact’:? Google is collaborating with Europe to create an "AI pact" as a step towards promoting international cooperation around AI safety. AI regulation is becoming a hot topic, and I believe it will only continue to garner more headlines.

TikTok is testing an in-app AI chatbot called ‘Tako’:? TikTok is testing an AI chatbot called "Tako" in select markets. Users can ask Tako various questions about the video using natural language queries or discover new content by asking for recommendations. I'm not sure how I feel about these in-app chatbots. It reminds me of Snapchat, and I wonder if it's AI for AI sake.

Nvidia stock's AI-fueled rise puts it on trillion-dollar club's doorstep:? Nvidia's stock has had the best performance of any company in the S&P 500 over the past decade, rising over 10,000%. The company's AI-centric data center unit has helped to catapult its shares and create more than $940 billion in stock market wealth. With a market value of over $950 billion, Nvidia may soon join the trillion-dollar-market-cap club.

New superbug-killing antibiotic discovered using AI:? Scientists in Canada and the US have used AI to discover a new antibiotic that can kill a deadly species of superbug that is resistant to many antibiotics. And, the AI did it in an hour and half. In other words, the AI use cases extend beyond writing your emails…

Thanks for tuning in,

Justin

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