Starter for Ten - All the chat about AI

AI is back in the news again (when is it not!) driven by the Bletchley Summit and its outcomes. We have summarised the key takeaways from the summit and naturally provided you with some other interesting news and applications of AI in this week's edition.?

We hope you all survived the double whammy of Halloween and Guy Fawkes - and I have no doubt that you all have a secret sweetie stash - your hidden 'left overs' from Trick 'n Treating...

Have a good week.

Alison Dwyer

Head of Marketing & Communications

ChatGPT your new psychologist?

Whether you like it or not, other people will form opinions of you. And you cannot control those opinions. When you’re on stage, in the office, on LinkedIn or minding your own business in a grocery store, people will judge. Changing how you behave in the hope that people will see you favourably is a waste of your energy. Be conscientious and helpful, of course, but don’t forget who you are because you’re trying to impress someone who may be indifferent. There is another way.?

If people-pleasing,?overthinking?or being too self conscious are things you struggle with, try these ChatGPT prompts out for size.

ChatGPT will see you now... ?

Bletchley Summit yields global AI safety

The AI safety summit at Bletchley Park this past week, led by UK Prime Minister Rishi Sunak, has been considered a significant diplomatic success. Here's a synthesis of key points from the summit, incorporating the latest details:

1. Diplomatic success: Sunak convened an impressive roster of global leaders, including US Vice President Kamala Harris and European Commission President Ursula von der Leyen, symbolising a considerable diplomatic achievement. The summit resulted in an international declaration to address AI risks, indicating a strong political and commercial commitment to AI safety, with France set to host the next summit in 2024.
2. US leadership in AI: The United States showcased its influence in shaping the AI agenda. President Biden's executive order on AI system testing and Vice President Harris's announcement of a new AI safety institute underscored US authority in the domain, both politically and commercially, as many leading AI firms are US.-based.
3. Elon Musk's influence: Elon Musk's attendance added celebrity appeal to the summit. While his AI company xAI may not be as large as others, his warnings about AI's risks drew significant media attention and amplified the summit's message.
4. Divergence on existential risk: The summit revealed a divide on the perception of AI as an existential threat. While there was no resolution to this debate, there was a clear consensus on the more immediate risks of AI, particularly regarding the potential for disinformation to disrupt upcoming elections in the US, India and the UK.
5. Regulatory approaches and speeds: Discussions highlighted the varied speeds at which countries are moving on AI regulation. The EU is advancing towards its AI Act, while the UK is more hesitant, questioning the feasibility of regulation due to the rapid advancement of the AI industry. Despite these differences, there was agreement on the importance of international cooperation and summits to help establish a framework for addressing AI challenges.
6. Need for a scientific consensus: Just as the International Panel on Climate Change does for climate issues, there's a recognised need for an authoritative body to establish a scientific consensus on the capabilities and risks of AI models, which will aid in harmonising international efforts in AI governance.

The AI safety summit at Bletchley Park served as a significant step in international diplomacy for AI, bringing together key political figures, tech leaders and experts to discuss and agree on strategies to address the immediate and long-term challenges posed by the rapid development of AI technology.

Read more from New Scientist here ?

The upward trajectory of MidJourney

MidJourney has emerged as a remarkably successful start-up, staying somewhat inconspicuous by avoiding venture capital and pursuing its own growth strategy. Accessible solely through Discord, MidJourney operates on a subscription model, now starting at $10 per month after eliminating its free tier in March.

Since launching in the summer of 2022, the Midjourney community has experienced explosive growth, now boasting 16.4 million members and becoming the largest Discord server by a significant margin—the next in line have around 1 million members each. Impressively, the company generates over $200 million in revenue and is profitable with a lean team of only 11 full-time staff.

If you haven't yet discovered the capabilities of MidJourney and how it can impact your businesses costs and creativity, we share with you a brilliant guide to tell you everything that you need to know about MidJourney

The ultimate guide to MidJourney ?

Entrepreneurial pitfalls: steering through founder challenges

The entrepreneurial journey is as demanding as it is rewarding, calling upon a blend of courage, innovation, and persistence. Founders embark on this voyage with aspirations to disrupt industries and introduce ground breaking ideas. However, the path is lined with personal and professional obstacles that, if ignored, can impede the health of the entrepreneur and the enterprise they’ve built. This examination delves into the challenges, their implications, and offers a comprehensive array of resources for founders to navigate through these turbulent waters

Read more ?