🗞 Elon Musk: AI Could Make Jobs Optional, But It's Not All Bad 🤷‍♂️

🔎 The Latest on the AI Frontier:

• Elon Musk: AI Could Make Jobs Optional, But It's Not All Bad 🤷‍♂️

• OpenAI Allows Ex-Employees to Keep Equity, Drops Non-Disparagement Clause 💳

• OpenAI Engineer: Building Job-Stealing AI is "Deeply Unfair" 😳

• Microsoft's AI Copilots to Automate Tasks Like Virtual Employees 🛫

• Google's AI Overview Gives Inaccurate, Dangerous Answers 😬

• AI Startup CEOs Become Tech Rockstars at Conferences 🌟

• AI Engineers Earn $100K More Than Non-AI Colleagues 💰

🤷‍♂️ Elon Musk predicts artificial intelligence will take all jobs, making them optional in the future, but says it's not necessarily bad. Read More

• Musk envisions a future where AI and robots provide all goods and services, and jobs become more like hobbies, supported by a "universal high income" system.

• Despite concerns about AI's impact on jobs, MIT researchers found that workplaces are adopting AI more slowly than expected, and many jobs requiring high emotional intelligence may not be replaced.

• Musk questions whether people will find emotional fulfillment in a job-free future and suggests humans may still have a role in giving AI meaning.

💳 OpenAI backtracks on controversial non-disparagement agreements for former employees, allowing them to keep vested equity. Read More

• OpenAI sent an internal memo to former and current employees, stating that regardless of whether they signed the agreement, the company will not cancel any vested units of equity.

• The memo also said OpenAI will not enforce any other non-disparagement or non-solicitation contract items that employees may have signed.

• An OpenAI spokesperson apologized for the delay in changing the language, stating it doesn't reflect their values or the company they want to be.

😳 OpenAI engineer admits it's "deeply unfair" to "build AI and take everyone's job away" in a resurfaced video interview. Read More

• Brian Wu, an OpenAI engineer, acknowledges the unfairness of a group of people building AI that could take away everyone's jobs, suggesting people should raise awareness and get governments to care.

• Daniel Kokotajlo, another OpenAI engineer, confidently asserts that AGI will create tremendous wealth, making everyone incredibly wealthy if it's distributed equitably, and people won't need jobs.

• The article criticizes the AI industry's haughty feeling of impunity, as exemplified by OpenAI's CEO allegedly ignoring Scarlett Johansson's opposition to her voice being used for ChatGPT, and their casual dismissal of concerns about lost jobs and stolen artwork.

🛫 Microsoft introduces AI-powered Copilot agents that can automate tasks like virtual employees, moving beyond conversational AI. Read More

• Copilot agents can handle tasks such as IT help desk service, employee onboarding, and data entry, working proactively in the background without waiting for queries.

• Microsoft argues that Copilot agents will remove repetitive and mundane tasks rather than replace entire jobs, emphasizing the importance of human judgment and collaboration.

• Copilot Studio includes controls to prevent AI from going rogue, allowing businesses to define instructions and actions for automated tasks and flag complex scenarios for human review.

😬 Google's new "AI Overview" feature provides inaccurate and potentially dangerous results, raising concerns among social media users. Read More

• Google's AI suggested mixing glue into cheese when making pizza and provided a recipe for mustard gas when asked about sanitizing a washing machine.

• The feature appears to plagiarize content from other websites, adding phrases like "my kid's favorite" to a smoothie recipe borrowed from another site.

• Critics worry that AI-generated results will prevent click-throughs to original content providers, starving the publications that AI Overview relies on for training data.

🌟 CEOs of AI startups like Mistral AI and Anthropic, backed by Microsoft and Amazon respectively, have become the new tech rockstars at industry conferences. Read More

• Arthur Mensch, CEO of Mistral AI, and Dario Amodei, CEO of Anthropic, garnered significant attention at Viva Tech in Paris, with Mensch quickly escorted out of the event by his associates to avoid media interactions.

• Mistral AI, just over a year old, has raised hundreds of millions of dollars and is valued at $2 billion, with reports suggesting it is seeking more funding at a $6 billion valuation.

• Amazon has invested around $4 billion into Anthropic, founded in 2021, and the rapid rise of these AI firms, thanks to massive investments from industry giants and the hype surrounding the technology, has thrust their CEOs into the spotlight.

💰 AI software engineers in the U.S. earn a median salary of nearly $300,000, about $100,000 more than their non-AI counterparts. Read More

• The pay gap between AI and non-AI software engineers has grown from 30% in mid-2022 to almost 50% in April 2024, indicating that companies are willing to pay a premium for AI skills.

• Some companies, like robotaxi company Cruise, pay AI engineers at the staff level a median salary of $680,500, which is $185,500 more than their non-AI colleagues.

• As Big Tech invests more resources into developing AI technologies, the demand for AI-savvy recruits is expected to grow, with companies offering salaries of up to $1 million, acquiring startups, and poaching talent from rivals.

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