🗞 Digitize Dispatch 03/18/2024

📲 Google's AI technology may power some iPhone 16 features. Read More 

• Apple is in talks to license Google's Gemini AI models to enable generative AI features like writing essays and creating images on the upcoming iPhone 16

• While Apple develops its own AI models, they are reportedly lagging behind rivals, prompting the potential deal with Google for more advanced AI capabilities

• The move highlights Apple's push into generative AI, with CEO Tim Cook expressing excitement about upcoming AI-powered features expected to debut with iOS 18 later this year

🪙 U.S. workers express anxiety over AI adoption in finance and operations, hindering progress. Read More 

• Nearly three times as many respondents fear AI more than being excited about it, with job displacement being a major concern

• Most respondents believe news coverage highlights risks and negative consequences of AI more than its benefits, fueling apprehensions

• Respondents express concerns about AI's potential for biased decision-making, security vulnerabilities, and lack of transparency in areas like finance and hiring processes

📉 Tech job seekers lacking AI skills face reduced salaries and fewer opportunities as AI accelerates automation. Read More 

• The IT job market is expected to shrink by 20,000 to 30,000 jobs in 2024, with entry-level and non-AI roles being impacted the most

• Job seekers without AI skills are finding it challenging to secure high-paying roles, with companies prioritizing AI talent over other IT specialties

• Generative AI skills command the highest salaries, with a 30-fold increase in related job postings compared to last year, reflecting AI's dominance in corporate priorities

🧠 Modern AI models are limited by the data they are trained on, akin to Plato's allegory of the cave. Read More

• AI models perceive reality only through the data they are exposed to, much like prisoners in Plato's cave perceiving shadows on the wall

• Just as the prisoners' understanding was limited, AI's interpretation of the world is inherently subjective and simplified due to data limitations

• While AI can recognize patterns and make predictions, it cannot yet produce its own abstract thoughts or cognitive reasoning like humans can

⚖️ Elon Musk escalates AI battle by releasing the code for his ChatGPT rival, Grok. Read More

• Musk's move to open-source Grok's code is the latest volley in his fight against OpenAI, which he sued for allegedly failing to release ChatGPT's code publicly

• The open-sourcing of Grok aims to enable other companies and developers to build upon and improve the chatbot's technology, potentially leveling the playing field

• The release reignites the debate around the transparency and potential risks of open-sourcing powerful AI systems, with Musk firmly siding with public access

📈 Nvidia's AI developer conference sparks soaring expectations and price targets amid the AI boom. Read More

• Analysts are raising Nvidia's price targets ahead of its highly anticipated "AI Woodstock" conference, with one calling for a $1,177 per share valuation

• CEO Jensen Huang's keynote is expected to unveil new AI products and partnerships, further cementing Nvidia's position in the surging AI chip market

• With AI spending projected to reach $1 trillion over the next decade, Nvidia is poised to capture a significant share through its cutting-edge chips and platforms

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