The deal would reportedly give Microsoft 75% of Open AI's profits until it recoups its $10bn….. allowing it to retain a 49% stake in Open AI thereafter.
@ninadschick
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Microsoft eyes $10bn additional investment in OpenAI
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More leaks about @OpenAI
's funding talks … Apparently @Microsoft wants to invest a further $10bn. This would follow their $1bn investment from 2019. -
Join The Era of Generative AI Community on Substack
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I'll be following it all on my Substack, 'The Era of Generative AI.' We are already a community of thousands interested in the story of Generative AI. Join us: https://
ninaschick.substack.com -
Generative AI Predictions for 2023: Growth, Adoption, Hype
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In short: 2023 promises to be a year of exponential growth, mass adoption, hype and controversy for Generative AI. https://
ninaschick.substack.com/p/10-predictio
ns-for-generative-ai
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Public Backlash Against Generative AI: Jobs and Training Data
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9. Public Kickback: The furore about ‘AI art’ is the 1st of many significant storms. Public controversy about Generative AI will see the emergence of increasingly vocal and organised political movements against it. Training data and the automation of jobs will be lightning rods.
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Generative AI Safety Debate: Open versus Closed Models
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10. Open or Closed: Negative applications and real-world vulnerabilities of Generative AI will come to the fore. This will fuel the debate around ‘safety’ and whether these technologies should be open or closed.
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EU AI Act: Regulators Focus on Open Source Approach
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8. Regulation: Regulators will focus in earnest on the space. The EU’s proposed AI Act, the first law on AI by a significant regulator anywhere, will be a bellwether. Watch out for how they approach the open source space, that will be very important.
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Nation-States Must Develop Generative AI National Security Strategy
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7. National Security: Major nation-states will start thinking about a national strategy for Generative AI. If they don’t, they should — not having one will put them at a geopolitical disadvantage.
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Generative AI Adoption: Early Movers Cut Costs Optimize
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6. Business Transformation: Generative AI will become a buzzword for businesses. Early adopters will implement Generative AI systems to cut costs and optimise processes.
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Generative AI Mass Adoption Across Consumer Software Platforms
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5. Mass Proliferation: Hundreds of millions of people of all ages and worldwide will interface with Generative AI. Whether through ubiquitous software or creator platforms like Microsoft Word or TikTok — GenAI will be everywhere.